Defined Benefit (Pension) · DOL Form 5500 · 2023

Public Service Enterprise Group Incorporated Pension Plan

Data updated 2026-08-06

$2.4B
Total assets: 428
Participants: 99th
Percentile by assets: $5.7M
Avg per participant

Official DOL plan name: Pension Plan of Public Service Enterprise Group Incorporated · Sponsored by Public Service Enterprise Group Incorporated · New Jersey · Management of Enterprises

$2.4B in assets, 428 participants

Public Service Enterprise Group Incorporated's Pension Plan of Public Service Enterprise Group Incorporated reported $2.4B in total assets and 428 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.

99th percentile by assets (of 126,618 plans)
#1,112 in Management of Enterprises (1,135 peers)

Coverage in New Jersey

Pension Plan of Public Service Enterprise Group Incorporated covers 428 participants in New Jersey, about 50% of the average New Jersey filer (state average ~865 per filing). Assets: $2.4B.

$2.4B
total plan assets (2023 EOY): 428
covered participants: 99th
percentile by assets (of 126,618 plans): $5.7M
avg assets per participant

The plan reported a net loss of $552M 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 reported net income rose from -$1.2B in the plan year 2022 filing to -$552M in the plan year 2023 filing.
Pension Plan of Public Service Enterprise Group Incorporated reported participants fell from 521 in the plan year 2022 filing to 428 in the plan year 2023 filing.
Pension Plan of Public Service Enterprise Group Incorporated end-of-year assets fell from $2.9B in the plan year 2022 filing to $2.4B in the plan year 2023 filing.

See the national 2023→2024 release diff →

State

New Jersey

Industry

Management of Enterprises

Participants vs New Jersey filers

In New Jersey, the average filing covers about 865 participants across 3,927 plans. Pension Plan of Public Service Enterprise Group Incorporated reports 428 participants - about 50% of that state average ($2.4B EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)	$2.9B
Net Assets (End of Year)	$2.4B
Net Income	-$552M
Employer EIN	222625848
Plan Effective Date	1911-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Public Service Enterprise Group Incorporated)

Total plan assets by year, all Public Service Enterprise Group Incorporated plans on file

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 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

Retirement Plan of Johnson and Johnson $21.2B · 37,749
JPMorgan Chase Retirement Plan $16.3B · 90,644
Nokia Retirement Income Plan $13.9B · 7,492
The Prudential Merged Retirement Plan $12.2B · 16,230
Verizon Pension Plan for Associates $10.9B · 23,778

Compare Pension Plan of Public Service Enterpris… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Plan of Public Service Enterprise Group Incorporated by total assets, not by location.

Electrical Contractors Assoc. of the City of Chgo Local Union 134, IBEW Joint Pension Trust of Chgo Pension Plan #2 (IL) $2.4B · 7,000
Pension Plan for Employees at Ornl (TN) $2.5B · 5,801
Bayer Corporation Pension Plan (MO) $2.4B · 1,429
Saint-Gobain Retirement Income Plan (PA) $2.4B · 11,921

Frequently Asked Questions

How did Pension Plan of Public Service Enterprise Group Incorporated assets move in 2023? ▼

Pension Plan of Public Service Enterprise Group Incorporated pulled back noticeably - down 14.7% during 2023, from $2.9B to $2.4B. Reported net income was -$552M.

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 rank by assets among Form 5500 filers? ▼

Pension Plan of Public Service Enterprise Group Incorporated ranks in the 99th percentile by end-of-year assets among 126,618 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? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Electrical Contractors Assoc. of the City of Chgo Local Union 134, IBEW Joint Pension Trust of Chgo Pension Plan #2 in IL ($2.4B, 7,000 participants).

Next read for Pension Plan of Public Service Enterpris…

Filing takeaways

Ways to act on Pension Plan of Public Service Enterprise Group Incorporated's numbers.

By total assets, Pension Plan of Public Service Enterprise Group Incorporated ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
Public Service Enterprise Group Incorporated's sponsor-wide assets have declined 50.8% since 2022 across 3 plan years on file. More Management of Enterprises plans

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.