ESOP
2022 plan-year ESOP DOL Form 5500

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Pg&e Corporation · California · Utilities

What the 2023 filing shows

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees holds $3.7B for 16,603 participants — about $224,409 per participant, down 14.5% over the 2022 plan year.

$3.7B
total plan assets (2022 EOY)
16,603
covered participants
$224,409
avg assets per participant
-14.5%
assets change YoY

The plan reported a net loss of $556M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$3.7B
Participants
16,603
State
Industry
Utilities

What the Filing Says About Pg&e Corp. Retirement Savings Plan for Union-Represented Employees

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees is a ESOP retirement plan sponsored by Pg&e Corporation, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $3.7B in total end-of-year assets and covers 16,603 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 943234914, and the plan has been effective since 2000-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $4.4B at the beginning of 2022 to $3.7B at year-end — a decline of 14.5%. Net assets (after liabilities) closed the year at $3.7B, with reported net income of $-556,411,000 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$4.4B
Total Assets (End of Year)$3.7B
Net Assets (End of Year)$3.7B
Net Income$-556,411,000
Plan TypeESOP
Employer EIN943234914
Plan Effective Date2000-04-01
Filing StatusFILING 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 ESOP Plans in California

Peer ESOP plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Pg&e Corp. Retirement Savings Plan for Union-Represented Employees?
As of the 2022 Form 5500 filing, Pg&e Corp. Retirement Savings Plan for Union-Represented Employees holds $3.7B in total assets with 16,603 participants. It is sponsored by Pg&e Corporation.
What type of plan is Pg&e Corp. Retirement Savings Plan for Union-Represented Employees?
Pg&e Corp. Retirement Savings Plan for Union-Represented Employees is a ESOP plan. It has been effective since 2000-04-01. The plan is filed with the U.S. Department of Labor under EIN 943234914.
Who sponsors the Pg&e Corp. Retirement Savings Plan for Union-Represented Employees?
Pg&e Corp. Retirement Savings Plan for Union-Represented Employees is sponsored by Pg&e Corporation, located in California. The sponsor's EIN is 943234914 and the plan operates in the Utilities industry.
How did Pg&e Corp. Retirement Savings Plan for Union-Represented Employees perform in 2022?
Pg&e Corp. Retirement Savings Plan for Union-Represented Employees declined by 14.5% during 2022, moving from $4.4B to $3.7B in total assets. Net income was $-556,411,000.
Where can I find official filings for Pg&e Corp. Retirement Savings Plan for Union-Represented Employees?
Official Form 5500 filings for Pg&e Corp. Retirement Savings Plan for Union-Represented Employees are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 943234914 or plan name at efast.dol.gov.
How does Pg&e Corp. Retirement Savings Plan for Union-Represented Employees compare to other plans?
You can compare Pg&e Corp. Retirement Savings Plan for Union-Represented Employees against other ESOP plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 943234914.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.