401(k) · DOL Form 5500 · 2023

Ppl Services Corporation 401(k) Plan

Data updated 2026-08-11

$286M
Total assets
689
Participants
96th
Percentile by assets
$415,447
Avg per participant
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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.

  • 96th percentile by assets (of 127,072 plans)
  • #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.

$286M
total plan assets (2023 EOY)
689
covered participants
96th
percentile by assets (of 127,072 plans)
$415,447
avg assets per participant

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 →

State
Industry

Rank #548 in Utilities

Among 721 Utilities plans that filed a Form 5500 for plan year 2023, Ppl Employee Savings Plan ranks #548 by end-of-year assets - about 188% of the sector average of $537M. Nationally it sits in the 96th percentile, a weaker position within its industry than across all filers.

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)

$3.2B$3.3B$3.4B$3.5B$3.6B 202220232024 $3.24B $3.55B ▲ +9.6%
Total plan assets by year, all Ppl Services Corporation plans on file
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

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…Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
Ppl Employee Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ppl Employee Savings Plan by total assets, not by location.

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).

Filing takeaways

Ways to act on Ppl Employee Savings Plan's numbers.

  • By total assets, Ppl Employee Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
  • Ppl Services Corporation's sponsor-wide assets have grown 9.7% since 2022 across 3 plan years on file. More Utilities plans