401(k) · DOL Form 5500 · 2023

Pg&e Corporation 401(k) Plan

Data updated 2026-08-25

$4.3B
Total assets Very large vs avg
9,525
Participants Very large workforce
100th
Percentile by assets National rank
$446,225
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Pg&e Corporation Retirement Savings Plan · Sponsored by Pg&e Corporation · California · Utilities

$4.3B in assets, 9,525 participants

Pg&e Corporation's Pg&e Corporation Retirement Savings Plan reported $4.3B in total assets and 9,525 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.

  • #695 in Utilities (721 peers)

Coverage in California

Pg&e Corporation Retirement Savings Plan covers 9,525 participants in California, 15x the typical California plan (state average ~630 per filing). Assets: $4.3B.

#695
in Utilities (721 peers)
+18.9%
assets growth YoY
43×
vs typical plan assets (national mean)

Pg&e Corporation Retirement Savings Plan's outsized position by total assets

Pg&e Corporation Retirement Savings Plan vs every filed plan by assets

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

$4,250,294,000 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 Corporation Retirement 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. Pg&e Corporation Retirement Savings Plan lands in the large band (9,525 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pg&e Corporation Retirement Savings Plan reported net income rose from -$787M in the plan year 2022 filing to $633M in the plan year 2023 filing.
  • Pg&e Corporation Retirement Savings Plan end-of-year assets rose from $3.6B in the plan year 2022 filing to $4.3B in the plan year 2023 filing.
  • Pg&e Corporation Retirement Savings Plan reported participants fell from 10,112 in the plan year 2022 filing to 9,525 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

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

Pg&e Corporation Retirement Savings Plan · $4.3B · 9,525 · 100th

  • BOY $4.3B
  • BOY 9,525
  • BOY 100th
  • BOY 401(k)
  • BOY near Halliburton Retirement and Savings Plan
  • BOY ind #695

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 Corporation Retirement Savings Plan in the asset neighbourhood

The Savings and Investment PlanThe Savings and Investment P…$4.3BMacys Inc 401(k) Retirement Investment PlanMacys Inc 401(k) Retirement …$4.3BPg&e Corporation Retirement Savings PlanPg&e Corporation Retirement …$4.3BHalliburton Retirement and Savings PlanHalliburton Retirement and S…$4.2BBaxter International Inc. and Subsidiaries U.S. Retirement Savings PlanBaxter International Inc. an…$4.3B
End-of-year total assets ($B) among Pg&e Corporation Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$3.6B
Net Assets (End of Year)$4.3B
Net Income$633M
Employer EIN943234914
Plan Effective Date1959-04-01
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 Corporation Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 0204060 Total assets ($B) Participants Pg&e Corporation Retirement Savings Plan, Total assets ($B): 4.250294 · Participants: 9525Pg&e Corporation Retirement Savings PlanWells 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 Corporation Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Pg&e Corporation Retirement Savings Plan

Pg&e Corporation Retirement Savings Plan reports $4.3B in end-of-year assets across 9,525 participants (0.034% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $446,225 per participant (3.2x the national average assets-per-participant) . Net income for plan year 2023 was $633M.

This plan identity (EIN 943234914, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.6B to $4.9B (+35.9%) while covered participants moved from 10,112 to 10,231 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,112 $3.6B Open filing
2023 9,525 $4.3B This page
2024 · index core 10,231 $4.9B Open filing

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

Pg&e Corporation Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Halliburton Retirement and Savings Plan in TX ($4.2B); by covered participants it is Pathway Vet Alliance LLC 401(k) Plan in TX (9,523 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (9,525 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 Corporation Retirement Savings Plan assets move in 2023?
Pg&e Corporation Retirement Savings Plan grew sharply - up 18.9% during 2023, from $3.6B to $4.3B. Reported net income was $633M.
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 Corporation Retirement Savings Plan rank by assets among Form 5500 filers?
Pg&e Corporation Retirement Savings Plan 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 Corporation Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Halliburton Retirement and Savings Plan in TX ($4.2B, 15,155 participants).
Which 401(k) plans cover a similar participant headcount to Pg&e Corporation Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Pathway Vet Alliance LLC 401(k) Plan in TX (9,523 participants, $165M in assets).