401(k) · DOL Form 5500 · 2023

Just Energy (U.S.) Corp. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
471
Participants Below avg headcount
77th
Percentile by assets National rank
$55,402
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Just Energy 401(k) Plan · Sponsored by Just Energy (U.S.) Corp. · Texas · Utilities

$26M in assets, 471 participants

Just Energy (U.S.) Corp.'s Just Energy 401(k) Plan reported $26M in total assets and 471 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #287 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Just Energy 401(k) Plan ranks #287 of 721 2023 filers by assets (2058% of the sector average)-$26M for 471 participants.

#287
in Utilities (721 peers)
+26.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Just Energy 401(k) Plan's outsized position by total assets

Just Energy 401(k) Plan vs every filed plan by assets

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

$26,094,211 Top 23% higher than 77% 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

Just Energy 401(k) 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. Just Energy 401(k) Plan sits mid-pack in the medium band (471 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Just Energy 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Just Energy 401(k) Plan end-of-year assets rose from $21M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Just Energy 401(k) Plan reported participants rose from 420 in the plan year 2022 filing to 471 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 980404753 · Just Energy (U.S.) Corp. PY 2023 · 401(k)

Just Energy 401(k) Plan · $26M · 471 · 77th

  • PHOTO $26M
  • IND 471
  • EOY 77th
  • 5500 401(k)
  • ASSETS near Veridian Homes 401(k) Retirement Plan
  • PCT ind #287

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 Texas →

Just Energy 401(k) Plan in the asset neighbourhood

Veridian Homes 401(k) Retirement PlanVeridian Homes 401(k) Retire…$26MSkincare Physicians, Inc. 401(k) Profit Sharing PlanSkincare Physicians, Inc. 40…$26MSouthwestern Industries, Inc. 401(k) PlanSouthwestern Industries, Inc…$26MJust Energy 401(k) Plan$26MBound to Stay Bound Books, Inc. 401(k) Profit Sharing PlanBound to Stay Bound Books, I…$26M
End-of-year total assets ($M) among Just Energy 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$26M
Net Income$5M
Employer EIN980404753
Plan Effective Date2006-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Just Energy (U.S.) Corp.)

Sponsor-wide plan assets over time

All Just Energy (U.S.) Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$29M 38.75927417743976% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $20.6M $28.6M ▲ +38.7%
Year Plans Participants Total Assets
2022 1 420 $21M
2023 1 471 $26M
2024 1 454 $29M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Just Energy 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Just Energy 401(k) Plan, Total assets ($B): 0.026094211 · Participants: 471Just Energy 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Just Energy 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Just Energy 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Veridian Homes 401(k) Retirement Plan in WI ($26M); by covered participants it is Merlino Companies Profit Sharing 401(k) Plan in WA (471 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (471 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 Just Energy 401(k) Plan assets move in 2023?
Just Energy 401(k) Plan grew sharply - up 26.5% during 2023, from $21M to $26M. Reported net income was $5M.
How have Just Energy (U.S.) Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), Just Energy (U.S.) Corp.'s sponsor-wide assets grew 38.8%, from $21M to $29M.
Where does Just Energy 401(k) Plan rank by assets among Form 5500 filers?
Just Energy 401(k) Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Just Energy 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Veridian Homes 401(k) Retirement Plan in WI ($26M, 189 participants).
Which 401(k) plans cover a similar participant headcount to Just Energy 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Merlino Companies Profit Sharing 401(k) Plan in WA (471 participants, $40M in assets).