Defined Benefit (Pension) · DOL Form 5500 · 2022
Pacific Gas and Electric Company Pension Plan
Data updated 2026-08-25
- $17.1B
- Total assets Mega-plan scale
- 25,709
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $663,561
- Avg per participant High balance/head
Official DOL plan name: Pacific Gas and Electric Company Retirement Plan · Sponsored by Pacific Gas and Electric Company · California · Utilities
$17.1B in assets, 25,709 participants
Pacific Gas and Electric Company's Pacific Gas and Electric Company Retirement Plan reported $17.1B in total assets and 25,709 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.
- #738 in Utilities (738 peers)
Coverage in California
Pacific Gas and Electric Company Retirement Plan covers 25,709 participants in California, 41x the typical California plan (state average ~630 per filing). Assets: $17.1B.
- #738
- in Utilities (738 peers)
- -24.5%
- assets change YoY
- 171×
- vs typical plan assets (national mean)
The plan reported a net loss of $5.6B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Pacific Gas and Electric Company Retirement Plan's outsized position by total assets
Pacific Gas and Electric Company Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$17,059,499,170 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Pacific Gas and Electric Company Retirement Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pacific Gas and Electric Company Retirement Plan is a mega filing (25,709 participants), the rightmost band on the breakdown.
Plan-year Form 5500 strip
Filing strip 940742640 · Pacific Gas and Electric Company PY 2022 · Defined Benefit (Pension)
Pacific Gas and Electric Company Retirement Plan · $17.1B · 25,709 · 100th
- BOOK $17.1B
- VS-ST 25,709
- BOY 100th
- SCH Defined Benefit (Pension)
- EBSA near The Boeing Company Employee Retirement Plan
- PART ind #738
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 →
Pacific Gas and Electric Company Retirement Plan in the asset neighbourhood
California filing particulars
| Total Assets (Beginning of Year) | $22.6B |
|---|---|
| Net Assets (End of Year) | $17.0B |
| Net Income | -$5.6B |
| Employer EIN | 940742640 |
| Plan Effective Date | 1937-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Pacific Gas and Electric Company)
Sponsor-wide plan assets over time
All Pacific Gas and Electric Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $17.6B 3.2103349842948528% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 25,709 | $17.1B |
| 2023 | 2 | 48,561 | $39.4B |
| 2024 | 1 | 27,500 | $17.6B |
Nearby Defined Benefit (Pension) Plans in California
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Kaiser Permanente Retirement Plan $31.9B · 126,331
- 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
- Ilwu-Pma Pension Plan $8.7B · 16,522
Scale composition for Pacific Gas and Electric Company Retirement Plan
Pacific Gas and Electric Company Retirement Plan reports $17.1B in end-of-year assets across 25,709 participants (0.14% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.027% of 93,925,755 covered participants) - about $663,561 per participant (4.8x the national average assets-per-participant) . Net income for plan year 2022 was -$5.6B.
This plan identity (EIN 940742640, plan #001) has 4 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $17.1B to $17.6B (+3.2%) while covered participants moved from 25,709 to 27,500 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 25,709 | $17.1B | This page |
| 2023 | 22,914 | $21.4B | Open filing |
| 2023 | 25,647 | $18.0B | Open filing |
| 2024 · index core | 27,500 | $17.6B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Pacific Gas and Electric Company Retirement Plan (Defined Benefit (Pension), $17.6B, 27,500 participants)
Pacific Gas and Electric Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside California, the nearest Defined Benefit (Pension) by assets is The Boeing Company Employee Retirement Plan in WA ($17.1B); by covered participants it is Desert States Employers & Ufcw Unions Pension Plan in AZ (25,673 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($17.1B here).
- The Boeing Company Employee Retirement Plan (WA) $17.1B · 34,972
- Honeywell Retirement Earnings Plan (NC) $17.0B · 12,452
- Consolidated Edison Retirement Plan (NY) $15.8B · 11,303
- Northrop Grumman Pension Plan (VA) $18.3B · 14,867
Similar participant headcount
Nearest other-state filings by covered participants (25,709 participants); asset peers above are excluded.
- Desert States Employers & Ufcw Unions Pension Plan (AZ) 25,673 · 36 off
- Verizon Pension Plan for Associates (NJ) 25,746 · 37 off
- Equity-League Pension Trust Fund (NY) 25,404 · 305 off
- Cox Enterprises, Inc. Pension Plan (GA) 26,075 · 366 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.