Defined Benefit (Pension) · DOL Form 5500 · 2023
Ppl Services Corporation Pension Plan
Data updated 2026-08-25
- $1.6B
- Total assets Very large vs avg
- 1,118
- Participants Near avg headcount
- 99th
- Percentile by assets National rank
- $1.4M
- Avg per participant High balance/head
Official DOL plan name: Ppl Retirement Plan · Sponsored by Ppl Services Corporation · Pennsylvania · Utilities
$1.6B in assets, 1,118 participants
Ppl Services Corporation's Ppl Retirement Plan reported $1.6B in total assets and 1,118 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.
- #665 in Utilities (721 peers)
Where Ppl Retirement Plan sits by assets
Ppl Retirement Plan sits among the largest 1% of all filed plans, $1.6B for 1,118 participants (~$1.4M/participant), up 1.9% in 2023.
- #665
- in Utilities (721 peers)
- +1.9%
- assets growth YoY
- 16×
- vs typical plan assets (national mean)
Ppl Retirement Plan's outsized position by total assets
Ppl Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,594,096,797 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Ppl Retirement 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 Retirement Plan lands in the large band (1,118 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Ppl Retirement Plan reported net income rose from -$758M in the plan year 2022 filing to $30M in the plan year 2023 filing.
- Ppl Retirement Plan reported participants fell from 1,247 in the plan year 2022 filing to 1,118 in the plan year 2023 filing.
- Ppl Retirement Plan end-of-year assets rose from $1.6B in the plan year 2022 filing to $1.6B in the plan year 2023 filing.
DOL schedule card
Filing strip 233041441 · Ppl Services Corporation PY 2023 · Defined Benefit (Pension)
Ppl Retirement Plan · $1.6B · 1,118 · 99th
- EOY $1.6B
- EOY 1,118
- EOY 99th
- EOY Defined Benefit (Pension)
- EOY near Plumbers' Pension Fund, Local 130, U.a.
- EOY ind #665
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 Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $1.6B |
|---|---|
| Net Assets (End of Year) | $1.6B |
| Net Income | $30M |
| Employer EIN | 233041441 |
| Plan Effective Date | 1941-07-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 7 | 6,621 | $3.2B |
| 2023 | 7 | 5,488 | $3.5B |
| 2024 | 7 | 6,800 | $3.5B |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Elevator Industry Pension Plan $11.2B · 27,434
- Steelworkers Pension Trust $6.6B · 47,052
- The PNC Financial Services Group, Inc. Pension Plan $5.6B · 63,680
- Constellation Retirement Program $5.3B · 5,080
- The Bank of New York Mellon Corporation Pension Plan $5.3B · 7,374
Ppl Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Plumbers' Pension Fund, Local 130, U.a. in IL ($1.6B); by covered participants it is Northwest Permanente, P.C., Cash Balance Plan in OR (1,118 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.6B here).
- Plumbers' Pension Fund, Local 130, U.a. (IL) $1.6B · 3,000
- Kohler Co. Pension Plan (WI) $1.6B · 9,878
- Meijer Omp Pension Plan (MI) $1.6B · 4,691
- Johnson Controls Pension Plan (WI) $1.6B · 3,999
Similar participant headcount
Nearest other-state filings by covered participants (1,118 participants); asset peers above are excluded.
- Northwest Permanente, P.C., Cash Balance Plan (OR) 1,118 · 0 off
- Local Union No. 9 I.B.E.W. and Outside Contractors Pension Fund (IL) 1,118 · 0 off
- Herc Rentals Pension Plan (FL) 1,119 · 1 off
- Will County Local 174 Carpenters Pension Fund (IL) 1,117 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.