401(k) · DOL Form 5500 · 2024

Puget Sound Energy, Inc. 401(k) Plan

Data updated 2026-08-25

$1.3B
Total assets Very large vs avg
3,403
Participants Above avg headcount
99th
Percentile by assets National rank
$393,640
Avg per participant High balance/head
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Official DOL plan name: Investment Plan for Employees of Puget Sound Energy, Inc. · Sponsored by Puget Sound Energy, Inc. · Washington · Utilities

$1.3B in assets, 3,403 participants

Puget Sound Energy, Inc.'s Investment Plan for Employees of Puget Sound Energy, Inc. reported $1.3B in total assets and 3,403 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.

  • #663 in Utilities (732 peers)

Coverage in Washington

Investment Plan for Employees of Puget Sound Energy, Inc. covers 3,403 participants in Washington, 2.3x the typical Washington plan (state average ~1,476 per filing). Assets: $1.3B.

#663
in Utilities (732 peers)
+11.1%
assets growth YoY
13×
vs typical plan assets (national mean)

Investment Plan for Employees of Puget Sound Energy, Inc.'s outsized position by total assets

Investment Plan for Employees of Puget Sound Energy, Inc. vs every filed plan by assets

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

$1,339,558,159 Top 1% higher than 99% 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

Investment Plan for Employees of Puget Sound Energy, Inc.'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. Investment Plan for Employees of Puget Sound Energy, Inc. lands in the large band (3,403 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Investment Plan for Employees of Puget Sound Energy, Inc. reported net income fell from $178M in the plan year 2023 filing to $134M in the plan year 2024 filing.
  • Investment Plan for Employees of Puget Sound Energy, Inc. end-of-year assets rose from $1.2B in the plan year 2023 filing to $1.3B in the plan year 2024 filing.
  • Investment Plan for Employees of Puget Sound Energy, Inc. reported participants rose from 3,306 in the plan year 2023 filing to 3,403 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 910374630 · Puget Sound Energy, Inc. PY 2024 · 401(k)

Investment Plan for Employees of Puget Sound Energy, Inc. · $1.3B · 3,403 · 99th

  • RANK $1.3B
  • PHOTO 3,403
  • IND 99th
  • EOY 401(k)
  • 5500 near Xl America, Inc. Employee Savings Plan
  • ASSETS ind #663

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 Washington →

Investment Plan for Employees of Puget Sound Energy, Inc. in the asset neighbourhood

Promedica Health System, Inc. 401(k) PlanPromedica Health System, Inc…$1.3BPenske Truck Leasing Co., L.P. Savings Retirement PlanPenske Truck Leasing Co., L.…$1.3BInvestment Plan for Employees of Puget Sound Energy, Inc.Investment Plan for Employee…$1.3BXl America, Inc. Employee Savings PlanXl America, Inc. Employee Sa…$1.3BBarrick Retirement Plan$1.3B
End-of-year total assets ($B) among Investment Plan for Employees of Puget Sound Energy, Inc. and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.3B
Net Income$134M
Employer EIN910374630
Plan Effective Date1970-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Puget Sound Energy, Inc.)

Sponsor-wide plan assets over time

All Puget Sound Energy, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.2B 25.75939147092969% vs 2022
2024 filing year
$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.73B $2.17B ▲ +25.4%
Year Plans Participants Total Assets
2022 2 5,223 $1.7B
2023 2 5,217 $2.0B
2024 2 5,261 $2.2B

Nearby 401(k) Plans in Washington

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

Investment Plan for Employees of Puget Sound Energy, Inc. vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Investment Plan for Employees of Puget Sound Energy, Inc., Total assets ($B): 1.339558159 · Participants: 3403Investment Plan for Employees of Puget Sound Energy, Inc.The Boeing Company 401(k) Retirement Plan, Total assets ($B): 73.910477714 · Participants: 139394The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 65.646011638 · Participants: 118818Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 41.017392708 · Participants: 202468Costco 401(k) Retirement PlanAmazon 401(k) Plan, Total assets ($B): 34.593744657 · Participants: 1209303Amazon 401(k) Plan401(k) Savings Plan, Total assets ($B): 10.074085187 · Participants: 86668401(k) Savings Plan
Investment Plan for Employees of Puget Sound Energy, Inc. vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Investment Plan for Employees of Puget Sound Energy, Inc. side-by-side with 3 peers →

Investment Plan for Employees of Puget Sound Energy, Inc.'s out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Xl America, Inc. Employee Savings Plan in CT ($1.3B); by covered participants it is Stitch Fix, Inc. 401(k) Savings Plan in CA (3,403 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,403 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 Investment Plan for Employees of Puget Sound Energy, Inc. assets move in 2024? ▼
Investment Plan for Employees of Puget Sound Energy, Inc. grew at a solid clip - up 11.1% during 2024, from $1.2B to $1.3B. Reported net income was $134M.
How have Puget Sound Energy, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Puget Sound Energy, Inc.'s sponsor-wide assets grew 25.8%, from $1.7B to $2.2B.
Where does Investment Plan for Employees of Puget Sound Energy, Inc. rank by assets among Form 5500 filers? ▼
Investment Plan for Employees of Puget Sound Energy, Inc. 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 401(k) plans are similar in size to Investment Plan for Employees of Puget Sound Energy, Inc.? ▼
Among 401(k) plans in other states, the closest by assets is Xl America, Inc. Employee Savings Plan in CT ($1.3B, 2,309 participants).
Which 401(k) plans cover a similar participant headcount to Investment Plan for Employees of Puget Sound Energy, Inc.? ▼
Among 401(k) plans in other states, the closest by covered participants is Stitch Fix, Inc. 401(k) Savings Plan in CA (3,403 participants, $122M in assets).

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 910374630.

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.