Defined Benefit (Pension) · DOL Form 5500 · 2023

Southern California Gas Company Pension Plan

Data updated 2026-08-11

$2.3B
Total assets
8,002
Participants
99th
Percentile by assets
$286,661
Avg per participant
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Official DOL plan name: Southern California Gas Company Pension Plan · Sponsored by Southern California Gas Company · California · Utilities

$2.3B in assets, 8,002 participants

Southern California Gas Company's Southern California Gas Company Pension Plan reported $2.3B in total assets and 8,002 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)
  • #679 in Utilities (721 peers)

Coverage in California

Southern California Gas Company Pension Plan covers 8,002 participants in California, 13x the typical California plan (state average ~630 per filing). Assets: $2.3B.

$2.3B
total plan assets (2023 EOY)
8,002
covered participants
99th
percentile by assets (of 127,072 plans)
$286,661
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southern California Gas Company Pension Plan reported net income rose from -$611M in the plan year 2022 filing to $276M in the plan year 2023 filing.
  • Southern California Gas Company Pension Plan end-of-year assets rose from $2.0B in the plan year 2022 filing to $2.3B in the plan year 2023 filing.
  • Southern California Gas Company Pension Plan reported participants rose from 7,743 in the plan year 2022 filing to 8,002 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Southern California Gas Company Pension Plan reports 8,002 participants - 13x that state average ($2.3B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$2.0B
Net Assets (End of Year)$2.3B
Net Income$276M
Employer EIN951240705
Plan Effective Date1932-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern California Gas Company)

$4B$4.5B$5B$5.5B$6B 202220232024 $4.42B $5.44B ▲ +23.1%
Total plan assets by year, all Southern California Gas Company plans on file
Year Plans Participants Total Assets
2022 2 16,326 $4.4B
2023 2 16,852 $5.0B
2024 2 17,516 $5.4B

Nearby Defined Benefit (Pension) Plans in California

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

Southern California Gas Company Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Southern California Gas Company Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Southern California …Kaiser Permanente Re…Pacific Gas and Elec…Pacific Gas and Elec…Retirement Plan for …Disney Salaried Pens…
Southern California Gas Company Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Scale composition for Southern California Gas Company Pension Plan

Southern California Gas Company Pension Plan reports $2.3B in end-of-year assets across 8,002 participants (0.019% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $286,661 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2023 was $276M.

This plan identity (EIN 951240705, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.0B to $2.4B (+16.8%) while covered participants moved from 7,743 to 8,518 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,743 $2.0B Open filing
2023 8,002 $2.3B This page
2024 · index core 8,518 $2.4B Open filing

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

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Southern California Gas Company Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Southern California Gas Company Pension Plan assets move in 2023?
Southern California Gas Company Pension Plan grew at a solid clip - up 13.6% during 2023, from $2.0B to $2.3B. Reported net income was $276M.
How have Southern California Gas Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern California Gas Company's sponsor-wide assets grew 23.0%, from $4.4B to $5.4B.
Where does Southern California Gas Company Pension Plan rank by assets among Form 5500 filers?
Southern California Gas Company Pension 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 Defined Benefit (Pension) plans are similar in size to Southern California Gas Company Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement&security Program for Employees of Ntca and Its Members in VA ($2.3B, 10,052 participants).

Next read for Southern California Gas Company Pension …

Filing takeaways

Ways to act on Southern California Gas Company Pension Plan's numbers.

  • By total assets, Southern California Gas Company Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
  • Southern California Gas Company's sponsor-wide assets have grown 23.0% since 2022 across 3 plan years on file. More Utilities plans