401(k) · DOL Form 5500 · 2022

Pg&e Corporation 401(k) Plan

Data updated 2026-08-11

$3.7B
Total assets
16,603
Participants
100th
Percentile by assets
$224,409
Avg per participant
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Official DOL plan name: Pg&e Corp. Retirement Savings Plan for Union-Represented Employees · Sponsored by Pg&e Corporation · California · Utilities

$3.7B in assets, 16,603 participants

Pg&e Corporation's Pg&e Corp. Retirement Savings Plan for Union-Represented Employees reported $3.7B in total assets and 16,603 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 139,126 plans)
  • #712 in Utilities (738 peers)

Coverage in California

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees covers 16,603 participants in California, 26x the typical California plan (state average ~630 per filing). Assets: $3.7B.

$3.7B
total plan assets (2022 EOY)
16,603
covered participants
100th
percentile by assets (of 139,126 plans)
$224,409
avg assets per participant

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.

Where Pg&e Corp. Retirement Savings Plan for Union-Represented Employees sits by total assets

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$3,725,855,000 Top 1% higher than 100% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Pg&e Corp. Retirement Savings Plan for Union-Represented Employees reports 16,603 participants - 26x that state average ($3.7B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$4.4B
Net Assets (End of Year)$3.7B
Net Income-$556M
Employer EIN943234914
Plan Effective Date2000-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pg&e Corporation)

$7B$8B$9B$10B$11B 202220232024 $7.3B $9.83B ▲ +34.7%
Total plan assets by year, all Pg&e Corporation plans on file
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 Corp. Retirement Savings Plan for Union-Represented Employees vs. nearby 401(k) plans in California, assets vs. participants

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 01020304050 Total assets ($B) Participants Pg&e Corp. Retiremen…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Chevron Employee Sav…Intel 401(k) Savings…
Pg&e Corp. Retirement Savings Plan for Union-Represented Employees vs. nearby 401(k) plans in California, assets vs. participants

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

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees reports $3.7B in end-of-year assets across 16,603 participants (0.030% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.018% of 93,925,755 covered participants) - about $224,409 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2022 was -$556M.

This plan identity (EIN 943234914, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.7B to $5.0B (+33.3%) while covered participants moved from 16,603 to 17,143 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 16,603 $3.7B This page
2023 15,679 $4.4B Open filing
2024 · index core 17,143 $5.0B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Pg&e Corp. Retirement Savings Plan for Union-Represented Employees by total assets, not by location.

Frequently Asked Questions

How did Pg&e Corp. Retirement Savings Plan for Union-Represented Employees assets move in 2022?
Pg&e Corp. Retirement Savings Plan for Union-Represented Employees pulled back noticeably - down 14.5% during 2022, from $4.4B to $3.7B. Reported net income was -$556M.
How have Pg&e Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Pg&e Corporation's sponsor-wide assets grew 34.6%, from $7.3B to $9.8B.
Where does Pg&e Corp. Retirement Savings Plan for Union-Represented Employees rank by assets among Form 5500 filers?
Pg&e Corp. Retirement Savings Plan for Union-Represented Employees ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Pg&e Corp. Retirement Savings Plan for Union-Represented Employees?
Among 401(k) plans in other states, the closest by assets is Macys Inc 401(k) Retirement Investment Plan in OH ($3.7B, 117,463 participants).

Next read for Pg&e Corp. Retirement Savings Plan for U…

Filing takeaways

Ways to act on Pg&e Corp. Retirement Savings Plan for Union-Represented Employees's numbers.

  • By total assets, Pg&e Corp. Retirement Savings Plan for Union-Represented Employees 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