Defined Benefit (Pension) · DOL Form 5500 · 2024

Pedernales Electric Cooperative, Inc. Pension Plan

Data updated 2026-08-11

$238M
Total assets: 169
Participants: 95th
Percentile by assets: $1.4M
Avg per participant

Official DOL plan name: Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan · Sponsored by Pedernales Electric Cooperative, Inc. · Texas · Utilities

$238M in assets, 169 participants

Pedernales Electric Cooperative, Inc.'s Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan reported $238M in total assets and 169 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 123,622 plans)
#532 in Utilities (732 peers)

Coverage in Texas

Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan covers 169 participants in Texas, about 25% of the average Texas filer (state average ~688 per filing). Assets: $238M.

$238M
total plan assets (2024 EOY): 169
covered participants: 95th
percentile by assets (of 123,622 plans): $1.4M
avg assets per participant

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan reported net income fell from $18M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan reported participants fell from 183 in the plan year 2023 filing to 169 in the plan year 2024 filing.
Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan end-of-year assets fell from $239M in the plan year 2023 filing to $238M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Texas

Industry

Utilities

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan reports 169 participants - about 25% of that state average ($238M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)	$239M
Net Assets (End of Year)	$238M
Net Income	-$1M
Employer EIN	740828412
Plan Effective Date	1964-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Pedernales Electric Cooperative, Inc.)

Total plan assets by year, all Pedernales Electric Cooperative, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	1,072	$364M
2023	2	1,080	$415M
2024	2	1,115	$436M

Nearby Defined Benefit (Pension) Plans in Texas

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

Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

AT&T Pension Benefit Plan $28.3B · 100,400
Exxonmobil Pension Plan $12.1B · 22,000
Chevron Retirement Plan $9.7B · 21,297
Shell Pension Plan $9.7B · 12,688
Caterpillar Inc. Retirement Income Plan $9.2B · 11,498

Compare Pedernales Electric Cooperative, Inc. Em… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan by total assets, not by location.

Asbestos Workers Philadelphia Pension Fund (PA) $238M · 466
Local 153-Ghi Pension Plan (NY) $237M · 126
Park National Corporation Defined Benefit Pension Plan (OH) $238M · 1,456
Sempra Cash Balance Plan (CA) $238M · 775

Frequently Asked Questions

How did Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan assets move in 2024? ▼

Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan held essentially flat - down 0.5% during 2024, from $239M to $238M. Reported net income was -$1M.

How have Pedernales Electric Cooperative, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Pedernales Electric Cooperative, Inc.'s sponsor-wide assets grew 20.0%, from $364M to $436M.

Where does Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan rank by assets among Form 5500 filers? ▼

Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan ranks in the 95th percentile by end-of-year assets among 123,622 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 Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Asbestos Workers Philadelphia Pension Fund in PA ($238M, 466 participants).

Next read for Pedernales Electric Cooperative, Inc. Em…

Filing takeaways

Ways to act on Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan's numbers.

By total assets, Pedernales Electric Cooperative, Inc. Employees Defined Benefit Retirement Plan 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 Texas. Compare plans
Pedernales Electric Cooperative, Inc.'s sponsor-wide assets have grown 20.0% 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 740828412.