ESOP · DOL Form 5500 · 2022

Ppl Services Corporation ESOP

Data updated 2026-08-11

$126M
Total assets
1,535
Participants
94th
Percentile by assets
$81,794
Avg per participant
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Official DOL plan name: Ppl Employee Stock Ownership Plan · Sponsored by Ppl Services Corporation · Pennsylvania · Utilities

$126M in assets, 1,535 participants

Ppl Services Corporation's Ppl Employee Stock Ownership Plan reported $126M in total assets and 1,535 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #498 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Ppl Employee Stock Ownership Plan ranks #498 of 738 2022 filers by assets (428% of the sector average)-$126M for 1,535 participants.

$126M
total plan assets (2022 EOY)
1,535
covered participants
94th
percentile by assets (of 139,126 plans)
$81,794
avg assets per participant

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Rank #498 in Utilities

Among 738 Utilities plans that filed a Form 5500 for plan year 2022, Ppl Employee Stock Ownership Plan ranks #498 by end-of-year assets - about 428% of the sector average of $537M. Nationally it sits in the 94th percentile, a weaker position within its industry than across all filers.

Utilities filing particulars

Total Assets (Beginning of Year)$140M
Net Assets (End of Year)$125M
Net Income-$13M
Employer EIN233041441
Plan Effective Date1975-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ppl Services Corporation)

$3.2B$3.3B$3.4B$3.5B$3.6B 202220232024 $3.24B $3.55B ▲ +9.6%
Total plan assets by year, all Ppl Services Corporation plans on file
Year Plans Participants Total Assets
2022 7 6,621 $3.2B
2023 7 5,488 $3.5B
2024 7 6,800 $3.5B

Nearby ESOP Plans in Pennsylvania

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

Ppl Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Ppl Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -1012345 Total assets ($B) Participants Ppl Employee Stock O…Wawa, Inc. Employee …Bradford White Corpo…Sheetz, Inc. Employe…Centimark Corporatio…Newage Industries, I…
Ppl Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Ppl Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Ppl Employee Stock Ownership Plan assets move in 2022?
Ppl Employee Stock Ownership Plan pulled back noticeably - down 10.2% during 2022, from $140M to $126M. Reported net income was -$13M.
How have Ppl Services Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Ppl Services Corporation's sponsor-wide assets grew 9.7%, from $3.2B to $3.5B.
Where does Ppl Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Ppl Employee Stock Ownership Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Ppl Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Cmg, Inc. in WI ($126M, 68 participants).

Next read for Ppl Employee Stock Ownership Plan

Filing takeaways

Ways to act on Ppl Employee Stock Ownership Plan's numbers.

  • By total assets, Ppl Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Pennsylvania. Compare plans
  • Ppl Services Corporation's sponsor-wide assets have grown 9.7% since 2022 across 3 plan years on file. More Utilities plans