Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

Rhode Island Energy Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Ppl Services Corporation · Pennsylvania · Utilities

What the 2023 filing shows

Rhode Island Energy Retirement Plan holds $587M for 546 participants — about $1.1M per participant, down 0.5% over the 2023 plan year.

$587M
total plan assets (2023 EOY)
546
covered participants
$1.1M
avg assets per participant
-0.5%
assets change YoY

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.

Total Assets (2023)
$587M
Participants
546
State
Industry
Utilities

What the Filing Says About Rhode Island Energy Retirement Plan

Rhode Island Energy Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Ppl Services Corporation, headquartered in Pennsylvania. As of the 2023 Form 5500 filing, the plan reports $587M in total end-of-year assets and covers 546 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 233041441, and the plan has been effective since 2022-05-25. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $590M at the beginning of 2023 to $587M at year-end — a decline of 0.5%. Net assets (after liabilities) closed the year at $587M, with reported net income of $-2,904,264 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$590M
Total Assets (End of Year)$587M
Net Assets (End of Year)$587M
Net Income$-2,904,264
Plan TypeDefined Benefit (Pension)
Employer EIN233041441
Plan Effective Date2022-05-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Ppl Services Corporation)

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.

Frequently Asked Questions

How much money is in the Rhode Island Energy Retirement Plan?
As of the 2023 Form 5500 filing, Rhode Island Energy Retirement Plan holds $587M in total assets with 546 participants. It is sponsored by Ppl Services Corporation.
What type of plan is Rhode Island Energy Retirement Plan?
Rhode Island Energy Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 2022-05-25. The plan is filed with the U.S. Department of Labor under EIN 233041441.
Who sponsors the Rhode Island Energy Retirement Plan?
Rhode Island Energy Retirement Plan is sponsored by Ppl Services Corporation, located in Pennsylvania. The sponsor's EIN is 233041441 and the plan operates in the Utilities industry.
How did Rhode Island Energy Retirement Plan perform in 2023?
Rhode Island Energy Retirement Plan declined by 0.5% during 2023, moving from $590M to $587M in total assets. Net income was $-2,904,264.
Where can I find official filings for Rhode Island Energy Retirement Plan?
Official Form 5500 filings for Rhode Island Energy Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 233041441 or plan name at efast.dol.gov.
How does Rhode Island Energy Retirement Plan compare to other plans?
You can compare Rhode Island Energy Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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