Defined Benefit (Pension) · DOL Form 5500 · 2024

San Diego Gas & Electric Company Pension Plan

Data updated 2026-08-25

$842M
Total assets Above avg plan size
4,534
Participants Above avg headcount
98th
Percentile by assets National rank
$185,800
Avg per participant Above avg balance/head
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Official DOL plan name: San Diego Gas & Electric Company Cash Balance Plan · Sponsored by San Diego Gas & Electric Company · California · Utilities

$842M in assets, 4,534 participants

San Diego Gas & Electric Company's San Diego Gas & Electric Company Cash Balance Plan reported $842M in total assets and 4,534 participants in its 2024 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.

  • #628 in Utilities (732 peers)

Coverage in California

San Diego Gas & Electric Company Cash Balance Plan covers 4,534 participants in California, 7.2x the typical California plan (state average ~630 per filing). Assets: $842M.

#628
in Utilities (732 peers)
+1.4%
assets growth YoY
8.5×
vs typical plan assets (national mean)

San Diego Gas & Electric Company Cash Balance Plan's outsized position by total assets

San Diego Gas & Electric Company Cash Balance Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$842,416,104 Top 2% higher than 98% of 123,620 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 2024

San Diego Gas & Electric Company Cash Balance Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. San Diego Gas & Electric Company Cash Balance Plan lands in the large band (4,534 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • San Diego Gas & Electric Company Cash Balance Plan reported net income fell from $58M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • San Diego Gas & Electric Company Cash Balance Plan reported participants rose from 4,365 in the plan year 2023 filing to 4,534 in the plan year 2024 filing.
  • San Diego Gas & Electric Company Cash Balance Plan end-of-year assets rose from $831M in the plan year 2023 filing to $842M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 951184800 · San Diego Gas & Electric Company PY 2024 · Defined Benefit (Pension)

San Diego Gas & Electric Company Cash Balance Plan · $842M · 4,534 · 98th

  • EBSA $842M
  • PART 4,534
  • TYPE 98th
  • NET Defined Benefit (Pension)
  • BOOK near Automotive Machinists Pension Plan
  • VS-ST ind #628

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 California →

San Diego Gas & Electric Company Cash Balance Plan in the asset neighbourhood

Abc-Nabet Retirement Trust FundAbc-Nabet Retirement Trust F…$847MRpm International Inc. Retirement PlanRpm International Inc. Retir…$847MOperating Eng Cons Ind Misc. Pension FundOperating Eng Cons Ind Misc.…$846MAutomotive Machinists Pension PlanAutomotive Machinists Pensio…$844MSan Diego Gas & Electric Company Cash Balance PlanSan Diego Gas & Electric Com…$842M
End-of-year total assets ($M) among San Diego Gas & Electric Company Cash Balance Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$831M
Net Assets (End of Year)$842M
Net Income$10M
Employer EIN951184800
Plan Effective Date1941-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (San Diego Gas & Electric Company)

Sponsor-wide plan assets over time

All San Diego Gas & Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$3.0B 21.639268163256155% vs 2022
2024 filing year
$2.2B$2.4B$2.6B$2.8B$3B$3.2B 202220232024 $2.44B $2.97B ▲ +21.7%
Year Plans Participants Total Assets
2022 2 9,214 $2.4B
2023 2 9,170 $2.7B
2024 2 9,465 $3.0B

Nearby Defined Benefit (Pension) Plans in California

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

San Diego Gas & Electric Company Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants San Diego Gas & Electric Company Cash Balance Plan, Total assets ($B): 0.842416104 · Participants: 4534San Diego Gas & Electric Company Cash Balance PlanKaiser Permanente Retirement Plan, Total assets ($B): 34.452234723 · Participants: 135057Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.60716624 · Participants: 27500Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 11.441381434 · Participants: 18983Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Western States Carpenters Pension Plan, Total assets ($B): 11.342334451 · Participants: 48582Western States Carpenters Pension PlanIlwu-Pma Pension Plan, Total assets ($B): 10.798538721 · Participants: 15833Ilwu-Pma Pension Plan
San Diego Gas & Electric Company Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

San Diego Gas & Electric Company Cash Balance Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Automotive Machinists Pension Plan in WA ($844M); by covered participants it is Tidalhealth Pension Plan in MD (4,540 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($842M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,534 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did San Diego Gas & Electric Company Cash Balance Plan assets move in 2024?
San Diego Gas & Electric Company Cash Balance Plan edged up modestly - up 1.4% during 2024, from $831M to $842M. Reported net income was $10M.
How have San Diego Gas & Electric Company plan assets changed over time?
Across 3 plan years on file (2022-2024), San Diego Gas & Electric Company's sponsor-wide assets grew 21.6%, from $2.4B to $3.0B.
Where does San Diego Gas & Electric Company Cash Balance Plan rank by assets among Form 5500 filers?
San Diego Gas & Electric Company Cash Balance Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to San Diego Gas & Electric Company Cash Balance Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Automotive Machinists Pension Plan in WA ($844M, 505 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to San Diego Gas & Electric Company Cash Balance Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Tidalhealth Pension Plan in MD (4,540 participants, $163M in assets).