401(k) · DOL Form 5500 · 2023

Borrego Energy, LLC 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
274
Participants Below avg headcount
75th
Percentile by assets National rank
$85,106
Avg per participant Below avg balance/head
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Official DOL plan name: Borrego Energy Retirement Savings Plan · Sponsored by Borrego Energy, LLC · California · Utilities

$23M in assets, 274 participants

Borrego Energy, LLC's Borrego Energy Retirement Savings Plan reported $23M in total assets and 274 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #272 in Utilities (721 peers)

Coverage in California

Borrego Energy Retirement Savings Plan covers 274 participants in California, about 43% of the average California filer (state average ~630 per filing). Assets: $23M.

#272
in Utilities (721 peers)
-15.2%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Borrego Energy Retirement Savings Plan's outsized position by total assets

Borrego Energy Retirement Savings Plan vs every filed plan by assets

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

$23,319,015 Top 25% higher than 75% 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

Borrego Energy Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Borrego Energy Retirement Savings Plan sits mid-pack in the medium band (274 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Borrego Energy Retirement Savings Plan reported net income rose from -$12M in the plan year 2022 filing to -$4M in the plan year 2023 filing.
  • Borrego Energy Retirement Savings Plan reported participants fell from 491 in the plan year 2022 filing to 274 in the plan year 2023 filing.
  • Borrego Energy Retirement Savings Plan end-of-year assets fell from $28M in the plan year 2022 filing to $23M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 810547865 · Borrego Energy, LLC PY 2023 · 401(k)

Borrego Energy Retirement Savings Plan · $23M · 274 · 75th

  • EBSA $23M
  • EBSA 274
  • EBSA 75th
  • EBSA 401(k)
  • EBSA near The Fechheimer Brothers Company Profit Sharing Plan
  • EBSA ind #272

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 →

Borrego Energy Retirement Savings Plan in the asset neighbourhood

Borrego Energy Retirement Savings PlanBorrego Energy Retirement Sa…$23MThe Fechheimer Brothers Company Profit Sharing PlanThe Fechheimer Brothers Comp…$23MSennheiser Electronic Corporation 401(k) PlanSennheiser Electronic Corpor…$23MLifepath, Inc. 401(k) Retirement PlanLifepath, Inc. 401(k) Retire…$23MAxa Assistance USA, Inc. 401(k) PlanAxa Assistance USA, Inc. 401…$23M
End-of-year total assets ($M) among Borrego Energy Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$23M
Net Income-$4M
Employer EIN810547865
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Borrego Energy, LLC)

Sponsor-wide plan assets over time

All Borrego Energy, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$23M 15.229546237528774% vs 2022
2023 filing year
$22M$24M$26M$28M 20222023 $27.5M $23.3M ▼ -15.2%
Year Plans Participants Total Assets
2022 1 491 $28M
2023 1 274 $23M

Nearby 401(k) Plans in California

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

Borrego Energy Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Borrego Energy Retirement Savings Plan, Total assets ($B): 0.023319015 · Participants: 274Borrego Energy 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
Borrego Energy Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Borrego Energy Retirement Savings Plan side-by-side with 3 peers →

Borrego Energy Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is The Fechheimer Brothers Company Profit Sharing Plan in OH ($23M); by covered participants it is Portfolio Retirement Plan in AZ (274 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (274 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 Borrego Energy Retirement Savings Plan assets move in 2023? ▼
Borrego Energy Retirement Savings Plan declined sharply - down 15.2% during 2023, from $28M to $23M. Reported net income was -$4M.
How have Borrego Energy, LLC plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Borrego Energy, LLC's sponsor-wide assets declined 15.2%, from $28M to $23M.
Where does Borrego Energy Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Borrego Energy Retirement Savings Plan ranks in the 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Borrego Energy Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Fechheimer Brothers Company Profit Sharing Plan in OH ($23M, 229 participants).
Which 401(k) plans cover a similar participant headcount to Borrego Energy Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Portfolio Retirement Plan in AZ (274 participants, $5M 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 810547865.

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.