401(k) · DOL Form 5500 · 2023

San Diego Gas & Electric Company 401(k) Plan

Data updated 2026-08-11

$1.9B
Total assets
4,805
Participants
99th
Percentile by assets
$390,348
Avg per participant
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Official DOL plan name: San Diego Gas & Electric Company Savings Plan · Sponsored by San Diego Gas & Electric Company · California · Utilities

$1.9B in assets, 4,805 participants

San Diego Gas & Electric Company's San Diego Gas & Electric Company Savings Plan reported $1.9B in total assets and 4,805 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)
  • #672 in Utilities (721 peers)

Coverage in California

San Diego Gas & Electric Company Savings Plan covers 4,805 participants in California, 7.6x the typical California plan (state average ~630 per filing). Assets: $1.9B.

$1.9B
total plan assets (2023 EOY)
4,805
covered participants
99th
percentile by assets (of 127,072 plans)
$390,348
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • San Diego Gas & Electric Company Savings Plan reported net income rose from -$265M in the plan year 2022 filing to $206M in the plan year 2023 filing.
  • San Diego Gas & Electric Company Savings Plan end-of-year assets rose from $1.7B in the plan year 2022 filing to $1.9B in the plan year 2023 filing.
  • San Diego Gas & Electric Company Savings Plan reported participants fell from 4,854 in the plan year 2022 filing to 4,805 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. San Diego Gas & Electric Company Savings Plan reports 4,805 participants - 7.6x that state average ($1.9B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$1.7B
Net Assets (End of Year)$1.9B
Net Income$206M
Employer EIN951184800
Plan Effective Date1961-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (San Diego Gas & Electric Company)

$2.2B$2.4B$2.6B$2.8B$3B$3.2B 202220232024 $2.44B $2.97B ▲ +21.7%
Total plan assets by year, all San Diego Gas & Electric Company plans on file
Year Plans Participants Total Assets
2022 2 9,214 $2.4B
2023 2 9,170 $2.7B
2024 2 9,465 $3.0B

Nearby 401(k) Plans in California

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

San Diego Gas & Electric Company Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

San Diego Gas & Electric Company Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants San Diego Gas & Elec…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
San Diego Gas & Electric Company Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to San Diego Gas & Electric Company Savings Plan by total assets, not by location.

Frequently Asked Questions

How did San Diego Gas & Electric Company Savings Plan assets move in 2023?
San Diego Gas & Electric Company Savings Plan grew at a solid clip - up 12.4% during 2023, from $1.7B to $1.9B. Reported net income was $206M.
How have San Diego Gas & Electric Company plan assets changed over time?
Across 3 plan years on file (2022-2024), San Diego Gas & Electric Company's sponsor-wide assets grew 21.6%, from $2.4B to $3.0B.
Where does San Diego Gas & Electric Company Savings Plan rank by assets among Form 5500 filers?
San Diego Gas & Electric Company Savings Plan 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 San Diego Gas & Electric Company Savings Plan?
Among 401(k) plans in other states, the closest by assets is Bnp Paribas 401(k) Savings Plan in NY ($1.9B, 3,505 participants).

Next read for San Diego Gas & Electric Company Savings…

Filing takeaways

Ways to act on San Diego Gas & Electric Company Savings Plan's numbers.

  • By total assets, San Diego Gas & Electric Company Savings Plan 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 California. Compare plans
  • San Diego Gas & Electric Company's sponsor-wide assets have grown 21.6% since 2022 across 3 plan years on file. More Utilities plans