401(k) · DOL Form 5500 · 2023

Pinnacle West Capital Corporation 401(k) Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
5,820
Participants Above avg headcount
99th
Percentile by assets National rank
$252,151
Avg per participant Above avg balance/head
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Official DOL plan name: Pinnacle West Capital Corporation Savings Plan · Sponsored by Pinnacle West Capital Corporation · Arizona · Management of Enterprises

$1.5B in assets, 5,820 participants

Pinnacle West Capital Corporation's Pinnacle West Capital Corporation Savings Plan reported $1.5B in total assets and 5,820 participants in its 2023 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.

  • #1,096 in Management of Enterprises (1,137 peers)

Coverage in Arizona

Pinnacle West Capital Corporation Savings Plan covers 5,820 participants in Arizona, 10x the typical Arizona plan (state average ~564 per filing). Assets: $1.5B.

#1,096
in Management of Enterprises (1,137 peers)
+13.7%
assets growth YoY
15×
vs typical plan assets (national mean)

Pinnacle West Capital Corporation Savings Plan's outsized position by total assets

Pinnacle West Capital Corporation Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,467,517,436 Top 1% higher than 99% of 127,068 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 2023

Pinnacle West Capital Corporation Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pinnacle West Capital Corporation Savings Plan lands in the large band (5,820 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pinnacle West Capital Corporation Savings Plan reported net income rose from -$294M in the plan year 2022 filing to $175M in the plan year 2023 filing.
  • Pinnacle West Capital Corporation Savings Plan end-of-year assets rose from $1.3B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.
  • Pinnacle West Capital Corporation Savings Plan reported participants fell from 5,844 in the plan year 2022 filing to 5,820 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 860512431 · Pinnacle West Capital Corporation PY 2023 · 401(k)

Pinnacle West Capital Corporation Savings Plan · $1.5B · 5,820 · 99th

  • 5500 $1.5B
  • ASSETS 5,820
  • PCT 99th
  • EIN 401(k)
  • RANK near General Dynamics Corporation 401(k) Plan 3.0
  • PHOTO ind #1096

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 Management of Enterprises retirement plans → · Plans in Arizona →

Pinnacle West Capital Corporation Savings Plan in the asset neighbourhood

Pinnacle West Capital Corporation Savings PlanPinnacle West Capital Corpor…$1.5BGeneral Dynamics Corporation 401(k) Plan 3.0General Dynamics Corporation…$1.5BThrift & Investment Plan of Norfolk Southern Corporation and Participating Subsidiary CompaniesThrift & Investment Plan of …$1.5BAdt Security Corporation Retirement Savings and Investment PlanAdt Security Corporation Ret…$1.5BThe Nielsen Company 401(k) Savings PlanThe Nielsen Company 401(k) S…$1.5B
End-of-year total assets ($B) among Pinnacle West Capital Corporation Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Arizona filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.5B
Net Income$175M
Employer EIN860512431
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pinnacle West Capital Corporation)

Sponsor-wide plan assets over time

All Pinnacle West Capital Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$4.7B 4.557298513921737% vs 2022
2024 filing year
$4.4B$4.5B$4.6B$4.7B$4.8B 202220232024 $4.51B $4.72B ▲ +4.7%
Year Plans Participants Total Assets
2022 2 11,684 $4.5B
2023 2 11,644 $4.7B
2024 2 12,129 $4.7B

Nearby 401(k) Plans in Arizona

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Pinnacle West Capital Corporation Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. 0200004000060000 123456 Total assets ($B) Participants Pinnacle West Capital Corporation Savings Plan, Total assets ($B): 1.467517436 · Participants: 5820Pinnacle West Capital Corporation Savings PlanBechtel Trust & Thrift Plan, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employees 401(k) PlanRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, Inc. 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramStantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
Pinnacle West Capital Corporation Savings Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Pinnacle West Capital Corporation Savings Plan side-by-side with 3 peers →

Scale composition for Pinnacle West Capital Corporation Savings Plan

Pinnacle West Capital Corporation Savings Plan reports $1.5B in end-of-year assets across 5,820 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $252,151 per participant (1.8x the national average assets-per-participant) . Net income for plan year 2023 was $175M.

This plan identity (EIN 860512431, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.3B to $1.6B (+25.2%) while covered participants moved from 5,844 to 6,085 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,844 $1.3B Open filing
2023 5,820 $1.5B This page
2024 · index core 6,085 $1.6B Open filing

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

Pinnacle West Capital Corporation Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is General Dynamics Corporation 401(k) Plan 3.0 in VA ($1.5B); by covered participants it is Fidelity Advantage 401(k) in MA (5,821 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,820 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Pinnacle West Capital Corporation Savings Plan assets move in 2023? ▼
Pinnacle West Capital Corporation Savings Plan grew at a solid clip - up 13.7% during 2023, from $1.3B to $1.5B. Reported net income was $175M.
How have Pinnacle West Capital Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pinnacle West Capital Corporation's sponsor-wide assets grew 4.6%, from $4.5B to $4.7B.
Where does Pinnacle West Capital Corporation Savings Plan rank by assets among Form 5500 filers? ▼
Pinnacle West Capital Corporation Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Pinnacle West Capital Corporation Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is General Dynamics Corporation 401(k) Plan 3.0 in VA ($1.5B, 1,728 participants).
Which 401(k) plans cover a similar participant headcount to Pinnacle West Capital Corporation Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fidelity Advantage 401(k) in MA (5,821 participants, $85M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 860512431.

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.