401(k) · DOL Form 5500 · 2023

Public Service Enterprise Group Incorporated 401(k) Plan

Data updated 2026-08-25

$2.0B
Total assets Very large vs avg
6,642
Participants Above avg headcount
99th
Percentile by assets National rank
$299,529
Avg per participant High balance/head
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Official DOL plan name: Public Service Enterprise Group Inc. Employee Savings Plan · Sponsored by Public Service Enterprise Group Incorporated · New Jersey · Management of Enterprises

$2.0B in assets, 6,642 participants

Public Service Enterprise Group Incorporated's Public Service Enterprise Group Inc. Employee Savings Plan reported $2.0B in total assets and 6,642 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.

  • #1,107 in Management of Enterprises (1,137 peers)

Coverage in New Jersey

Public Service Enterprise Group Inc. Employee Savings Plan covers 6,642 participants in New Jersey, 7.9x the typical New Jersey plan (state average ~844 per filing). Assets: $2.0B.

#1,107
in Management of Enterprises (1,137 peers)
+9.6%
assets growth YoY
20×
vs typical plan assets (national mean)

Public Service Enterprise Group Inc. Employee Savings Plan's outsized position by total assets

Public Service Enterprise Group Inc. Employee Savings Plan vs every filed plan by assets

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

$1,989,473,712 Top 1% higher than 99% 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

Public Service Enterprise Group Inc. Employee Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Public Service Enterprise Group Inc. Employee Savings Plan lands in the large band (6,642 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Public Service Enterprise Group Inc. Employee Savings Plan reported net income rose from -$379M in the plan year 2022 filing to $186M in the plan year 2023 filing.
  • Public Service Enterprise Group Inc. Employee Savings Plan end-of-year assets rose from $1.8B in the plan year 2022 filing to $2.0B in the plan year 2023 filing.
  • Public Service Enterprise Group Inc. Employee Savings Plan reported participants rose from 6,598 in the plan year 2022 filing to 6,642 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 222625848 · Public Service Enterprise Group Incorporated PY 2023 · 401(k)

Public Service Enterprise Group Inc. Employee Savings Plan · $2.0B · 6,642 · 99th

  • BOY $2.0B
  • SCH 6,642
  • EBSA 99th
  • PART 401(k)
  • TYPE near Paypal 401(k) Savings Plan
  • NET ind #1107

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 Management of Enterprises retirement plans → · Plans in New Jersey →

Public Service Enterprise Group Inc. Employee Savings Plan in the asset neighbourhood

Bain and Company, Inc. 401(k) Savings PlanBain and Company, Inc. 401(k…$2.0BThe Hershey Company 401(k) PlanThe Hershey Company 401(k) P…$2.0BPublic Service Enterprise Group Inc. Employee Savings PlanPublic Service Enterprise Gr…$2.0BPaypal 401(k) Savings Plan$2.0BStifel Financial Profit Sharing 401(k) PlanStifel Financial Profit Shar…$2.0B
End-of-year total assets ($B) among Public Service Enterprise Group Inc. Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$1.8B
Net Assets (End of Year)$2.0B
Net Income$186M
Employer EIN222625848
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Public Service Enterprise Group Incorporated)

Sponsor-wide plan assets over time

All Public Service Enterprise Group Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$4.5B 50.79670162689594% vs 2022
2024 filing year
$2B$4B$6B$8B$10B 202220232024 $9.05B $4.45B ▼ -50.8%
Year Plans Participants Total Assets
2022 4 21,128 $9.1B
2023 4 21,001 $8.7B
2024 2 10,454 $4.5B

Nearby 401(k) Plans in New Jersey

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

Public Service Enterprise Group Inc. Employee Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Public Service Enterprise Group Inc. Employee Savings Plan, Total assets ($B): 1.989473712 · Participants: 6642Public Service Enterprise Group Inc. Employee Savings PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Public Service Enterprise Group Inc. Employee Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Public Service Enterprise Group Inc. Employee Savings Plan side-by-side with 3 peers →

Scale composition for Public Service Enterprise Group Inc. Employee Savings Plan

Public Service Enterprise Group Inc. Employee Savings Plan reports $2.0B in end-of-year assets across 6,642 participants (0.016% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $299,529 per participant (2.2x the national average assets-per-participant) . Net income for plan year 2023 was $186M.

This plan identity (EIN 222625848, plan #006) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $2.2B (+19.9%) while covered participants moved from 6,598 to 6,585 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,598 $1.8B Open filing
2023 6,642 $2.0B This page
2024 · index core 6,585 $2.2B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Public Service Enterprise Group Inc. Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Paypal 401(k) Savings Plan in CA ($2.0B); by covered participants it is The Nielsen Company 401(k) Savings Plan in NY (6,644 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (6,642 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 Public Service Enterprise Group Inc. Employee Savings Plan assets move in 2023? ▼
Public Service Enterprise Group Inc. Employee Savings Plan grew at a solid clip - up 9.6% during 2023, from $1.8B to $2.0B. Reported net income was $186M.
How have Public Service Enterprise Group Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Public Service Enterprise Group Incorporated's sponsor-wide assets declined 50.8%, from $9.1B to $4.5B.
Where does Public Service Enterprise Group Inc. Employee Savings Plan rank by assets among Form 5500 filers? ▼
Public Service Enterprise Group Inc. Employee 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 Public Service Enterprise Group Inc. Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Paypal 401(k) Savings Plan in CA ($2.0B, 12,121 participants).
Which 401(k) plans cover a similar participant headcount to Public Service Enterprise Group Inc. Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Nielsen Company 401(k) Savings Plan in NY (6,644 participants, $1.5B 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 222625848.

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.