401(k) · DOL Form 5500 · 2023

Pg&e Corporation 401(k) Plan

Data updated 2026-08-25

$4.4B
Total assets Very large vs avg
15,679
Participants Very large workforce
100th
Percentile by assets National rank
$280,517
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Pg&e Corp. Retirement Savings Plan for Union-Represented Employees · Sponsored by Pg&e Corporation · California · Utilities

$4.4B in assets, 15,679 participants

Pg&e Corporation's Pg&e Corp. Retirement Savings Plan for Union-Represented Employees reported $4.4B in total assets and 15,679 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • #697 in Utilities (721 peers)

Coverage in California

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees covers 15,679 participants in California, 25x the typical California plan (state average ~630 per filing). Assets: $4.4B.

#697
in Utilities (721 peers)
+18.0%
assets growth YoY
44×
vs typical plan assets (national mean)

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees's outsized position by total assets

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees vs every filed plan by assets

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

$4,398,233,000 Highest reported value at or above every one 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

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pg&e Corp. Retirement Savings Plan for Union-Represented Employees is a mega filing (15,679 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pg&e Corp. Retirement Savings Plan for Union-Represented Employees reported net income rose from -$556M in the plan year 2022 filing to $715M in the plan year 2023 filing.
  • Pg&e Corp. Retirement Savings Plan for Union-Represented Employees end-of-year assets rose from $3.7B in the plan year 2022 filing to $4.4B in the plan year 2023 filing.
  • Pg&e Corp. Retirement Savings Plan for Union-Represented Employees reported participants fell from 16,603 in the plan year 2022 filing to 15,679 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 943234914 · Pg&e Corporation PY 2023 · 401(k)

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees · $4.4B · 15,679 · 100th

  • SCH $4.4B
  • EBSA 15,679
  • PART 100th
  • TYPE 401(k)
  • NET near Georgia-Pacific LLC 401(k) Retirement Savings Plan
  • BOOK ind #697

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 California →

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees in the asset neighbourhood

Pg&e Corp. Retirement Savings Plan for Union-Represented EmployeesPg&e Corp. Retirement Saving…$4.4BGeorgia-Pacific LLC 401(k) Retirement Savings PlanGeorgia-Pacific LLC 401(k) R…$4.4BAmerican International Group, Inc. Incentive Savings PlanAmerican International Group…$4.4BChubb US 401(k) Plan$4.4BT. Rowe Price U.S. Retirement ProgramT. Rowe Price U.S. Retiremen…$4.4B
End-of-year total assets ($B) among Pg&e Corp. Retirement Savings Plan for Union-Represented Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$3.7B
Net Assets (End of Year)$4.4B
Net Income$715M
Employer EIN943234914
Plan Effective Date2000-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pg&e Corporation)

Sponsor-wide plan assets over time

All Pg&e Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$9.8B 34.57611773069269% vs 2022
2024 filing year
$7B$8B$9B$10B$11B 202220232024 $7.3B $9.83B ▲ +34.7%
Year Plans Participants Total Assets
2022 2 26,715 $7.3B
2023 2 25,204 $8.6B
2024 2 27,374 $9.8B

Nearby 401(k) Plans in California

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

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 0204060 Total assets ($B) Participants Pg&e Corp. Retirement Savings Plan for Union-Represented Employees, Total assets ($B): 4.398233 · Participants: 15679Pg&e Corp. Retirement Savings Plan for Union-Represented EmployeesWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Pg&e Corp. Retirement Savings Plan for Union-Represented Employees vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Pg&e Corp. Retirement Savings Plan for Union-Represented Employees

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees reports $4.4B in end-of-year assets across 15,679 participants (0.036% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $280,517 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2023 was $715M.

This plan identity (EIN 943234914, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.7B to $5.0B (+33.3%) while covered participants moved from 16,603 to 17,143 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 16,603 $3.7B Open filing
2023 15,679 $4.4B This page
2024 · index core 17,143 $5.0B Open filing

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

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Georgia-Pacific LLC 401(k) Retirement Savings Plan in GA ($4.4B); by covered participants it is Concentrix Retirement and Savings Plan in OH (15,691 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (15,679 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 Pg&e Corp. Retirement Savings Plan for Union-Represented Employees assets move in 2023?
Pg&e Corp. Retirement Savings Plan for Union-Represented Employees grew sharply - up 18.0% during 2023, from $3.7B to $4.4B. Reported net income was $715M.
How have Pg&e Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Pg&e Corporation's sponsor-wide assets grew 34.6%, from $7.3B to $9.8B.
Where does Pg&e Corp. Retirement Savings Plan for Union-Represented Employees rank by assets among Form 5500 filers?
Pg&e Corp. Retirement Savings Plan for Union-Represented Employees ranks in the 100th 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 Pg&e Corp. Retirement Savings Plan for Union-Represented Employees?
Among 401(k) plans in other states, the closest by assets is Georgia-Pacific LLC 401(k) Retirement Savings Plan in GA ($4.4B, 15,180 participants).
Which 401(k) plans cover a similar participant headcount to Pg&e Corp. Retirement Savings Plan for Union-Represented Employees?
Among 401(k) plans in other states, the closest by covered participants is Concentrix Retirement and Savings Plan in OH (15,691 participants, $798M in assets).