Defined Benefit (Pension) · DOL Form 5500 · 2023

SEMPRA Pension Plan

Data updated 2026-08-11

$227M
Total assets
717
Participants
95th
Percentile by assets
$317,140
Avg per participant
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Official DOL plan name: Sempra Cash Balance Plan · Sponsored by SEMPRA · California · Management of Enterprises

$227M in assets, 717 participants

SEMPRA's Sempra Cash Balance Plan reported $227M in total assets and 717 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #955 in Management of Enterprises (1,137 peers)

Where Sempra Cash Balance Plan sits by assets

Sempra Cash Balance Plan sits in the top 5% of all filed plans by assets, $227M for 717 participants (~$317,140/participant), up 8.3% in 2023.

$227M
total plan assets (2023 EOY)
717
covered participants
95th
percentile by assets (of 127,072 plans)
$317,140
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sempra Cash Balance Plan reported net income rose from -$44M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Sempra Cash Balance Plan end-of-year assets rose from $210M in the plan year 2022 filing to $227M in the plan year 2023 filing.
  • Sempra Cash Balance Plan reported participants rose from 680 in the plan year 2022 filing to 717 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Sempra Cash Balance Plan vs the 2023 asset distribution

By assets, Sempra Cash Balance Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$210M
Net Assets (End of Year)$227M
Net Income$15M
Employer EIN330732627
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SEMPRA)

$550M$600M$650M$700M$750M$800M 202220232024 $588M $738M ▲ +25.7%
Total plan assets by year, all SEMPRA plans on file
Year Plans Participants Total Assets
2022 2 1,444 $588M
2023 2 1,580 $670M
2024 2 1,762 $738M

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sempra Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Sempra Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Sempra Cash Balance …Kaiser Permanente Re…Pacific Gas and Elec…Pacific Gas and Elec…Retirement Plan for …Disney Salaried Pens…
Sempra Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sempra Cash Balance Plan by total assets, not by location.

Frequently Asked Questions

How did Sempra Cash Balance Plan assets move in 2023?
Sempra Cash Balance Plan grew at a solid clip - up 8.3% during 2023, from $210M to $227M. Reported net income was $15M.
How have SEMPRA plan assets changed over time?
Across 3 plan years on file (2022-2024), SEMPRA's sponsor-wide assets grew 25.7%, from $588M to $738M.
Where does Sempra Cash Balance Plan rank by assets among Form 5500 filers?
Sempra Cash Balance Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sempra Cash Balance Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Johnson Matthey Inc. Amended and Restated Salaried Employees Pension Plan in PA ($227M, 482 participants).

Scale reading

Ways to act on Sempra Cash Balance Plan's numbers.