401(k) · DOL Form 5500 · 2023

Puget Sound Energy, Inc. 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
3,306
Participants Above avg headcount
99th
Percentile by assets National rank
$364,800
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Investment Plan for Employees of Puget Sound Energy, Inc. · Sponsored by Puget Sound Energy, Inc. · Washington · Utilities

$1.2B in assets, 3,306 participants

Puget Sound Energy, Inc.'s Investment Plan for Employees of Puget Sound Energy, Inc. reported $1.2B in total assets and 3,306 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.

  • #654 in Utilities (721 peers)

Coverage in Washington

Investment Plan for Employees of Puget Sound Energy, Inc. covers 3,306 participants in Washington, 2.2x the typical Washington plan (state average ~1,476 per filing). Assets: $1.2B.

#654
in Utilities (721 peers)
+17.3%
assets growth YoY
12×
vs typical plan assets (national mean)

Investment Plan for Employees of Puget Sound Energy, Inc.'s outsized position by total assets

Investment 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

$1,206,027,160 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

Investment 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. Investment Plan for Employees of Puget Sound Energy, Inc. lands in the large band (3,306 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Investment Plan for Employees of Puget Sound Energy, Inc. reported net income rose from -$212M in the plan year 2022 filing to $178M in the plan year 2023 filing.
  • Investment Plan for Employees of Puget Sound Energy, Inc. end-of-year assets rose from $1.0B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
  • Investment Plan for Employees of Puget Sound Energy, Inc. reported participants rose from 3,233 in the plan year 2022 filing to 3,306 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 910374630 · Puget Sound Energy, Inc. PY 2023 · 401(k)

Investment Plan for Employees of Puget Sound Energy, Inc. · $1.2B · 3,306 · 99th

  • PART $1.2B
  • PART 3,306
  • PART 99th
  • PART 401(k)
  • PART near Lexmark Savings Plan
  • PART ind #654

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 →

Investment Plan for Employees of Puget Sound Energy, Inc. in the asset neighbourhood

Investment Plan for Employees of Puget Sound Energy, Inc.Investment Plan for Employee…$1.2BLexmark Savings Plan$1.2BTechnipfmc Retirement Savings PlanTechnipfmc Retirement Saving…$1.2BLockton, Inc. 401(k) Plan$1.2BCrowe LLP Retirement Plan$1.2B
End-of-year total assets ($B) among Investment Plan for Employees of Puget Sound Energy, Inc. and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.2B
Net Income$178M
Employer EIN910374630
Plan Effective Date1970-08-01
Filing StatusFILING 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
$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.73B $2.17B ▲ +25.4%
Year Plans Participants Total Assets
2022 2 5,223 $1.7B
2023 2 5,217 $2.0B
2024 2 5,261 $2.2B

Nearby 401(k) Plans in Washington

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

Investment Plan for Employees of Puget Sound Energy, Inc. vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Investment Plan for Employees of Puget Sound Energy, Inc., Total assets ($B): 1.20602716 · Participants: 3306Investment Plan for Employees of Puget Sound Energy, Inc.The Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Investment Plan for Employees of Puget Sound Energy, Inc. vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Investment Plan for Employees of Puget Sound Energy, Inc. side-by-side with 3 peers →

Investment Plan for Employees of Puget Sound Energy, Inc.'s out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Lexmark Savings Plan in KY ($1.2B); by covered participants it is Csx Corporation 401(k) Plan in FL (3,307 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,306 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 Investment Plan for Employees of Puget Sound Energy, Inc. assets move in 2023? ▼
Investment Plan for Employees of Puget Sound Energy, Inc. grew sharply - up 17.3% during 2023, from $1.0B to $1.2B. Reported net income was $178M.
How have Puget Sound Energy, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Puget Sound Energy, Inc.'s sponsor-wide assets grew 25.8%, from $1.7B to $2.2B.
Where does Investment Plan for Employees of Puget Sound Energy, Inc. rank by assets among Form 5500 filers? ▼
Investment Plan for Employees of Puget Sound Energy, Inc. 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 Investment Plan for Employees of Puget Sound Energy, Inc.? ▼
Among 401(k) plans in other states, the closest by assets is Lexmark Savings Plan in KY ($1.2B, 1,968 participants).
Which 401(k) plans cover a similar participant headcount to Investment Plan for Employees of Puget Sound Energy, Inc.? ▼
Among 401(k) plans in other states, the closest by covered participants is Csx Corporation 401(k) Plan in FL (3,307 participants, $1.5B 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 910374630.

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.