401(k) · DOL Form 5500 · 2024

Public Service Enterprise Group Incorporated 401(k) Plan

Data updated 2026-07-24

$2.3B
Total assets: 3,869
Participants: 99th
Percentile by assets: $588,586
Avg per participant

Official DOL plan name: Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan · Sponsored by Public Service Enterprise Group Incorporated · New Jersey · Management of Enterprises

$2.3B in assets, 3,869 participants

Public Service Enterprise Group Incorporated's Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan reported $2.3B in total assets and 3,869 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)

Coverage in New Jersey

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan covers 3,869 participants in New Jersey, 4.5x the typical New Jersey plan (state average ~865 per filing). Assets: $2.3B.

$2.3B
total plan assets (2024 EOY): 3,869
covered participants: 99th
percentile by assets (of 116,472 plans): $588,586
avg assets per participant

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan end-of-year assets rose from $2.1B in the plan year 2023 filing to $2.3B in the plan year 2024 filing.
Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan reported net income fell from $173M in the plan year 2023 filing to $159M in the plan year 2024 filing.
Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan reported participants fell from 3,917 in the plan year 2023 filing to 3,869 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New Jersey

Industry

Management of Enterprises

Participants vs New Jersey filers

In New Jersey, the average filing covers about 865 participants across 3,927 plans. Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan reports 3,869 participants - 4.5x that state average ($2.3B EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)	$2.1B
Net Assets (End of Year)	$2.3B
Net Income	$159M
Employer EIN	222625848
Plan Effective Date	1981-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Public Service Enterprise Group Incorporated)

Total plan assets by year, all Public Service Enterprise Group Incorporated plans on file

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. Thrift & Tax Deferred 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

Compare Public Service Enterprise Group Inc. Thr… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan by total assets, not by location.

Palo Alto Foundation Medical Group, Inc. 401(k) Plan (CA) $2.3B · 1,898
Cnh Industrial U.S. Retirement Savings Plan (WI) $2.3B · 10,601
Parsons Corporation Retirement Savings Plan (VA) $2.3B · 10,395
The Clorox Company 401(k) Plan (CA) $2.3B · 6,123

Frequently Asked Questions

How did Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan assets move in 2024? ▼

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan grew at a solid clip - up 8.8% during 2024, from $2.1B to $2.3B. Reported net income was $159M.

How have Public Service Enterprise Group Incorporated plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Public Service Enterprise Group Incorporated's sponsor-wide assets declined 50.8%, from $9.1B to $4.5B.

Where does Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan rank by assets among Form 5500 filers? ▼

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan ranks in the 99th percentile by end-of-year assets among 116,472 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 Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Palo Alto Foundation Medical Group, Inc. 401(k) Plan in CA ($2.3B, 1,898 participants).

Next read for Public Service Enterprise Group Inc. Thr…

Filing takeaways

Ways to act on Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan's numbers.

By total assets, Public Service Enterprise Group Inc. Thrift & Tax Deferred 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

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 222625848.

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.