Defined Benefit (Pension) · DOL Form 5500 · 2023
Portland General Electric Company Pension Plan
Data updated 2026-08-25
- $534M
- Total assets Above avg plan size
- 824
- Participants Near avg headcount
- 98th
- Percentile by assets National rank
- $648,218
- Avg per participant High balance/head
Official DOL plan name: Portland General Electric Company Pension Plan · Sponsored by Portland General Electric Company · Oregon · Utilities
$534M in assets, 824 participants
Portland General Electric Company's Portland General Electric Company Pension Plan reported $534M in total assets and 824 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- #597 in Utilities (721 peers)
Where Portland General Electric Company Pension Plan sits by assets
Portland General Electric Company Pension Plan sits in the top 5% of all filed plans by assets, $534M for 824 participants (~$648,218/participant), down 2.4% in 2023.
- #597
- in Utilities (721 peers)
- -2.4%
- assets change YoY
- 5.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Portland General Electric Company Pension Plan's outsized position by total assets
Portland General Electric Company Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$534,131,237 Top 2% higher than 98% 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
Portland General Electric Company 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. Portland General Electric Company Pension Plan sits mid-pack in the medium band (824 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Portland General Electric Company Pension Plan reported net income rose from -$252M in the plan year 2022 filing to -$14M in the plan year 2023 filing.
- Portland General Electric Company Pension Plan reported participants fell from 914 in the plan year 2022 filing to 824 in the plan year 2023 filing.
- Portland General Electric Company Pension Plan end-of-year assets fell from $547M in the plan year 2022 filing to $534M in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 930256820 · Portland General Electric Company PY 2023 · Defined Benefit (Pension)
Portland General Electric Company Pension Plan · $534M · 824 · 98th
- TYPE $534M
- TYPE 824
- TYPE 98th
- TYPE Defined Benefit (Pension)
- TYPE near Gmp & Employers Pension Plan
- TYPE ind #597
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 Pension Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $547M |
|---|---|
| Net Assets (End of Year) | $533M |
| Net Income | -$14M |
| Employer EIN | 930256820 |
| Plan Effective Date | 1945-10-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,842 | $1.5B |
| 2023 | 2 | 3,759 | $1.6B |
| 2024 | 2 | 3,634 | $1.7B |
Nearby Defined Benefit (Pension) Plans in Oregon
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Xpo Pension Plan $1.7B · 4,840
- Northwest Sheet Metal Workers Pension Plan $1.5B · 4,660
- Ua Local 290 Plumber, Steamfitter & Shipfitter Pension Plan $1.1B · 3,351
- Precision Castparts Corp. Retirement Plan $1.1B · 2,018
- Oregon Retail Employees Pension Plan $1.0B · 20,043
Portland General Electric Company Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Oregon, the nearest Defined Benefit (Pension) by assets is Gmp & Employers Pension Plan in OH ($534M); by covered participants it is Retirement Plan for Hourly Paid Employees of Gaf Materials LLC in NJ (824 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($534M here).
- Gmp & Employers Pension Plan (OH) $534M · 2,525
- I.B.E.W. Local Union No 357 Pension Trust Fund, Plan a (NV) $534M · 2,367
- The Pension Plan of Arrowood Indemnity Company (NC) $535M · 102
- American National Insurance Company Employees Retirement Plan (TX) $533M · 1,412
Similar participant headcount
Nearest other-state filings by covered participants (824 participants); asset peers above are excluded.
- Retirement Plan for Hourly Paid Employees of Gaf Materials LLC (NJ) 824 · 0 off
- Hawaii Longshore Pension Plan (HI) 823 · 1 off
- Louisiana Carpenters Pension Fund (TN) 826 · 2 off
- Stanley Black & Decker Pension Plan (MD) 821 · 3 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.