Defined Benefit (Pension) · DOL Form 5500 · 2023
San Diego Gas & Electric Company Pension Plan
Data updated 2026-08-11
- $831M
- Total assets
- 4,365
- Participants
- 98th
- Percentile by assets
- $190,388
- Avg per participant
Official DOL plan name: San Diego Gas & Electric Company Cash Balance Plan · Sponsored by San Diego Gas & Electric Company · California · Utilities
$831M in assets, 4,365 participants
San Diego Gas & Electric Company's San Diego Gas & Electric Company Cash Balance Plan reported $831M in total assets and 4,365 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #631 in Utilities (721 peers)
Coverage in California
San Diego Gas & Electric Company Cash Balance Plan covers 4,365 participants in California, 6.9x the typical California plan (state average ~630 per filing). Assets: $831M.
- $831M
- total plan assets (2023 EOY)
- 4,365
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $190,388
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- San Diego Gas & Electric Company Cash Balance Plan reported net income rose from -$211M in the plan year 2022 filing to $58M in the plan year 2023 filing.
- San Diego Gas & Electric Company Cash Balance Plan end-of-year assets rose from $775M in the plan year 2022 filing to $831M in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. San Diego Gas & Electric Company Cash Balance Plan reports 4,365 participants - 6.9x that state average ($831M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $775M |
|---|---|
| Net Assets (End of Year) | $831M |
| Net Income | $58M |
| Employer EIN | 951184800 |
| Plan Effective Date | 1941-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (San Diego Gas & Electric Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 9,214 | $2.4B |
| 2023 | 2 | 9,170 | $2.7B |
| 2024 | 2 | 9,465 | $3.0B |
Nearby Defined Benefit (Pension) Plans in California
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
San Diego Gas & Electric Company Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
- Kaiser Permanente Retirement Plan $33.5B · 127,356
- Pacific Gas and Electric Company Retirement Plan $21.4B · 22,914
- Pacific Gas and Electric Company Retirement Plan $18.0B · 25,647
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.8B · 19,545
- Disney Salaried Pension Plan D $10.1B · 10,813
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to San Diego Gas & Electric Company Cash Balance Plan by total assets, not by location.
- Andersen Corporation Employees' Pension and Retirement Plan (MN) $833M · 1,724
- Laborers Pension Trust Fund - Detroit and Vicinity (MI) $828M · 3,153
- Modern Woodmen of America Employees' Retirement Plan (IL) $828M · 1,003
- Keycorp Consolidated Cash Balance Plan (OH) $836M · 3,337
Frequently Asked Questions
How did San Diego Gas & Electric Company Cash Balance Plan assets move in 2023? ▼
How have San Diego Gas & Electric Company plan assets changed over time? ▼
Where does San Diego Gas & Electric Company Cash Balance Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to San Diego Gas & Electric Company Cash Balance Plan? ▼
Next read for San Diego Gas & Electric Company Cash Ba…
Filing takeaways
Ways to act on San Diego Gas & Electric Company Cash Balance Plan's numbers.
- By total assets, San Diego Gas & Electric Company Cash Balance Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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