401(k) · DOL Form 5500 · 2023

Puget Sound Energy, Inc. 401(k) Plan

Data updated 2026-08-11

$1.2B
Total assets: 3,306
Participants: 99th
Percentile by assets: $364,800
Avg per participant

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.

99th percentile by assets (of 127,072 plans)
#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.

$1.2B
total plan assets (2023 EOY): 3,306
covered participants: 99th
percentile by assets (of 127,072 plans): $364,800
avg assets per participant

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 →

State

Washington

Industry

Utilities

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Investment Plan for Employees of Puget Sound Energy, Inc. reports 3,306 participants - 2.2x that state average ($1.2B EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)	$1.0B
Net Assets (End of Year)	$1.2B
Net Income	$178M
Employer EIN	910374630
Plan Effective Date	1970-08-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Puget Sound Energy, Inc.)

Total plan assets by year, all Puget Sound Energy, Inc. plans on file

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

The Boeing Company 401(k) Retirement Plan $72.2B · 128,910
Microsoft Corporation Savings Plus 401(k) Plan $53.2B · 123,296
Costco 401(k) Retirement Plan $33.4B · 192,744
T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust $8.3B · 71,538
401(k) Savings Plan $8.1B · 87,590

Compare Investment Plan for Employees of Puget S… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Investment Plan for Employees of Puget Sound Energy, Inc. by total assets, not by location.

Lexmark Savings Plan (KY) $1.2B · 1,968
Lockton, Inc. 401(k) Plan (MO) $1.2B · 6,328
Crowe LLP Retirement Plan (IN) $1.2B · 5,058
Technipfmc Retirement Savings Plan (TX) $1.2B · 3,562

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).

Next read for Investment Plan for Employees of Puget S…

Filing takeaways

Ways to act on Investment Plan for Employees of Puget Sound Energy, Inc.'s numbers.

By total assets, Investment Plan for Employees of Puget Sound Energy, Inc. ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Washington. Compare plans
Puget Sound Energy, Inc.'s sponsor-wide assets have grown 25.8% since 2022 across 3 plan years on file. More Utilities plans

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.