ESOP · DOL Form 5500 · 2023

Ppl Services Corporation ESOP

Data updated 2026-08-25

$108M
Total assets Near avg plan size
1,388
Participants Near avg headcount
92nd
Percentile by assets National rank
$77,466
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ppl Employee Stock Ownership Plan · Sponsored by Ppl Services Corporation · Pennsylvania · Utilities

$108M in assets, 1,388 participants

Ppl Services Corporation's Ppl Employee Stock Ownership Plan reported $108M in total assets and 1,388 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #461 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Ppl Employee Stock Ownership Plan ranks #461 of 721 2023 filers by assets (499% of the sector average)-$108M for 1,388 participants.

#461
in Utilities (721 peers)
-14.4%
assets change YoY
1.1×
vs typical plan assets (national mean)

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ppl Employee Stock Ownership Plan's outsized position by total assets

Ppl Employee Stock Ownership Plan vs every filed plan by assets

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

$107,522,256 Top 8% higher than 92% 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 Stock Ownership 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. Ppl Employee Stock Ownership Plan lands in the large band (1,388 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ppl Employee Stock Ownership Plan reported net income fell from -$13M in the plan year 2022 filing to -$18M in the plan year 2023 filing.
  • Ppl Employee Stock Ownership Plan end-of-year assets fell from $126M in the plan year 2022 filing to $108M in the plan year 2023 filing.
  • Ppl Employee Stock Ownership Plan reported participants fell from 1,535 in the plan year 2022 filing to 1,388 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 233041441 · Ppl Services Corporation PY 2023 · ESOP

Ppl Employee Stock Ownership Plan · $108M · 1,388 · 92nd

  • BOOK $108M
  • VS-ST 1,388
  • BOY 92nd
  • SCH ESOP
  • EBSA near Swca, Inc Employee Stock Ownership Plan and Trust
  • PART ind #461

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 What is an ESOP? → · Plans in Pennsylvania →

Ppl Employee Stock Ownership Plan in the asset neighbourhood

Miller Electric Company Employee Stock Ownership Plan and TrustMiller Electric Company Empl…$108MSwca, Inc Employee Stock Ownership Plan and TrustSwca, Inc Employee Stock Own…$108MPpl Employee Stock Ownership PlanPpl Employee Stock Ownership…$108MFin Feather Fur Outfitters, Inc. Employee Stock Ownership PlanFin Feather Fur Outfitters, …$107MAlliance Material Handling Employee Stock Ownership PlanAlliance Material Handling E…$107M
End-of-year total assets ($M) among Ppl Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$126M
Net Assets (End of Year)$107M
Net Income-$18M
Employer EIN233041441
Plan Effective Date1975-01-01
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 ESOP Plans in Pennsylvania

Peer ESOP plans, same state, same plan type, ranked by total assets.

Ppl Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Ppl Employee Stock Ownership Plan, Total assets ($B): 0.107522256 · Participants: 1388Ppl Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.338226537 · Participants: 42695Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.558044827 · Participants: 342Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.686501046 · Participants: 2353Centimark Corporation Employee Stock Ownership Plan and TrustSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.686202616 · Participants: 13858Sheetz, Inc. Employee Stock Ownership PlanD & H Employee Stock Ownership Plan, Total assets ($B): 0.288933356 · Participants: 1461D & H Employee Stock Ownership Plan
Ppl Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Ppl Employee Stock Ownership Plan side-by-side with 3 peers →

Ppl Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Pennsylvania, the nearest ESOP by assets is Swca, Inc Employee Stock Ownership Plan and Trust in AZ ($108M); by covered participants it is Acco Employee Stock Ownership Plan in CA (1,397 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,388 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 Stock Ownership Plan assets move in 2023? ▼
Ppl Employee Stock Ownership Plan pulled back noticeably - down 14.4% during 2023, from $126M to $108M. Reported net income was -$18M.
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 Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Ppl Employee Stock Ownership Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Ppl Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Swca, Inc Employee Stock Ownership Plan and Trust in AZ ($108M, 1,030 participants).
Which ESOP plans cover a similar participant headcount to Ppl Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Acco Employee Stock Ownership Plan in CA (1,397 participants, $1.4B 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.