Defined Benefit (Pension) · DOL Form 5500 · 2022

San Jose Water Company Pension Plan

Data updated 2026-08-11

$177M
Total assets
357
Participants
95th
Percentile by assets
$495,603
Avg per participant
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Official DOL plan name: Retirement Plan of San Jose Water Company · Sponsored by San Jose Water Company · California · Utilities

$177M in assets, 357 participants

San Jose Water Company's Retirement Plan of San Jose Water Company reported $177M in total assets and 357 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #535 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Retirement Plan of San Jose Water Company ranks #535 of 738 2022 filers by assets (303% of the sector average)-$177M for 357 participants.

$177M
total plan assets (2022 EOY)
357
covered participants
95th
percentile by assets (of 139,126 plans)
$495,603
avg assets per participant

The plan reported a net loss of $35M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Rank #535 in Utilities

Among 738 Utilities plans that filed a Form 5500 for plan year 2022, Retirement Plan of San Jose Water Company ranks #535 by end-of-year assets - about 303% of the sector average of $537M. Nationally it sits in the 95th percentile, a weaker position within its industry than across all filers.

Utilities filing particulars

Total Assets (Beginning of Year)$212M
Net Assets (End of Year)$177M
Net Income-$35M
Employer EIN940838465
Plan Effective Date1950-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (San Jose Water Company)

$250M$300M$350M$400M 202220232024 $287M $361M ▲ +25.6%
Total plan assets by year, all San Jose Water Company plans on file
Year Plans Participants Total Assets
2022 2 756 $287M
2023 2 884 $329M
2024 2 920 $361M

Nearby Defined Benefit (Pension) Plans in California

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

Retirement Plan of San Jose Water Company vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Retirement Plan of San Jose Water Company vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Retirement Plan of S…Kaiser Permanente Re…Pacific Gas and Elec…Retirement Plan for …Disney Salaried Pens…Wells Fargo & Compan…
Retirement Plan of San Jose Water Company vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Retirement Plan of San Jose Water Company by total assets, not by location.

Frequently Asked Questions

How did Retirement Plan of San Jose Water Company assets move in 2022?
Retirement Plan of San Jose Water Company declined sharply - down 16.4% during 2022, from $212M to $177M. Reported net income was -$35M.
How have San Jose Water Company plan assets changed over time?
Across 3 plan years on file (2022-2024), San Jose Water Company's sponsor-wide assets grew 25.6%, from $287M to $361M.
Where does Retirement Plan of San Jose Water Company rank by assets among Form 5500 filers?
Retirement Plan of San Jose Water Company ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan of San Jose Water Company?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of Woods Hole Oceanographic Institution in MA ($177M, 329 participants).

Next read for Retirement Plan of San Jose Water Compan…

Filing takeaways

Ways to act on Retirement Plan of San Jose Water Company's numbers.

  • By total assets, Retirement Plan of San Jose Water Company ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
  • San Jose Water Company's sponsor-wide assets have grown 25.6% since 2022 across 3 plan years on file. More Utilities plans