Defined Benefit (Pension) · DOL Form 5500 · 2022

Southern California Gas Company Pension Plan

Data updated 2026-08-11

$2.0B
Total assets
7,743
Participants
99th
Percentile by assets
$260,752
Avg per participant
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Official DOL plan name: Southern California Gas Company Pension Plan · Sponsored by Southern California Gas Company · California · Utilities

$2.0B in assets, 7,743 participants

Southern California Gas Company's Southern California Gas Company Pension Plan reported $2.0B in total assets and 7,743 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)
  • #694 in Utilities (738 peers)

Coverage in California

Southern California Gas Company Pension Plan covers 7,743 participants in California, 12x the typical California plan (state average ~630 per filing). Assets: $2.0B.

$2.0B
total plan assets (2022 EOY)
7,743
covered participants
99th
percentile by assets (of 139,126 plans)
$260,752
avg assets per participant

The plan reported a net loss of $611M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Southern California Gas Company Pension Plan reports 7,743 participants - 12x that state average ($2.0B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$2.6B
Net Assets (End of Year)$2.0B
Net Income-$611M
Employer EIN951240705
Plan Effective Date1932-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern California Gas Company)

$4B$4.5B$5B$5.5B$6B 202220232024 $4.42B $5.44B ▲ +23.1%
Total plan assets by year, all Southern California Gas Company plans on file
Year Plans Participants Total Assets
2022 2 16,326 $4.4B
2023 2 16,852 $5.0B
2024 2 17,516 $5.4B

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Southern California Gas Company Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Southern California Gas Company Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Southern California …Kaiser Permanente Re…Pacific Gas and Elec…Retirement Plan for …Disney Salaried Pens…Wells Fargo & Compan…
Southern California Gas Company Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Scale composition for Southern California Gas Company Pension Plan

Southern California Gas Company Pension Plan reports $2.0B in end-of-year assets across 7,743 participants (0.016% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $260,752 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2022 was -$611M.

This plan identity (EIN 951240705, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.0B to $2.4B (+16.8%) while covered participants moved from 7,743 to 8,518 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,743 $2.0B This page
2023 8,002 $2.3B Open filing
2024 · index core 8,518 $2.4B Open filing

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

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Southern California Gas Company Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Southern California Gas Company Pension Plan assets move in 2022?
Southern California Gas Company Pension Plan declined sharply - down 23.2% during 2022, from $2.6B to $2.0B. Reported net income was -$611M.
How have Southern California Gas Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern California Gas Company's sponsor-wide assets grew 23.0%, from $4.4B to $5.4B.
Where does Southern California Gas Company Pension Plan rank by assets among Form 5500 filers?
Southern California Gas Company Pension 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 Southern California Gas Company Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Celanese Americas Retirement Pension Plan in TX ($2.0B, 1,310 participants).

Next read for Southern California Gas Company Pension …

Filing takeaways

Ways to act on Southern California Gas Company Pension Plan's numbers.

  • By total assets, Southern California Gas Company Pension 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
  • Southern California Gas Company's sponsor-wide assets have grown 23.0% since 2022 across 3 plan years on file. More Utilities plans