Defined Benefit (Pension) · DOL Form 5500 · 2022
San Diego Gas & Electric Company Pension Plan
Data updated 2026-08-11
- $775M
- Total assets
- 4,360
- Participants
- 99th
- Percentile by assets
- $177,736
- Avg per participant
Official DOL plan name: San Diego Gas & Electric Company Cash Balance Plan · Sponsored by San Diego Gas & Electric Company · California · Utilities
$775M in assets, 4,360 participants
San Diego Gas & Electric Company's San Diego Gas & Electric Company Cash Balance Plan reported $775M in total assets and 4,360 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,126 plans)
- #643 in Utilities (738 peers)
Coverage in California
San Diego Gas & Electric Company Cash Balance Plan covers 4,360 participants in California, 6.9x the typical California plan (state average ~630 per filing). Assets: $775M.
- $775M
- total plan assets (2022 EOY)
- 4,360
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $177,736
- avg assets per participant
The plan reported a net loss of $211M 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 630 participants across 15,291 plans. San Diego Gas & Electric Company Cash Balance Plan reports 4,360 participants - 6.9x that state average ($775M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $989M |
|---|---|
| Net Assets (End of Year) | $774M |
| Net Income | -$211M |
| Employer EIN | 951184800 |
| Plan Effective Date | 1941-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (San Diego Gas & Electric Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 9,214 | $2.4B |
| 2023 | 2 | 9,170 | $2.7B |
| 2024 | 2 | 9,465 | $3.0B |
Nearby Defined Benefit (Pension) Plans in California
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
San Diego Gas & Electric Company Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
- Kaiser Permanente Retirement Plan $31.9B · 126,331
- Pacific Gas and Electric Company Retirement Plan $17.1B · 25,709
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.4B · 19,326
- Disney Salaried Pension Plan D $9.2B · 11,405
- Wells Fargo & Company Cash Balance Plan $8.8B · 59,141
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to San Diego Gas & Electric Company Cash Balance Plan by total assets, not by location.
- Entergy Corporation Retirement Plan III (LA) $776M · 71
- Laborers Pension Trust Fund - Detroit and Vicinity (MI) $771M · 4,205
- Suburban Teamsters of Northern Illinois Pension Plan (IL) $771M · 3,129
- One Gas, Inc. Retirement Plan (OK) $769M · 840
Frequently Asked Questions
How did San Diego Gas & Electric Company Cash Balance Plan assets move in 2022? ▼
How have San Diego Gas & Electric Company plan assets changed over time? ▼
Where does San Diego Gas & Electric Company Cash Balance Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to San Diego Gas & Electric Company Cash Balance Plan? ▼
Next read for San Diego Gas & Electric Company Cash Ba…
Filing takeaways
Ways to act on San Diego Gas & Electric Company Cash Balance Plan's numbers.
- By total assets, San Diego Gas & Electric Company Cash Balance Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
- San Diego Gas & Electric Company's sponsor-wide assets have grown 21.6% since 2022 across 3 plan years on file. More Utilities plans