Defined Benefit (Pension) · DOL Form 5500 · 2023
Ppl Services Corporation Pension Plan
Data updated 2026-08-11
- $587M
- Total assets
- 546
- Participants
- 98th
- Percentile by assets
- $1.1M
- Avg per participant
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.
- 98th percentile by assets (of 127,072 plans)
- #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.
- $587M
- total plan assets (2023 EOY)
- 546
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $1.1M
- avg assets per participant
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.
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.
Rhode Island Energy Retirement Plan vs the 2023 asset distribution
By assets, Rhode Island Energy Retirement Plan outranks 98% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 5.9x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $590M |
|---|---|
| Net Assets (End of Year) | $587M |
| Net Income | -$3M |
| Employer EIN | 233041441 |
| Plan Effective Date | 2022-05-25 |
| Filing Status | FILING 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.
Rhode Island Energy Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
- National Elevator Industry Pension Plan $11.2B · 27,434
- Steelworkers Pension Trust $6.6B · 47,052
- The PNC Financial Services Group, Inc. Pension Plan $5.6B · 63,680
- Constellation Retirement Program $5.3B · 5,080
- The Bank of New York Mellon Corporation Pension Plan $5.3B · 7,374
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Rhode Island Energy Retirement Plan by total assets, not by location.
- Local 338 Retirement Fund (NY) $588M · 2,454
- Medstar Health, Inc. Pension Equity Plan (MD) $586M · 1,826
- Employees' Retirement Plan of Indianapolis Power & Light Company (IN) $589M · 737
- The Legacy Plan of the Unite Here Retirement Fund (NY) $591M · 19,570
Frequently Asked Questions
How did Rhode Island Energy Retirement Plan assets move in 2023? ▼
How have Ppl Services Corporation plan assets changed over time? ▼
Where does Rhode Island Energy Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Rhode Island Energy Retirement Plan? ▼
Next read for Rhode Island Energy Retirement Plan
Scale reading
Ways to act on Rhode Island Energy Retirement Plan's numbers.
- By total assets, Rhode Island Energy Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
- Ppl Services Corporation's sponsor-wide assets have grown 9.7% since 2022 across 3 plan years on file. More Utilities plans