Defined Benefit (Pension) · DOL Form 5500 · 2023

Public Service Enterprise Group Incorporated Pension Plan

Data updated 2026-08-25

$2.1B
Total assets Very large vs avg
10,014
Participants Very large workforce
99th
Percentile by assets National rank
$212,851
Avg per participant Above avg balance/head
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Official DOL plan name: Pension Plan of Public Service Enterprise Group Incorporated II · Sponsored by Public Service Enterprise Group Incorporated · New Jersey · Management of Enterprises

$2.1B in assets, 10,014 participants

Public Service Enterprise Group Incorporated's Pension Plan of Public Service Enterprise Group Incorporated II reported $2.1B in total assets and 10,014 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.

  • #1,110 in Management of Enterprises (1,137 peers)

Coverage in New Jersey

Pension Plan of Public Service Enterprise Group Incorporated II covers 10,014 participants in New Jersey, 12x the typical New Jersey plan (state average ~844 per filing). Assets: $2.1B.

#1,110
in Management of Enterprises (1,137 peers)
-13.7%
assets change YoY
21×
vs typical plan assets (national mean)

The plan reported a net loss of $210M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan of Public Service Enterprise Group Incorporated II's outsized position by total assets

Pension Plan of Public Service Enterprise Group Incorporated II vs every filed plan by assets

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

$2,131,490,562 Top 1% higher than 99% 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

Pension Plan of Public Service Enterprise Group Incorporated II's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan of Public Service Enterprise Group Incorporated II is a mega filing (10,014 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Plan of Public Service Enterprise Group Incorporated II reported net income rose from -$957M in the plan year 2022 filing to -$210M in the plan year 2023 filing.
  • Pension Plan of Public Service Enterprise Group Incorporated II end-of-year assets fell from $2.5B in the plan year 2022 filing to $2.1B in the plan year 2023 filing.
  • Pension Plan of Public Service Enterprise Group Incorporated II reported participants rose from 9,939 in the plan year 2022 filing to 10,014 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 222625848 · Public Service Enterprise Group Incorporated PY 2023 · Defined Benefit (Pension)

Pension Plan of Public Service Enterprise Group Incorporated II · $2.1B · 10,014 · 99th

  • BOOK $2.1B
  • VS-ST 10,014
  • BOY 99th
  • SCH Defined Benefit (Pension)
  • EBSA near The Aerospace Employees' Retirement Plan (Aerp)
  • PART ind #1110

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 Management of Enterprises retirement plans → · Plans in New Jersey →

Pension Plan of Public Service Enterprise Group Incorporated II in the asset neighbourhood

The Aerospace Employees' Retirement Plan (Aerp)The Aerospace Employees' Ret…$2.1BCarpenters Pension Fund of IllinoisCarpenters Pension Fund of I…$2.1BPension Plan of Public Service Enterprise Group Incorporated IIPension Plan of Public Servi…$2.1BThe National Football League Club Employees Pension PlanThe National Football League…$2.1BCargill, Inc. and Associated Companies Salaried Employees Pension PlanCargill, Inc. and Associated…$2.1B
End-of-year total assets ($B) among Pension Plan of Public Service Enterprise Group Incorporated II and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$2.5B
Net Assets (End of Year)$2.1B
Net Income-$210M
Employer EIN222625848
Plan Effective Date2019-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Public Service Enterprise Group Incorporated)

Sponsor-wide plan assets over time

All Public Service Enterprise Group Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$4.5B 50.79670162689594% vs 2022
2024 filing year
$2B$4B$6B$8B$10B 202220232024 $9.05B $4.45B ▼ -50.8%
Year Plans Participants Total Assets
2022 4 21,128 $9.1B
2023 4 21,001 $8.7B
2024 2 10,454 $4.5B

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Plan of Public Service Enterprise Group Incorporated II vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants Pension Plan of Public Service Enterprise Group Incorporated II, Total assets ($B): 2.131490562 · Participants: 10014Pension Plan of Public Service Enterprise Group Incorporated IIRetirement Plan of Johnson and Johnson, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan for Associates
Pension Plan of Public Service Enterprise Group Incorporated II vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Pension Plan of Public Service Enterprise Group Incorporated II side-by-side with 3 peers →

Scale composition for Pension Plan of Public Service Enterprise Group Incorporated II

Pension Plan of Public Service Enterprise Group Incorporated II reports $2.1B in end-of-year assets across 10,014 participants (0.017% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $212,851 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2023 was -$210M.

This plan identity (EIN 222625848, plan #002) has 2 Form 5500 filings on file from 2022 to 2023 , with end-of-year assets moving from $2.5B to $2.1B (-13.7%) while covered participants moved from 9,939 to 10,014 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,939 $2.5B Open filing
2023 · index core 10,014 $2.1B This page

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Pension Plan of Public Service Enterprise Group Incorporated II's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is The Aerospace Employees' Retirement Plan (Aerp) in CA ($2.1B); by covered participants it is Minnesota Laborers Pension Fund in MN (10,029 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (10,014 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 Pension Plan of Public Service Enterprise Group Incorporated II assets move in 2023? ▼
Pension Plan of Public Service Enterprise Group Incorporated II pulled back noticeably - down 13.7% during 2023, from $2.5B to $2.1B. Reported net income was -$210M.
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 Pension Plan of Public Service Enterprise Group Incorporated II rank by assets among Form 5500 filers? ▼
Pension Plan of Public Service Enterprise Group Incorporated II 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 Defined Benefit (Pension) plans are similar in size to Pension Plan of Public Service Enterprise Group Incorporated II? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Aerospace Employees' Retirement Plan (Aerp) in CA ($2.1B, 2,595 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan of Public Service Enterprise Group Incorporated II? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Minnesota Laborers Pension Fund in MN (10,029 participants, $3.0B 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 222625848.

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.