Defined Benefit (Pension) · DOL Form 5500 · 2024

San Jose Water Company Pension Plan

Data updated 2026-08-06

$226M
Total assets
500
Participants
95th
Percentile by assets
$451,045
Avg per participant
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Official DOL plan name: Retirement Plan of San Jose Water Company · Sponsored by San Jose Water Company · California · Utilities

$226M in assets, 500 participants

San Jose Water Company's Retirement Plan of San Jose Water Company reported $226M in total assets and 500 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 116,472 plans)

Utilities sector rank

Within Utilities, Retirement Plan of San Jose Water Company ranks #505 of 707 2024 filers by assets (243% of the sector average)-$226M for 500 participants.

$226M
total plan assets (2024 EOY)
500
covered participants
95th
percentile by assets (of 116,472 plans)
$451,045
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Plan of San Jose Water Company reported net income fell from $29M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Retirement Plan of San Jose Water Company end-of-year assets rose from $206M in the plan year 2023 filing to $226M in the plan year 2024 filing.
  • Retirement Plan of San Jose Water Company reported participants rose from 482 in the plan year 2023 filing to 500 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Rank #505 in Utilities

Among 707 Utilities plans that filed a Form 5500 for plan year 2024, Retirement Plan of San Jose Water Company ranks #505 by end-of-year assets - about 243% of the sector average of $547M. Nationally it sits in the 95th percentile, a weaker position within its industry than across all filers.

Utilities filing particulars

Total Assets (Beginning of Year)$206M
Net Assets (End of Year)$226M
Net Income$20M
Employer EIN940838465
Plan Effective Date1950-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (San Jose Water Company)

$250M$300M$350M$400M 202220232024 $287M $361M ▲ +25.6%
Total plan assets by year, all San Jose Water Company plans on file
Year Plans Participants Total Assets
2022 2 756 $287M
2023 2 884 $329M
2024 2 920 $361M

Nearby Defined Benefit (Pension) Plans in California

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

Retirement Plan of San Jose Water Company vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Retirement Plan of San Jose Water Company vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Retirement Plan of S…Kaiser Permanente Re…Pacific Gas and Elec…Retirement Plan for …Western States Carpe…Disney Salaried Pens…
Retirement Plan of San Jose Water Company vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Retirement Plan of San Jose Water Company by total assets, not by location.

Frequently Asked Questions

How did Retirement Plan of San Jose Water Company assets move in 2024?
Retirement Plan of San Jose Water Company grew at a solid clip - up 9.5% during 2024, from $206M to $226M. Reported net income was $20M.
How have San Jose Water Company plan assets changed over time?
Across 3 plan years on file (2022-2024), San Jose Water Company's sponsor-wide assets grew 25.6%, from $287M to $361M.
Where does Retirement Plan of San Jose Water Company rank by assets among Form 5500 filers?
Retirement Plan of San Jose Water Company ranks in the 95th percentile by end-of-year assets among 116,472 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 Retirement Plan of San Jose Water Company?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sg Pension Plan in NY ($226M, 414 participants).

Next read for Retirement Plan of San Jose Water Compan…

Filing takeaways

Ways to act on Retirement Plan of San Jose Water Company's numbers.

  • By total assets, Retirement Plan of San Jose Water Company 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 California. Compare plans
  • San Jose Water Company's sponsor-wide assets have grown 25.6% 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 940838465.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.