401(k) · DOL Form 5500 · 2023

Ppl Services Corporation 401(k) Plan

Data updated 2026-08-25

$286M
Total assets Near avg plan size
689
Participants Below avg headcount
96th
Percentile by assets National rank
$415,447
Avg per participant High balance/head
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Official DOL plan name: Ppl Employee Savings Plan · Sponsored by Ppl Services Corporation · Pennsylvania · Utilities

$286M in assets, 689 participants

Ppl Services Corporation's Ppl Employee Savings Plan reported $286M in total assets and 689 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #548 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Ppl Employee Savings Plan ranks #548 of 721 2023 filers by assets (188% of the sector average)-$286M for 689 participants.

#548
in Utilities (721 peers)
+10.1%
assets growth YoY
2.9×
vs typical plan assets (national mean)

Ppl Employee Savings Plan's outsized position by total assets

Ppl Employee Savings Plan vs every filed plan by assets

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

$286,242,964 Top 4% higher than 96% 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

Ppl Employee Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ppl Employee Savings Plan sits mid-pack in the medium band (689 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ppl Employee Savings Plan reported net income rose from -$97M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Ppl Employee Savings Plan reported participants fell from 786 in the plan year 2022 filing to 689 in the plan year 2023 filing.
  • Ppl Employee Savings Plan end-of-year assets rose from $260M in the plan year 2022 filing to $286M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 233041441 · Ppl Services Corporation PY 2023 · 401(k)

Ppl Employee Savings Plan · $286M · 689 · 96th

  • RANK $286M
  • RANK 689
  • RANK 96th
  • RANK 401(k)
  • RANK near North American Stainless Savings Plan
  • RANK ind #548

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 Utilities retirement plans → · Plans in Pennsylvania →

Ppl Employee Savings Plan in the asset neighbourhood

Precisely Software Incorporated 401(k) PlanPrecisely Software Incorpora…$286MUltra Electronics Inc. 401(k) PlanUltra Electronics Inc. 401(k…$286MTrelleborg Corporation Savings PlanTrelleborg Corporation Savin…$286MNorth American Stainless Savings PlanNorth American Stainless Sav…$286MPpl Employee Savings Plan$286M
End-of-year total assets ($M) among Ppl Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$260M
Net Assets (End of Year)$286M
Net Income$28M
Employer EIN233041441
Plan Effective Date1979-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ppl Services Corporation)

Sponsor-wide plan assets over time

All Ppl Services Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3.5B 9.676884907020101% vs 2022
2024 filing year
$3.2B$3.3B$3.4B$3.5B$3.6B 202220232024 $3.24B $3.55B ▲ +9.6%
Year Plans Participants Total Assets
2022 7 6,621 $3.2B
2023 7 5,488 $3.5B
2024 7 6,800 $3.5B

Nearby 401(k) Plans in Pennsylvania

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

Ppl Employee Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Ppl Employee Savings Plan, Total assets ($B): 0.286242964 · Participants: 689Ppl Employee Savings PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Ppl Employee Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Ppl Employee Savings Plan side-by-side with 3 peers →

Ppl Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is North American Stainless Savings Plan in KY ($286M); by covered participants it is Commodore Homes, LLC 401(k) Retirement Plan and Trust in IN (689 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($286M here).

Similar participant headcount

Nearest other-state filings by covered participants (689 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 Ppl Employee Savings Plan assets move in 2023? ▼
Ppl Employee Savings Plan grew at a solid clip - up 10.1% during 2023, from $260M to $286M. Reported net income was $28M.
How have Ppl Services Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ppl Services Corporation's sponsor-wide assets grew 9.7%, from $3.2B to $3.5B.
Where does Ppl Employee Savings Plan rank by assets among Form 5500 filers? ▼
Ppl Employee Savings Plan ranks in the 96th 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 401(k) plans are similar in size to Ppl Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is North American Stainless Savings Plan in KY ($286M, 1,505 participants).
Which 401(k) plans cover a similar participant headcount to Ppl Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Commodore Homes, LLC 401(k) Retirement Plan and Trust in IN (689 participants, $21M 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 233041441.

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.