Defined Benefit (Pension) · DOL Form 5500 · 2023

Ppl Services Corporation Pension Plan

Data updated 2026-08-25

$587M
Total assets Above avg plan size
546
Participants Below avg headcount
98th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Rhode Island Energy Retirement Plan · Sponsored by Ppl Services Corporation · Pennsylvania · Utilities

$587M in assets, 546 participants

Ppl Services Corporation's Rhode Island Energy Retirement Plan reported $587M in total assets and 546 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.

  • #606 in Utilities (721 peers)

Where Rhode Island Energy Retirement Plan sits by assets

Rhode Island Energy Retirement Plan sits in the top 5% of all filed plans by assets, $587M for 546 participants (~$1.1M/participant), down 0.5% in 2023.

#606
in Utilities (721 peers)
-0.5%
assets change YoY
5.9×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Rhode Island Energy Retirement Plan's outsized position by total assets

Rhode Island Energy Retirement Plan vs every filed plan by assets

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

$587,265,571 Top 2% higher than 98% 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

Rhode Island Energy Retirement 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. Rhode Island Energy Retirement Plan sits mid-pack in the medium band (546 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Rhode Island Energy Retirement Plan reported net income rose from -$53M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
  • Rhode Island Energy Retirement Plan reported participants fell from 585 in the plan year 2022 filing to 546 in the plan year 2023 filing.
  • Rhode Island Energy Retirement Plan end-of-year assets fell from $590M in the plan year 2022 filing to $587M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 233041441 · Ppl Services Corporation PY 2023 · Defined Benefit (Pension)

Rhode Island Energy Retirement Plan · $587M · 546 · 98th

  • EIN $587M
  • EIN 546
  • EIN 98th
  • EIN Defined Benefit (Pension)
  • EIN near Local 338 Retirement Fund
  • EIN ind #606

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 →

Rhode Island Energy Retirement Plan in the asset neighbourhood

The Legacy Plan of the Unite Here Retirement FundThe Legacy Plan of the Unite…$591MEmployees' Retirement Plan of Indianapolis Power & Light CompanyEmployees' Retirement Plan o…$589MLocal 338 Retirement Fund$588MRhode Island Energy Retirement PlanRhode Island Energy Retireme…$587MMedstar Health, Inc. Pension Equity PlanMedstar Health, Inc. Pension…$586M
End-of-year total assets ($M) among Rhode Island Energy Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$590M
Net Assets (End of Year)$587M
Net Income-$3M
Employer EIN233041441
Plan Effective Date2022-05-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Ppl Services Corporation)

Sponsor-wide plan assets over time

All Ppl Services Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3.5B 9.676884907020101% vs 2022
2024 filing year
$3.2B$3.3B$3.4B$3.5B$3.6B 202220232024 $3.24B $3.55B ▲ +9.6%
Year Plans Participants Total Assets
2022 7 6,621 $3.2B
2023 7 5,488 $3.5B
2024 7 6,800 $3.5B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Rhode Island Energy Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Rhode Island Energy Retirement Plan, Total assets ($B): 0.587265571 · Participants: 546Rhode Island Energy Retirement PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Rhode Island Energy Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Rhode Island Energy Retirement Plan side-by-side with 3 peers →

Rhode Island Energy Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Local 338 Retirement Fund in NY ($588M); by covered participants it is Advansix Inc. Retirement Earnings Plan in NJ (546 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($587M here).

Similar participant headcount

Nearest other-state filings by covered participants (546 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 Rhode Island Energy Retirement Plan assets move in 2023? ▼
Rhode Island Energy Retirement Plan held essentially flat - down 0.5% during 2023, from $590M to $587M. Reported net income was -$3M.
How have Ppl Services Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ppl Services Corporation's sponsor-wide assets grew 9.7%, from $3.2B to $3.5B.
Where does Rhode Island Energy Retirement Plan rank by assets among Form 5500 filers? ▼
Rhode Island Energy Retirement Plan ranks in the 98th 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 Rhode Island Energy Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 338 Retirement Fund in NY ($588M, 2,454 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Rhode Island Energy Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Advansix Inc. Retirement Earnings Plan in NJ (546 participants, $86M 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 233041441.

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.