Defined Benefit (Pension) · DOL Form 5500 · 2022
Public Service Enterprise Group Incorporated Pension Plan
Data updated 2026-08-25
- $2.5B
- Total assets Very large vs avg
- 9,939
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $248,507
- Avg per participant Above avg balance/head
Official DOL plan name: Pension Plan of Public Service Enterprise Group Incorporated II · Sponsored by Public Service Enterprise Group Incorporated · New Jersey · Management of Enterprises
$2.5B in assets, 9,939 participants
Public Service Enterprise Group Incorporated's Pension Plan of Public Service Enterprise Group Incorporated II reported $2.5B in total assets and 9,939 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #1,171 in Management of Enterprises (1,193 peers)
Coverage in New Jersey
Pension Plan of Public Service Enterprise Group Incorporated II covers 9,939 participants in New Jersey, 12x the typical New Jersey plan (state average ~844 per filing). Assets: $2.5B.
- #1,171
- in Management of Enterprises (1,193 peers)
- -29.3%
- assets change YoY
- 25×
- vs typical plan assets (national mean)
The plan reported a net loss of $957M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Pension Plan of Public Service Enterprise Group Incorporated II's outsized position by total assets
Pension Plan of Public Service Enterprise Group Incorporated II vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$2,469,913,155 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Pension Plan of Public Service Enterprise Group Incorporated II's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan of Public Service Enterprise Group Incorporated II lands in the large band (9,939 participants).
EBSA filing schedule strip
Filing strip 222625848 · Public Service Enterprise Group Incorporated PY 2022 · Defined Benefit (Pension)
Pension Plan of Public Service Enterprise Group Incorporated II · $2.5B · 9,939 · 100th
- EBSA $2.5B
- EBSA 9,939
- EBSA 100th
- EBSA Defined Benefit (Pension)
- EBSA near Employees' Retirement Plan of Duke University
- EBSA ind #1171
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in New Jersey →
Pension Plan of Public Service Enterprise Group Incorporated II in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $3.5B |
|---|---|
| Net Assets (End of Year) | $2.5B |
| Net Income | -$957M |
| Employer EIN | 222625848 |
| Plan Effective Date | 2019-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Public Service Enterprise Group Incorporated)
Sponsor-wide plan assets over time
All Public Service Enterprise Group Incorporated plans reported in each filing year
- Latest sponsor-wide plan assets
- $4.5B 50.79670162689594% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 21,128 | $9.1B |
| 2023 | 4 | 21,001 | $8.7B |
| 2024 | 2 | 10,454 | $4.5B |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Retirement Plan of Johnson and Johnson $19.8B · 38,100
- JPMorgan Chase Retirement Plan $14.8B · 102,340
- Nokia Retirement Income Plan $14.5B · 7,413
- The Prudential Merged Retirement Plan $12.3B · 17,538
- Verizon Pension Plan for Associates $10.9B · 25,746
Scale composition for Pension Plan of Public Service Enterprise Group Incorporated II
Pension Plan of Public Service Enterprise Group Incorporated II reports $2.5B in end-of-year assets across 9,939 participants (0.020% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $248,507 per participant (1.8x the national average assets-per-participant) . Net income for plan year 2022 was -$957M.
This plan identity (EIN 222625848, plan #002) has 2 Form 5500 filings on file from 2022 to 2023 , with end-of-year assets moving from $2.5B to $2.1B (-13.7%) while covered participants moved from 9,939 to 10,014 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 9,939 | $2.5B | This page |
| 2023 · index core | 10,014 | $2.1B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Pension Plan of Public Service Enterprise Group Incorporated (Defined Benefit (Pension), $2.4B, 428 participants)
- Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan (401(k), $2.3B, 3,869 participants)
- Public Service Enterprise Group Inc. Employee Savings Plan (401(k), $2.2B, 6,585 participants)
- Pension Plan of Public Service Enterprise Group Incorporated II (Defined Benefit (Pension), $2.1B, 10,014 participants)
Pension Plan of Public Service Enterprise Group Incorporated II's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Employees' Retirement Plan of Duke University in NC ($2.5B); by covered participants it is New York State Teamsters Conference Pension & Retirement Fund in NY (9,974 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.5B here).
- Employees' Retirement Plan of Duke University (NC) $2.5B · 20,542
- Pipe Fitters Retirement Fund, Local 597 (IL) $2.5B · 6,121
- Northwell Health Pension Plan (NY) $2.5B · 666
- Southern Nevada Culinary and Bartenders Pension Plan (NV) $2.5B · 44,303
Similar participant headcount
Nearest other-state filings by covered participants (9,939 participants); asset peers above are excluded.
- New York State Teamsters Conference Pension & Retirement Fund (NY) 9,974 · 35 off
- Mid-America Carpenters Regional Council Pension Fund (IL) 9,897 · 42 off
- Indiana Laborers Pension Fund (IN) 9,896 · 43 off
- Massachusetts Laborers' Pension Fund (MA) 10,000 · 61 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.