401(k) · DOL Form 5500 · 2024
Public Service Enterprise Group Incorporated 401(k) Plan
Data updated 2026-08-06
- $2.2B
- Total assets
- 6,585
- Participants
- 99th
- Percentile by assets
- $330,541
- Avg per participant
Official DOL plan name: Public Service Enterprise Group Inc. Employee Savings Plan · Sponsored by Public Service Enterprise Group Incorporated · New Jersey · Management of Enterprises
$2.2B in assets, 6,585 participants
Public Service Enterprise Group Incorporated's Public Service Enterprise Group Inc. Employee Savings Plan reported $2.2B in total assets and 6,585 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 116,472 plans)
- #1,065 in Management of Enterprises (1,094 peers)
Coverage in New Jersey
Public Service Enterprise Group Inc. Employee Savings Plan covers 6,585 participants in New Jersey, 7.6x the typical New Jersey plan (state average ~865 per filing). Assets: $2.2B.
- $2.2B
- total plan assets (2024 EOY)
- 6,585
- covered participants
- 99th
- percentile by assets (of 116,472 plans)
- $330,541
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Public Service Enterprise Group Inc. Employee Savings Plan reported net income rose from $186M in the plan year 2023 filing to $213M in the plan year 2024 filing.
- Public Service Enterprise Group Inc. Employee Savings Plan end-of-year assets rose from $2.0B in the plan year 2023 filing to $2.2B in the plan year 2024 filing.
- Public Service Enterprise Group Inc. Employee Savings Plan reported participants fell from 6,642 in the plan year 2023 filing to 6,585 in the plan year 2024 filing.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 865 participants across 3,927 plans. Public Service Enterprise Group Inc. Employee Savings Plan reports 6,585 participants - 7.6x that state average ($2.2B EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $2.0B |
|---|---|
| Net Assets (End of Year) | $2.2B |
| Net Income | $213M |
| Employer EIN | 222625848 |
| Plan Effective Date | 1981-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Public Service Enterprise Group Incorporated)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 21,128 | $9.1B |
| 2023 | 4 | 21,001 | $8.7B |
| 2024 | 2 | 10,454 | $4.5B |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Public Service Enterprise Group Inc. Employee Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
- JPMorgan Chase 401(k) Savings Plan $52.9B · 185,532
- Verizon Savings Plan for Management Employees $29.4B · 69,218
- Johnson and Johnson Savings Plan $23.6B · 42,583
- Ernst & Young Retirement Savings Plan $18.3B · 56,714
- Merck US Savings Plan $15.0B · 27,956
Scale composition for Public Service Enterprise Group Inc. Employee Savings Plan
Public Service Enterprise Group Inc. Employee Savings Plan reports $2.2B in end-of-year assets across 6,585 participants (0.019% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.007% of 89,805,449 covered participants) - about $330,541 per participant (2.4x the national average assets-per-participant) . Net income for plan year 2024 was $213M.
This plan identity (EIN 222625848, plan #006) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $2.2B (+19.9%) while covered participants moved from 6,598 to 6,585 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,598 | $1.8B | Open filing |
| 2023 | 6,642 | $2.0B | Open filing |
| 2024 · index core | 6,585 | $2.2B | This page |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Pension Plan of Public Service Enterprise Group Incorporated (Defined Benefit (Pension), $2.4B, 428 participants)
- Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan (401(k), $2.3B, 3,869 participants)
- Pension Plan of Public Service Enterprise Group Incorporated II (Defined Benefit (Pension), $2.1B, 10,014 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Public Service Enterprise Group Inc. Employee Savings Plan by total assets, not by location.
- J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan (TX) $2.2B · 44,782
- Bnp Paribas 401(k) Savings Plan (NY) $2.2B · 3,617
- Hntb Ownership Plan (MO) $2.2B · 6,341
- Garmin International, Inc. Retirement Plan (KS) $2.2B · 7,082
Frequently Asked Questions
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Filing takeaways
Ways to act on Public Service Enterprise Group Inc. Employee Savings Plan's numbers.
- By total assets, Public Service Enterprise Group Inc. Employee Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
- Public Service Enterprise Group Incorporated's sponsor-wide assets have declined 50.8% since 2022 across 3 plan years on file. More Management of Enterprises plans