Defined Benefit (Pension) · DOL Form 5500 · 2023

Public Service Enterprise Group Incorporated Pension Plan

Data updated 2026-08-25

$2.4B
Total assets Very large vs avg
428
Participants Below avg headcount
99th
Percentile by assets National rank
$5.7M
Avg per participant High balance/head
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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.

  • #1,114 in Management of Enterprises (1,137 peers)

Where Pension Plan of Public Service Enterprise Group Incorporated sits by assets

Pension Plan of Public Service Enterprise Group Incorporated sits among the largest 1% of all filed plans, $2.4B for 428 participants (~$5.7M/participant), down 14.7% in 2023.

#1,114
in Management of Enterprises (1,137 peers)
-14.7%
assets change YoY
24×
vs typical plan assets (national mean)

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's outsized position by total assets

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

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

$2,439,532,371 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 among mid-size filed plans by 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 sits mid-pack in the medium band (428 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 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 · $2.4B · 428 · 99th

  • IND $2.4B
  • IND 428
  • IND 99th
  • IND Defined Benefit (Pension)
  • IND near Electrical Contractors Assoc. of the City of Chgo Local Union 134, IBEW Joint Pension Trust of Chgo Pension Plan #2
  • IND ind #1114

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 in the asset neighbourhood

Pension Plan for Employees at OrnlPension Plan for Employees a…$2.5BPension Plan of Public Service Enterprise Group IncorporatedPension Plan of Public Servi…$2.4BElectrical Contractors Assoc. of the City of Chgo Local Union 134, IBEW Joint Pension Trust of Chgo Pension Plan #2Electrical Contractors Assoc…$2.4BBayer Corporation Pension PlanBayer Corporation Pension Pl…$2.4BSaint-Gobain Retirement Income PlanSaint-Gobain Retirement Inco…$2.4B
End-of-year total assets ($B) among Pension Plan of Public Service Enterprise Group Incorporated and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$2.9B
Net Assets (End of Year)$2.4B
Net Income-$552M
Employer EIN222625848
Plan Effective Date1911-01-01
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 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 0510152025 Total assets ($B) Participants Pension Plan of Public Service Enterprise Group Incorporated, Total assets ($B): 2.439532371 · Participants: 428Pension Plan of Public Service Enterprise Group IncorporatedRetirement 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 vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants

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

Outside New Jersey, the nearest Defined Benefit (Pension) 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); by covered participants it is Mary Washington Healthcare Defined Benefit Retirement Plan in VA (428 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (428 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 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 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? ▼
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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan of Public Service Enterprise Group Incorporated? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Mary Washington Healthcare Defined Benefit Retirement Plan in VA (428 participants, $124M in assets).