401(k) · DOL Form 5500 · 2024

Ppl Services Corporation 401(k) Plan

Data updated 2026-08-11

$618M
Total assets
506
Participants
98th
Percentile by assets
$1.2M
Avg per participant
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Official DOL plan name: Ppl Deferred Savings Plan · Sponsored by Ppl Services Corporation · Pennsylvania · Utilities

$618M in assets, 506 participants

Ppl Services Corporation's Ppl Deferred Savings Plan reported $618M in total assets and 506 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #607 in Utilities (732 peers)

Where Ppl Deferred Savings Plan sits by assets

Ppl Deferred Savings Plan sits in the top 5% of all filed plans by assets, $618M for 506 participants (~$1.2M/participant), up 11.1% in 2024.

$618M
total plan assets (2024 EOY)
506
covered participants
98th
percentile by assets (of 123,622 plans)
$1.2M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ppl Deferred Savings Plan reported net income fell from $70M in the plan year 2023 filing to $39M in the plan year 2024 filing.
  • Ppl Deferred Savings Plan end-of-year assets rose from $556M in the plan year 2023 filing to $618M in the plan year 2024 filing.
  • Ppl Deferred Savings Plan reported participants rose from 469 in the plan year 2023 filing to 506 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Ppl Deferred Savings Plan vs the 2024 asset distribution

By assets, Ppl Deferred Savings Plan outranks 98% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 6.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$556M
Net Assets (End of Year)$618M
Net Income$39M
Employer EIN233041441
Plan Effective Date1983-02-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Ppl Services Corporation)

$3.2B$3.3B$3.4B$3.5B$3.6B 202220232024 $3.24B $3.55B ▲ +9.6%
Total plan assets by year, all Ppl Services Corporation plans on file
Year Plans Participants Total Assets
2022 7 6,621 $3.2B
2023 7 5,488 $3.5B
2024 7 6,800 $3.5B

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Ppl Deferred Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Ppl Deferred Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Ppl Deferred Savings…Comcast Corporation …The Cigna Group 401(…The Vanguard Retirem…Thermo Fisher Scient…The PNC Financial Se…
Ppl Deferred Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ppl Deferred Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Ppl Deferred Savings Plan assets move in 2024?
Ppl Deferred Savings Plan grew at a solid clip - up 11.1% during 2024, from $556M to $618M. Reported net income was $39M.
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 Deferred Savings Plan rank by assets among Form 5500 filers?
Ppl Deferred Savings Plan ranks in the 98th 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 401(k) plans are similar in size to Ppl Deferred Savings Plan?
Among 401(k) plans in other states, the closest by assets is A O Smith Retirement Security Plan in WI ($618M, 4,837 participants).

Scale reading

Ways to act on Ppl Deferred Savings Plan's numbers.

  • By total assets, Ppl Deferred Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) 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