Defined Benefit (Pension) · DOL Form 5500 · 2023
Essential Utilities, Inc. Pension Plan
Data updated 2026-08-25
- $322M
- Total assets Above avg plan size
- 579
- Participants Below avg headcount
- 96th
- Percentile by assets National rank
- $555,378
- Avg per participant High balance/head
Official DOL plan name: Essential Utilities, Inc. Pension Plan · Sponsored by Essential Utilities, Inc. · Pennsylvania · Utilities
$322M in assets, 579 participants
Essential Utilities, Inc.'s Essential Utilities, Inc. Pension Plan reported $322M in total assets and 579 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- #557 in Utilities (721 peers)
Where Essential Utilities, Inc. Pension Plan sits by assets
Essential Utilities, Inc. Pension Plan sits in the top 5% of all filed plans by assets, $322M for 579 participants (~$555,378/participant), down 8.8% in 2023.
- #557
- in Utilities (721 peers)
- -8.8%
- assets change YoY
- 3.2×
- vs typical plan assets (national mean)
The plan reported a net loss of $31M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Essential Utilities, Inc. Pension Plan's outsized position by total assets
Essential Utilities, Inc. Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$321,563,739 Top 4% higher than 96% 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
Essential Utilities, Inc. Pension Plan 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. Essential Utilities, Inc. Pension Plan sits mid-pack in the medium band (579 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Essential Utilities, Inc. Pension Plan reported net income rose from -$105M in the plan year 2022 filing to -$31M in the plan year 2023 filing.
- Essential Utilities, Inc. Pension Plan reported participants fell from 701 in the plan year 2022 filing to 579 in the plan year 2023 filing.
- Essential Utilities, Inc. Pension Plan end-of-year assets fell from $353M in the plan year 2022 filing to $322M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 231702594 · Essential Utilities, Inc. PY 2023 · Defined Benefit (Pension)
Essential Utilities, Inc. Pension Plan · $322M · 579 · 96th
- ASSETS $322M
- ASSETS 579
- ASSETS 96th
- ASSETS Defined Benefit (Pension)
- ASSETS near Unity Health System Retirement Plan
- ASSETS ind #557
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 →
Essential Utilities, Inc. Pension Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $353M |
|---|---|
| Net Assets (End of Year) | $322M |
| Net Income | -$31M |
| Employer EIN | 231702594 |
| Plan Effective Date | 1944-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Essential Utilities, Inc.)
Sponsor-wide plan assets over time
All Essential Utilities, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $923M 7.829601814281283% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,324 | $856M |
| 2023 | 2 | 3,703 | $880M |
| 2024 | 2 | 3,778 | $923M |
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
Essential Utilities, Inc. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Unity Health System Retirement Plan in NY ($321M); by covered participants it is Gesa Credit Union Cash Balance Defined Benefit Plan and Trust in WA (579 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($322M here).
- Unity Health System Retirement Plan (NY) $321M · 4,032
- Protective Life Corporation Pension Plan (AL) $321M · 3,222
- Cit Group, Inc. Retirement Plan (NC) $321M · 685
- Sidley Austin LLP Retirement Plan (IL) $323M · 1,273
Similar participant headcount
Nearest other-state filings by covered participants (579 participants); asset peers above are excluded.
- Gesa Credit Union Cash Balance Defined Benefit Plan and Trust (WA) 579 · 0 off
- Thompson Health Pension Plan (NY) 580 · 1 off
- Potlatchdeltic Retirement Plan (WA) 581 · 2 off
- Retirement Plan for Bargaining Unit Employees of the Metal Trades Council of Consolidated Nuclear Security, LLC (TN) 581 · 2 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.