Defined Benefit (Pension) · DOL Form 5500 · 2022

San Diego Gas & Electric Company Pension Plan

Data updated 2026-08-25

$775M
Total assets Above avg plan size
4,360
Participants Above avg headcount
99th
Percentile by assets National rank
$177,736
Avg per participant Above avg balance/head
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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.

  • #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.

#643
in Utilities (738 peers)
-21.6%
assets change YoY
7.8×
vs typical plan assets (national mean)

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.

San Diego Gas & Electric Company Cash Balance Plan's outsized position by total assets

San Diego Gas & Electric Company Cash Balance Plan vs every filed plan by assets

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

$774,928,335 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 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

San Diego Gas & Electric Company Cash Balance Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. San Diego Gas & Electric Company Cash Balance Plan lands in the large band (4,360 participants).

DOL schedule card

Filing strip 951184800 · San Diego Gas & Electric Company PY 2022 · Defined Benefit (Pension)

San Diego Gas & Electric Company Cash Balance Plan · $775M · 4,360 · 99th

  • TYPE $775M
  • TYPE 4,360
  • TYPE 99th
  • TYPE Defined Benefit (Pension)
  • TYPE near Entergy Corporation Retirement Plan III
  • TYPE ind #643

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in California →

San Diego Gas & Electric Company Cash Balance Plan in the asset neighbourhood

Entergy Corporation Retirement Plan IIIEntergy Corporation Retireme…$776MSan Diego Gas & Electric Company Cash Balance PlanSan Diego Gas & Electric Com…$775MLaborers Pension Trust Fund - Detroit and VicinityLaborers Pension Trust Fund …$771MSuburban Teamsters of Northern Illinois Pension PlanSuburban Teamsters of Northe…$771MOne Gas, Inc. Retirement Plan$769M
End-of-year total assets ($M) among San Diego Gas & Electric Company Cash Balance Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$989M
Net Assets (End of Year)$774M
Net Income-$211M
Employer EIN951184800
Plan Effective Date1941-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (San Diego Gas & Electric Company)

Sponsor-wide plan assets over time

All San Diego Gas & Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$3.0B 21.639268163256155% vs 2022
2024 filing year
$2.2B$2.4B$2.6B$2.8B$3B$3.2B 202220232024 $2.44B $2.97B ▲ +21.7%
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 Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants San Diego Gas & Electric Company Cash Balance Plan, Total assets ($B): 0.774928335 · Participants: 4360San Diego Gas & Electric Company Cash Balance PlanKaiser Permanente Retirement Plan, Total assets ($B): 31.853758931 · Participants: 126331Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.05949917 · Participants: 25709Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.381485239 · Participants: 19326Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 9.228005463 · Participants: 11405Disney Salaried Pension Plan DWells Fargo & Company Cash Balance Plan, Total assets ($B): 8.784432859 · Participants: 59141Wells Fargo & Company Cash Balance Plan
San Diego Gas & Electric Company Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
Compare San Diego Gas & Electric Company Cash Balance Plan side-by-side with 3 peers →

San Diego Gas & Electric Company Cash Balance Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Entergy Corporation Retirement Plan III in LA ($776M); by covered participants it is United Food and Commercial Workers Local 1546 Pension Plan in IL (4,348 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($775M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,360 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did San Diego Gas & Electric Company Cash Balance Plan assets move in 2022? ▼
San Diego Gas & Electric Company Cash Balance Plan declined sharply - down 21.6% during 2022, from $989M to $775M. Reported net income was -$211M.
How have San Diego Gas & Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), San Diego Gas & Electric Company's sponsor-wide assets grew 21.6%, from $2.4B to $3.0B.
Where does San Diego Gas & Electric Company Cash Balance Plan rank by assets among Form 5500 filers? ▼
San Diego Gas & Electric Company Cash Balance Plan ranks in the 99th 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 Defined Benefit (Pension) plans are similar in size to San Diego Gas & Electric Company Cash Balance Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Entergy Corporation Retirement Plan III in LA ($776M, 71 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to San Diego Gas & Electric Company Cash Balance Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is United Food and Commercial Workers Local 1546 Pension Plan in IL (4,348 participants, $190M in assets).

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 951184800.

Read our methodology - how this data is sourced, computed, and verified.

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