Defined Benefit (Pension) · DOL Form 5500 · 2023

San Jose Water Company Pension Plan

Data updated 2026-08-25

$206M
Total assets Near avg plan size
482
Participants Below avg headcount
95th
Percentile by assets National rank
$427,275
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Retirement Plan of San Jose Water Company · Sponsored by San Jose Water Company · California · Utilities

$206M in assets, 482 participants

San Jose Water Company's Retirement Plan of San Jose Water Company reported $206M in total assets and 482 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #522 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Retirement Plan of San Jose Water Company ranks #522 of 721 2023 filers by assets (261% of the sector average)-$206M for 482 participants.

#522
in Utilities (721 peers)
+16.4%
assets growth YoY
2.1×
vs typical plan assets (national mean)

Retirement Plan of San Jose Water Company's outsized position by total assets

Retirement Plan of San Jose Water Company vs every filed plan by assets

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

$205,946,619 Top 5% higher than 95% 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

Retirement Plan of San Jose Water Company 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. Retirement Plan of San Jose Water Company sits mid-pack in the medium band (482 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Plan of San Jose Water Company reported net income rose from -$35M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • Retirement Plan of San Jose Water Company reported participants rose from 357 in the plan year 2022 filing to 482 in the plan year 2023 filing.
  • Retirement Plan of San Jose Water Company end-of-year assets rose from $177M in the plan year 2022 filing to $206M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 940838465 · San Jose Water Company PY 2023 · Defined Benefit (Pension)

Retirement Plan of San Jose Water Company · $206M · 482 · 95th

  • NET $206M
  • NET 482
  • NET 95th
  • NET Defined Benefit (Pension)
  • NET near Michiana Area Electrical Workers Pension Fund
  • NET ind #522

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 California →

Retirement Plan of San Jose Water Company in the asset neighbourhood

Teamsters' Construction Industry & Misc Pension FundTeamsters' Construction Indu…$207MHope Gas Pension Plan$207MIntermountain Retail Store Employees Pension PlanIntermountain Retail Store E…$207MMichiana Area Electrical Workers Pension FundMichiana Area Electrical Wor…$206MRetirement Plan of San Jose Water CompanyRetirement Plan of San Jose …$206M
End-of-year total assets ($M) among Retirement Plan of San Jose Water Company and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$177M
Net Assets (End of Year)$206M
Net Income$29M
Employer EIN940838465
Plan Effective Date1950-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (San Jose Water Company)

Sponsor-wide plan assets over time

All San Jose Water Company plans reported in each filing year

Latest sponsor-wide plan assets
$361M 25.585669862334466% vs 2022
2024 filing year
$250M$300M$350M$400M 202220232024 $287M $361M ▲ +25.6%
Year Plans Participants Total Assets
2022 2 756 $287M
2023 2 884 $329M
2024 2 920 $361M

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Retirement Plan of San Jose Water Company vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Retirement Plan of San Jose Water Company, Total assets ($B): 0.205946619 · Participants: 482Retirement Plan of San Jose Water CompanyKaiser Permanente Retirement Plan, Total assets ($B): 33.538817099 · Participants: 127356Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 21.40954351 · Participants: 22914Pacific Gas and Electric Company Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.980531142 · Participants: 25647Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.814691143 · Participants: 19545Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 10.057095066 · Participants: 10813Disney Salaried Pension Plan D
Retirement Plan of San Jose Water Company vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
Compare Retirement Plan of San Jose Water Company side-by-side with 3 peers →

Retirement Plan of San Jose Water Company's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Michiana Area Electrical Workers Pension Fund in MI ($206M); by covered participants it is Retirement Plan for Employees of Yakima Valley Memorial Hospital in WA (482 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($206M here).

Similar participant headcount

Nearest other-state filings by covered participants (482 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 Retirement Plan of San Jose Water Company assets move in 2023? ▼
Retirement Plan of San Jose Water Company grew sharply - up 16.4% during 2023, from $177M to $206M. Reported net income was $29M.
How have San Jose Water Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), San Jose Water Company's sponsor-wide assets grew 25.6%, from $287M to $361M.
Where does Retirement Plan of San Jose Water Company rank by assets among Form 5500 filers? ▼
Retirement Plan of San Jose Water Company ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan of San Jose Water Company? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Michiana Area Electrical Workers Pension Fund in MI ($206M, 905 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan of San Jose Water Company? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of Yakima Valley Memorial Hospital in WA (482 participants, $113M in assets).

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 940838465.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.