Defined Benefit (Pension) · DOL Form 5500 · 2023
Puget Sound Energy, Inc. Pension Plan
Data updated 2026-08-25
- $786M
- Total assets Above avg plan size
- 1,911
- Participants Near avg headcount
- 98th
- Percentile by assets National rank
- $411,062
- Avg per participant High balance/head
Official DOL plan name: Retirement Plan for Employees of Puget Sound Energy, Inc. · Sponsored by Puget Sound Energy, Inc. · Washington · Utilities
$786M in assets, 1,911 participants
Puget Sound Energy, Inc.'s Retirement Plan for Employees of Puget Sound Energy, Inc. reported $786M in total assets and 1,911 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- #622 in Utilities (721 peers)
Where Retirement Plan for Employees of Puget Sound Energy, Inc. sits by assets
Retirement Plan for Employees of Puget Sound Energy, Inc. sits in the top 5% of all filed plans by assets, $786M for 1,911 participants (~$411,062/participant), up 12.7% in 2023.
- #622
- in Utilities (721 peers)
- +12.7%
- assets growth YoY
- 7.9×
- vs typical plan assets (national mean)
Retirement Plan for Employees of Puget Sound Energy, Inc.'s outsized position by total assets
Retirement Plan for Employees of Puget Sound Energy, Inc. vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$785,539,065 Top 2% higher than 98% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Retirement Plan for Employees of Puget Sound Energy, Inc.'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. Retirement Plan for Employees of Puget Sound Energy, Inc. lands in the large band (1,911 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Retirement Plan for Employees of Puget Sound Energy, Inc. reported net income rose from -$241M in the plan year 2022 filing to $87M in the plan year 2023 filing.
- Retirement Plan for Employees of Puget Sound Energy, Inc. end-of-year assets rose from $697M in the plan year 2022 filing to $786M in the plan year 2023 filing.
- Retirement Plan for Employees of Puget Sound Energy, Inc. reported participants fell from 1,990 in the plan year 2022 filing to 1,911 in the plan year 2023 filing.
DOL schedule card
Filing strip 910374630 · Puget Sound Energy, Inc. PY 2023 · Defined Benefit (Pension)
Retirement Plan for Employees of Puget Sound Energy, Inc. · $786M · 1,911 · 98th
- BOY $786M
- SCH 1,911
- EBSA 98th
- PART Defined Benefit (Pension)
- TYPE near The Hershey Company Retirement Plan
- NET ind #622
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 Washington →
Retirement Plan for Employees of Puget Sound Energy, Inc. in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $697M |
|---|---|
| Net Assets (End of Year) | $751M |
| Net Income | $87M |
| Employer EIN | 910374630 |
| Plan Effective Date | 1958-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Puget Sound Energy, Inc.)
Sponsor-wide plan assets over time
All Puget Sound Energy, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.2B 25.75939147092969% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,223 | $1.7B |
| 2023 | 2 | 5,217 | $2.0B |
| 2024 | 2 | 5,261 | $2.2B |
Nearby Defined Benefit (Pension) Plans in Washington
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Western Conference of Teamsters Pension Plan $57.4B · 229,511
- The Pension Value Plan for Employees of the Boeing Company $25.0B · 31,566
- The Boeing Company Employee Retirement Plan $16.3B · 32,477
- Northwest Carpenters Retirement Plan $3.3B · 15,892
- Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan $3.1B · 8,339
Retirement Plan for Employees of Puget Sound Energy, Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Washington, the nearest Defined Benefit (Pension) by assets is The Hershey Company Retirement Plan in PA ($785M); by covered participants it is Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity in PA (1,911 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($786M here).
- The Hershey Company Retirement Plan (PA) $785M · 2,569
- Csaa Insurance Group Cash Balance Retirement Plan (CA) $785M · 2,152
- Schneider Electric Pension Plan (IL) $786M · 1,688
- Excellus Retirement Plan (NY) $787M · 2,138
Similar participant headcount
Nearest other-state filings by covered participants (1,911 participants); asset peers above are excluded.
- Pension Fund for Hospital and Health Care Employees, Philadelphia and Vicinity (PA) 1,911 · 0 off
- Contract Cleaners Service Employees' Pension Plan (MO) 1,912 · 1 off
- Citgo Petroleum Corporation Salaried Employees' Pension Plan (TX) 1,913 · 2 off
- Bridgestone Americas, Inc. Retirement Plan (TN) 1,909 · 2 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.