401(k) · DOL Form 5500 · 2023

Portland General Electric Company 401(k) Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
2,935
Participants Above avg headcount
99th
Percentile by assets National rank
$376,575
Avg per participant High balance/head
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Official DOL plan name: Portland General Electric Company 401(k) Plan · Sponsored by Portland General Electric Company · Oregon · Utilities

$1.1B in assets, 2,935 participants

Portland General Electric Company's Portland General Electric Company 401(k) Plan reported $1.1B in total assets and 2,935 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.

  • #647 in Utilities (721 peers)

Coverage in Oregon

Portland General Electric Company 401(k) Plan covers 2,935 participants in Oregon, 6.6x the typical Oregon plan (state average ~443 per filing). Assets: $1.1B.

#647
in Utilities (721 peers)
+13.7%
assets growth YoY
11×
vs typical plan assets (national mean)

Portland General Electric Company 401(k) Plan's outsized position by total assets

Portland General Electric Company 401(k) Plan vs every filed plan by assets

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

$1,105,246,502 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

Portland General Electric Company 401(k) 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. Portland General Electric Company 401(k) Plan lands in the large band (2,935 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Portland General Electric Company 401(k) Plan reported net income rose from -$220M in the plan year 2022 filing to $134M in the plan year 2023 filing.
  • Portland General Electric Company 401(k) Plan end-of-year assets rose from $972M in the plan year 2022 filing to $1.1B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 930256820 · Portland General Electric Company PY 2023 · 401(k)

Portland General Electric Company 401(k) Plan · $1.1B · 2,935 · 99th

  • BOOK $1.1B
  • BOOK 2,935
  • BOOK 99th
  • BOOK 401(k)
  • BOOK near Wilmer Cutler Pickering Hale and Dorr LLP Savings and Retirement Plan
  • BOOK ind #647

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 Oregon →

Portland General Electric Company 401(k) Plan in the asset neighbourhood

Portland General Electric Company 401(k) PlanPortland General Electric Co…$1.1BArkema Inc. Employees' Retirement Savings (401(k)) PlanArkema Inc. Employees' Retir…$1.1BElectrical Workers Local No. 292 Defined Contribution and 401(k) PlanElectrical Workers Local No.…$1.1BWilmer Cutler Pickering Hale and Dorr LLP Savings and Retirement PlanWilmer Cutler Pickering Hale…$1.1BAllegheny Health Network 401(k) PlanAllegheny Health Network 401…$1.1B
End-of-year total assets ($B) among Portland General Electric Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Oregon filing particulars

Total Assets (Beginning of Year)$972M
Net Assets (End of Year)$1.1B
Net Income$134M
Employer EIN930256820
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Portland General Electric Company)

Sponsor-wide plan assets over time

All Portland General Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 13.658053148097075% vs 2022
2024 filing year
$1.4B$1.5B$1.6B$1.7B$1.8B 202220232024 $1.52B $1.73B ▲ +13.8%
Year Plans Participants Total Assets
2022 2 3,842 $1.5B
2023 2 3,759 $1.6B
2024 2 3,634 $1.7B

Nearby 401(k) Plans in Oregon

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Portland General Electric Company 401(k) Plan vs. nearby 401(k) plans in Oregon, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 02468 Total assets ($B) Participants Portland General Electric Company 401(k) Plan, Total assets ($B): 1.105246502 · Participants: 2935Portland General Electric Company 401(k) Plan401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc., Total assets ($B): 5.902107007 · Participants: 40345401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc.Daimler Truck North America, L.L.C. Employee Retirement Savings Plan, Total assets ($B): 2.354402812 · Participants: 8353Daimler Truck North America, L.L.C. Employee Retirement Savings PlanPrecision Castparts Corp. 401(k) Retirement Savings Plan, Total assets ($B): 2.192492885 · Participants: 16687Precision Castparts Corp. 401(k) Retirement Savings PlanXpo Logistics Retirement Savings Plan, Total assets ($B): 1.809963509 · Participants: 6189Xpo Logistics Retirement Savings PlanPacificorp K Plus Employee Savings Plan, Total assets ($B): 1.59531627 · Participants: 4968Pacificorp K Plus Employee Savings Plan
Portland General Electric Company 401(k) Plan vs. nearby 401(k) plans in Oregon, assets vs. participants

Portland General Electric Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Oregon, the nearest 401(k) by assets is Wilmer Cutler Pickering Hale and Dorr LLP Savings and Retirement Plan in MA ($1.1B); by covered participants it is Matrix Medical Network 401(k) Plan in TN (2,934 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,935 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 Portland General Electric Company 401(k) Plan assets move in 2023? ▼
Portland General Electric Company 401(k) Plan grew at a solid clip - up 13.7% during 2023, from $972M to $1.1B. Reported net income was $134M.
How have Portland General Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Portland General Electric Company's sponsor-wide assets grew 13.7%, from $1.5B to $1.7B.
Where does Portland General Electric Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Portland General Electric Company 401(k) Plan 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 401(k) plans are similar in size to Portland General Electric Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wilmer Cutler Pickering Hale and Dorr LLP Savings and Retirement Plan in MA ($1.1B, 1,787 participants).
Which 401(k) plans cover a similar participant headcount to Portland General Electric Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Matrix Medical Network 401(k) Plan in TN (2,934 participants, N/A in assets).