Defined Benefit (Pension) · DOL Form 5500 · 2024
Ppl Services Corporation Pension Plan
Data updated 2026-08-11
- $1.5B
- Total assets
- 1,035
- Participants
- 99th
- Percentile by assets
- $1.4M
- Avg per participant
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.
- 99th percentile by assets (of 123,622 plans)
- #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.
- $1.5B
- total plan assets (2024 EOY)
- 1,035
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $1.4M
- avg assets per participant
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.
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.
Ppl Retirement Plan vs the 2024 asset distribution
By assets, Ppl Retirement Plan outranks 99% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 15x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $1.6B |
|---|---|
| Net Assets (End of Year) | $1.5B |
| Net Income | -$134M |
| Employer EIN | 233041441 |
| Plan Effective Date | 1941-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Ppl Services Corporation)
| 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
- National Elevator Industry Pension Plan $12.2B · 28,308
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Ppl Retirement Plan by total assets, not by location.
- Principal Cash Balance Plan (IA) $1.5B · 11,945
- Aon Retirement Pension Plan (GA) $1.5B · 1,646
- Nyu Langone Hospitals Retirement Plan (NY) $1.5B · 2,774
- Carpenters Pension Trust Fund of Kansas City (MO) $1.5B · 6,218
Frequently Asked Questions
How did Ppl Retirement Plan assets move in 2024? ▼
How have Ppl Services Corporation plan assets changed over time? ▼
Where does Ppl Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Ppl Retirement Plan? ▼
Next read for Ppl Retirement Plan
Scale reading
Ways to act on Ppl Retirement Plan's numbers.
- By total assets, Ppl Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
- Ppl Services Corporation's sponsor-wide assets have grown 9.7% since 2022 across 3 plan years on file. More Utilities plans