Defined Benefit (Pension) · DOL Form 5500 · 2024

Southern California Gas Company Pension Plan

Data updated 2026-08-11

$2.4B
Total assets
8,518
Participants
99th
Percentile by assets
$276,811
Avg per participant
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Official DOL plan name: Southern California Gas Company Pension Plan · Sponsored by Southern California Gas Company · California · Utilities

$2.4B in assets, 8,518 participants

Southern California Gas Company's Southern California Gas Company Pension Plan reported $2.4B in total assets and 8,518 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 123,622 plans)
  • #689 in Utilities (732 peers)

Coverage in California

Southern California Gas Company Pension Plan covers 8,518 participants in California, 14x the typical California plan (state average ~630 per filing). Assets: $2.4B.

$2.4B
total plan assets (2024 EOY)
8,518
covered participants
99th
percentile by assets (of 123,622 plans)
$276,811
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southern California Gas Company Pension Plan reported net income fell from $276M in the plan year 2023 filing to $65M in the plan year 2024 filing.
  • Southern California Gas Company Pension Plan reported participants rose from 8,002 in the plan year 2023 filing to 8,518 in the plan year 2024 filing.
  • Southern California Gas Company Pension Plan end-of-year assets rose from $2.3B in the plan year 2023 filing to $2.4B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Southern California Gas Company Pension Plan reports 8,518 participants - 14x that state average ($2.4B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$2.3B
Net Assets (End of Year)$2.4B
Net Income$65M
Employer EIN951240705
Plan Effective Date1932-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern California Gas Company)

$4B$4.5B$5B$5.5B$6B 202220232024 $4.42B $5.44B ▲ +23.1%
Total plan assets by year, all Southern California Gas Company plans on file
Year Plans Participants Total Assets
2022 2 16,326 $4.4B
2023 2 16,852 $5.0B
2024 2 17,516 $5.4B

Nearby Defined Benefit (Pension) Plans in California

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

Southern California Gas Company Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Southern California Gas Company Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Southern California …Kaiser Permanente Re…Pacific Gas and Elec…Retirement Plan for …Western States Carpe…Ilwu-Pma Pension Plan
Southern California Gas Company Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Scale composition for Southern California Gas Company Pension Plan

Southern California Gas Company Pension Plan reports $2.4B in end-of-year assets across 8,518 participants (0.019% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $276,811 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2024 was $65M.

This plan identity (EIN 951240705, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.0B to $2.4B (+16.8%) while covered participants moved from 7,743 to 8,518 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,743 $2.0B Open filing
2023 8,002 $2.3B Open filing
2024 · index core 8,518 $2.4B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Southern California Gas Company Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Southern California Gas Company Pension Plan assets move in 2024?
Southern California Gas Company Pension Plan edged up modestly - up 2.8% during 2024, from $2.3B to $2.4B. Reported net income was $65M.
How have Southern California Gas Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern California Gas Company's sponsor-wide assets grew 23.0%, from $4.4B to $5.4B.
Where does Southern California Gas Company Pension Plan rank by assets among Form 5500 filers?
Southern California Gas Company Pension Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Southern California Gas Company Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Local 804 I.B.T. and Local 447 I.a.M. - UPS Multi-Employer Retirement Plan in GA ($2.4B, 5,814 participants).

Next read for Southern California Gas Company Pension …

Filing takeaways

Ways to act on Southern California Gas Company Pension Plan's numbers.

  • By total assets, Southern California Gas Company Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
  • Southern California Gas Company's sponsor-wide assets have grown 23.0% since 2022 across 3 plan years on file. More Utilities plans