Defined Benefit (Pension) · DOL Form 5500 · 2024

Ppl Services Corporation Pension Plan

Data updated 2026-08-25

$1.5B
Total assets Very large vs avg
1,035
Participants Near avg headcount
99th
Percentile by assets National rank
$1.4M
Avg per participant High balance/head
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Official DOL plan name: Ppl Retirement Plan · Sponsored by Ppl Services Corporation · Pennsylvania · Utilities

$1.5B in assets, 1,035 participants

Ppl Services Corporation's Ppl Retirement Plan reported $1.5B in total assets and 1,035 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.

  • #668 in Utilities (732 peers)

Where Ppl Retirement Plan sits by assets

Ppl Retirement Plan sits among the largest 1% of all filed plans, $1.5B for 1,035 participants (~$1.4M/participant), down 8.4% in 2024.

#668
in Utilities (732 peers)
-8.4%
assets change YoY
15×
vs typical plan assets (national mean)

The plan reported a net loss of $134M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ppl Retirement Plan's outsized position by total assets

Ppl Retirement Plan vs every filed plan by assets

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

$1,460,225,564 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

Ppl Retirement 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. Ppl Retirement Plan lands in the large band (1,035 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ppl Retirement Plan reported net income fell from $30M in the plan year 2023 filing to -$134M in the plan year 2024 filing.
  • Ppl Retirement Plan end-of-year assets fell from $1.6B in the plan year 2023 filing to $1.5B in the plan year 2024 filing.
  • Ppl Retirement Plan reported participants fell from 1,118 in the plan year 2023 filing to 1,035 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 233041441 · Ppl Services Corporation PY 2024 · Defined Benefit (Pension)

Ppl Retirement Plan · $1.5B · 1,035 · 99th

  • VS-ST $1.5B
  • VS-ST 1,035
  • VS-ST 99th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Principal Cash Balance Plan
  • VS-ST ind #668

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 Pennsylvania →

Ppl Retirement Plan in the asset neighbourhood

Principal Cash Balance Plan$1.5BAon Retirement Pension Plan$1.5BNyu Langone Hospitals Retirement PlanNyu Langone Hospitals Retire…$1.5BPpl Retirement Plan$1.5BCarpenters Pension Trust Fund of Kansas CityCarpenters Pension Trust Fun…$1.5B
End-of-year total assets ($B) among Ppl Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.5B
Net Income-$134M
Employer EIN233041441
Plan Effective Date1941-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ppl Services Corporation)

Sponsor-wide plan assets over time

All Ppl Services Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3.5B 9.676884907020101% vs 2022
2024 filing year
$3.2B$3.3B$3.4B$3.5B$3.6B 202220232024 $3.24B $3.55B ▲ +9.6%
Year Plans Participants Total Assets
2022 7 6,621 $3.2B
2023 7 5,488 $3.5B
2024 7 6,800 $3.5B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Ppl Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Ppl Retirement Plan, Total assets ($B): 1.460225564 · Participants: 1035Ppl Retirement PlanNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Ppl Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Ppl Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Principal Cash Balance Plan in IA ($1.5B); by covered participants it is The Martin-Brower Company Consolidated Pension Plan in IL (1,036 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (1,035 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 Ppl Retirement Plan assets move in 2024? ▼
Ppl Retirement Plan pulled back noticeably - down 8.4% during 2024, from $1.6B to $1.5B. Reported net income was -$134M.
How have Ppl Services Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ppl Services Corporation's sponsor-wide assets grew 9.7%, from $3.2B to $3.5B.
Where does Ppl Retirement Plan rank by assets among Form 5500 filers? ▼
Ppl Retirement 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 Defined Benefit (Pension) plans are similar in size to Ppl Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Principal Cash Balance Plan in IA ($1.5B, 11,945 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ppl Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Martin-Brower Company Consolidated Pension Plan in IL (1,036 participants, $66K in assets).