401(k) · DOL Form 5500 · 2024

Public Service Enterprise Group Incorporated 401(k) Plan

Data updated 2026-08-25

$2.3B
Total assets Very large vs avg
3,869
Participants Above avg headcount
99th
Percentile by assets National rank
$588,586
Avg per participant High balance/head
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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.

  • #1,105 in Management of Enterprises (1,133 peers)

Coverage in New Jersey

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan covers 3,869 participants in New Jersey, 4.6x the typical New Jersey plan (state average ~844 per filing). Assets: $2.3B.

#1,105
in Management of Enterprises (1,133 peers)
+8.8%
assets growth YoY
23×
vs typical plan assets (national mean)

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan's outsized position by total assets

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan vs every filed plan by assets

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

$2,277,238,892 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

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan'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. Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan lands in the large band (3,869 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Form 5500 schedule snapshot

Filing strip 222625848 · Public Service Enterprise Group Incorporated PY 2024 · 401(k)

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan · $2.3B · 3,869 · 99th

  • BOY $2.3B
  • BOY 3,869
  • BOY 99th
  • BOY 401(k)
  • BOY near Palo Alto Foundation Medical Group, Inc. 401(k) Plan
  • BOY ind #1105

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 Management of Enterprises retirement plans → · Plans in New Jersey →

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan in the asset neighbourhood

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings PlanPublic Service Enterprise Gr…$2.3BPalo Alto Foundation Medical Group, Inc. 401(k) PlanPalo Alto Foundation Medical…$2.3BCnh Industrial U.S. Retirement Savings PlanCnh Industrial U.S. Retireme…$2.3BThe Clorox Company 401(k) PlanThe Clorox Company 401(k) Pl…$2.3BParsons Corporation Retirement Savings PlanParsons Corporation Retireme…$2.3B
End-of-year total assets ($B) among Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$2.1B
Net Assets (End of Year)$2.3B
Net Income$159M
Employer EIN222625848
Plan Effective Date1981-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Public Service Enterprise Group Incorporated)

Sponsor-wide plan assets over time

All Public Service Enterprise Group Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$4.5B 50.79670162689594% vs 2022
2024 filing year
$2B$4B$6B$8B$10B 202220232024 $9.05B $4.45B ▼ -50.8%
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 Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan, Total assets ($B): 2.277238892 · Participants: 3869Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Palo Alto Foundation Medical Group, Inc. 401(k) Plan in CA ($2.3B); by covered participants it is Bcd Travel USA LLC Profit Sharing Retirement Plan in GA (3,869 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,869 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 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 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 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).
Which 401(k) plans cover a similar participant headcount to Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Bcd Travel USA LLC Profit Sharing Retirement Plan in GA (3,869 participants, $480M in assets).