401(k) · DOL Form 5500 · 2023

Public Service Enterprise Group Incorporated 401(k) Plan

Data updated 2026-08-11

$2.1B
Total assets: 3,917
Participants: 99th
Percentile by assets: $534,247
Avg per participant

Official DOL plan name: Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan · Sponsored by Public Service Enterprise Group Incorporated · New Jersey · Management of Enterprises

$2.1B in assets, 3,917 participants

Public Service Enterprise Group Incorporated's Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan reported $2.1B in total assets and 3,917 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)
#1,109 in Management of Enterprises (1,137 peers)

Coverage in New Jersey

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan covers 3,917 participants in New Jersey, 4.6x the typical New Jersey plan (state average ~844 per filing). Assets: $2.1B.

$2.1B
total plan assets (2023 EOY): 3,917
covered participants: 99th
percentile by assets (of 127,072 plans): $534,247
avg assets per participant

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan reported net income rose from -$446M in the plan year 2022 filing to $173M in the plan year 2023 filing.
Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan end-of-year assets rose from $1.9B in the plan year 2022 filing to $2.1B in the plan year 2023 filing.
Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan reported participants fell from 4,070 in the plan year 2022 filing to 3,917 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New Jersey

Industry

Management of Enterprises

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan reports 3,917 participants - 4.6x that state average ($2.1B EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)	$1.9B
Net Assets (End of Year)	$2.1B
Net Income	$173M
Employer EIN	222625848
Plan Effective Date	1981-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Public Service Enterprise Group Incorporated)

Total plan assets by year, all Public Service Enterprise Group Incorporated plans on file

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. Thrift & Tax Deferred Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
Verizon Savings Plan for Management Employees $27.8B · 78,072
Johnson and Johnson Savings Plan $22.2B · 41,291
Ernst & Young Retirement Savings Plan $15.5B · 59,346
Merck US Savings Plan $13.4B · 26,850

Compare Public Service Enterprise Group Inc. Thr… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan by total assets, not by location.

Compass Group Retirement Plan (NC) $2.1B · 230,520
Wood 401(k) Plan (TX) $2.1B · 8,218
Cnh Industrial U.S. Retirement Savings Plan (WI) $2.1B · 9,906
Netjets Aviation, Inc. 401(k) Retirement Plan (OH) $2.1B · 3,133

Frequently Asked Questions

How did Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan assets move in 2023? ▼

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan grew at a solid clip - up 9.6% during 2023, from $1.9B to $2.1B. Reported net income was $173M.

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. Thrift & Tax Deferred Savings Plan rank by assets among Form 5500 filers? ▼

Public Service Enterprise Group Inc. Thrift & Tax Deferred 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. Thrift & Tax Deferred Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Compass Group Retirement Plan in NC ($2.1B, 230,520 participants).

Next read for Public Service Enterprise Group Inc. Thr…

Filing takeaways

Ways to act on Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan's numbers.

By total assets, Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
Public Service Enterprise Group Incorporated's sponsor-wide assets have declined 50.8% since 2022 across 3 plan years on file. More Management of Enterprises plans

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.