401(k) · DOL Form 5500 · 2022
Pg&e Corporation 401(k) Plan
Data updated 2026-08-06
- $3.6B
- Total assets
- 10,112
- Participants
- 100th
- Percentile by assets
- $353,528
- Avg per participant
Official DOL plan name: Pg&e Corporation Retirement Savings Plan · Sponsored by Pg&e Corporation · California · Utilities
$3.6B in assets, 10,112 participants
Pg&e Corporation's Pg&e Corporation Retirement Savings Plan reported $3.6B in total assets and 10,112 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.
- 100th percentile by assets (of 139,258 plans)
- #711 in Utilities (739 peers)
Coverage in California
Pg&e Corporation Retirement Savings Plan covers 10,112 participants in California, 16x the typical California plan (state average ~637 per filing). Assets: $3.6B.
- $3.6B
- total plan assets (2022 EOY)
- 10,112
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $353,528
- avg assets per participant
The plan reported a net loss of $787M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs California filers
In California, the average filing covers about 637 participants across 14,392 plans. Pg&e Corporation Retirement Savings Plan reports 10,112 participants - 16x that state average ($3.6B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $4.3B |
|---|---|
| Net Assets (End of Year) | $3.6B |
| Net Income | -$787M |
| Employer EIN | 943234914 |
| Plan Effective Date | 1959-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Pg&e Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 26,715 | $7.3B |
| 2023 | 2 | 25,204 | $8.6B |
| 2024 | 2 | 27,374 | $9.8B |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Pg&e Corporation Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
- Wells Fargo & Company 401(k) Plan $45.8B · 205,865
- Google LLC 401(k) Savings Plan $28.9B · 102,963
- Oracle Corporation 401(k) Savings and Investment Plan $21.9B · 46,320
- Chevron Employee Savings Investment Plan $18.6B · 19,946
- Intel 401(k) Savings Plan $18.4B · 54,672
Scale composition for Pg&e Corporation Retirement Savings Plan
Pg&e Corporation Retirement Savings Plan reports $3.6B in end-of-year assets across 10,112 participants (0.031% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.011% of 89,805,449 covered participants) - about $353,528 per participant (2.6x the national average assets-per-participant) . Net income for plan year 2022 was -$787M.
This plan identity (EIN 943234914, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.6B to $4.9B (+35.9%) while covered participants moved from 10,112 to 10,231 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 10,112 | $3.6B | This page |
| 2023 | 9,525 | $4.3B | Open filing |
| 2024 · index core | 10,231 | $4.9B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Pg&e Corp. Retirement Savings Plan for Union-Represented Employees (401(k), $5.0B, 17,143 participants)
- Pg&e Corporation Retirement Savings Plan (401(k), $4.9B, 10,231 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Pg&e Corporation Retirement Savings Plan by total assets, not by location.
- Bnsf Railway Company Non-Salaried Employees 401(k) Retirement Plan (TX) $3.6B · 27,463
- Publicis Benefits Connection 401(k) Plan (IL) $3.6B · 25,067
- Banner Health Employees 401(k) Plan (AZ) $3.6B · 50,602
- Intermountain Healthcare Savings Plus 401(k) Plan (UT) $3.6B · 42,446
Frequently Asked Questions
How did Pg&e Corporation Retirement Savings Plan assets move in 2022? ▼
How have Pg&e Corporation plan assets changed over time? ▼
Where does Pg&e Corporation Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Pg&e Corporation Retirement Savings Plan? ▼
Next read for Pg&e Corporation Retirement Savings Plan
Filing takeaways
Ways to act on Pg&e Corporation Retirement Savings Plan's numbers.
- By total assets, Pg&e Corporation Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Pg&e Corporation's sponsor-wide assets have grown 34.6% since 2022 across 3 plan years on file. More Utilities plans