Defined Benefit (Pension) · DOL Form 5500 · 2023

Southern Indiana Gas & Electric Company Pension Plan

Data updated 2026-08-11

$39M
Total assets
62
Participants
83rd
Percentile by assets
$636,565
Avg per participant
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Official DOL plan name: Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company · Sponsored by Southern Indiana Gas & Electric Company · Indiana · Utilities

$39M in assets, 62 participants

Southern Indiana Gas & Electric Company's Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company reported $39M in total assets and 62 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • 83rd percentile by assets (of 127,072 plans)
  • #347 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company ranks #347 of 721 2023 filers by assets (1360% of the sector average)-$39M for 62 participants.

$39M
total plan assets (2023 EOY)
62
covered participants
83rd
percentile by assets (of 127,072 plans)
$636,565
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company sits by total assets

Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company vs every filed plan by assets

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

$39,467,000 Top 17% higher than 83% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company reported net income rose from -$11M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company reported participants fell from 68 in the plan year 2022 filing to 62 in the plan year 2023 filing.
  • Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company end-of-year assets fell from $42M in the plan year 2022 filing to $39M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Indiana
Industry
Utilities

Rank #347 in Utilities

Among 721 Utilities plans that filed a Form 5500 for plan year 2023, Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company ranks #347 by end-of-year assets - about 1360% of the sector average of $537M. Nationally it sits in the 83rd percentile, a weaker position within its industry than across all filers.

Utilities filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$39M
Net Income-$2M
Employer EIN350672570
Plan Effective Date1944-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Indiana Gas & Electric Company)

$38M$39M$40M$41M$42M 202220232024 $41.5M $38.5M ▼ -7.2%
Total plan assets by year, all Southern Indiana Gas & Electric Company plans on file
Year Plans Participants Total Assets
2022 1 68 $42M
2023 1 62 $39M
2024 1 57 $39M

Nearby Defined Benefit (Pension) Plans in Indiana

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

Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -5051015 Total assets ($B) Participants Pension Plan for Hou…, Total assets ($B): 0.039467 · Participants: 62Pension Plan for Hou…The Lilly Retirement…, Total assets ($B): 11.68755379 · Participants: 19111The Lilly Retirement…Cummins Pension Plan, Total assets ($B): 3.321162584 · Participants: 26560Cummins Pension PlanIndiana Laborers Pen…, Total assets ($B): 1.654720253 · Participants: 10800Indiana Laborers Pen…Elevance Health Cash…, Total assets ($B): 1.277905032 · Participants: 8197Elevance Health Cash…Nisource Pension Plan, Total assets ($B): 1.063713087 · Participants: 2174Nisource Pension Plan
Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants
Compare Pension Plan for Hourly Employees of Sou… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company by total assets, not by location.

Frequently Asked Questions

How did Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company assets move in 2023? ▼
Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company edged down modestly - down 4.9% during 2023, from $42M to $39M. Reported net income was -$2M.
How have Southern Indiana Gas & Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Indiana Gas & Electric Company's sponsor-wide assets declined 7.2%, from $42M to $39M.
Where does Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company rank by assets among Form 5500 filers? ▼
Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company ranks in the 83rd 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 Defined Benefit (Pension) plans are similar in size to Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Seeing Eye, Inc. Pension Plan in NJ ($39M, 128 participants).

Next read for Pension Plan for Hourly Employees of Sou…

Filing takeaways

Ways to act on Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company's numbers.

  • By total assets, Pension Plan for Hourly Employees of Southern Indiana Gas & Electric Company ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Indiana. Compare plans
  • Southern Indiana Gas & Electric Company's sponsor-wide assets have declined 7.2% since 2022 across 3 plan years on file. More Utilities plans

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 350672570.

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.