401(k) · DOL Form 5500 · 2023

Portland General Electric Company 401(k) Plan

Data updated 2026-08-11

$1.1B
Total assets: 2,935
Participants: 99th
Percentile by assets: $376,575
Avg per participant

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.

99th percentile by assets (of 127,072 plans)
#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.

$1.1B
total plan assets (2023 EOY): 2,935
covered participants: 99th
percentile by assets (of 127,072 plans): $376,575
avg assets per participant

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 →

State

Oregon

Industry

Utilities

Participants vs Oregon filers

In Oregon, the average filing covers about 443 participants across 1,736 plans. Portland General Electric Company 401(k) Plan reports 2,935 participants - 6.6x that state average ($1.1B EOY assets).

Oregon filing particulars

Total Assets (Beginning of Year)	$972M
Net Assets (End of Year)	$1.1B
Net Income	$134M
Employer EIN	930256820
Plan Effective Date	2005-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Portland General Electric Company)

Total plan assets by year, all Portland General Electric Company plans on file

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

401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc. $5.9B · 40,345
Daimler Truck North America, L.L.C. Employee Retirement Savings Plan $2.4B · 8,353
Precision Castparts Corp. 401(k) Retirement Savings Plan $2.2B · 16,687
Xpo Logistics Retirement Savings Plan $1.8B · 6,189
Pacificorp K Plus Employee Savings Plan $1.6B · 4,968

Compare Portland General Electric Company 401(k)… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Portland General Electric Company 401(k) Plan by total assets, not by location.

Wilmer Cutler Pickering Hale and Dorr LLP Savings and Retirement Plan (MA) $1.1B · 1,787
Arkema Inc. Employees' Retirement Savings (401(k)) Plan (PA) $1.1B · 2,978
Allegheny Health Network 401(k) Plan (PA) $1.1B · 20,362
Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan (MN) $1.1B · 5,480

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).

Next read for Portland General Electric Company 401(k)…

Filing takeaways

Ways to act on Portland General Electric Company 401(k) Plan's numbers.

By total assets, Portland General Electric Company 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Oregon. Compare plans
Portland General Electric Company's sponsor-wide assets have grown 13.7% since 2022 across 3 plan years on file. More Utilities 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 930256820.