Defined Benefit (Pension) · DOL Form 5500 · 2024

Essential Utilities, Inc. Pension Plan

Data updated 2026-08-11

$299M
Total assets: 508
Participants: 96th
Percentile by assets: $589,449
Avg per participant

Official DOL plan name: Essential Utilities, Inc. Pension Plan · Sponsored by Essential Utilities, Inc. · Pennsylvania · Utilities

$299M in assets, 508 participants

Essential Utilities, Inc.'s Essential Utilities, Inc. Pension Plan reported $299M in total assets and 508 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 123,622 plans)
#552 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Essential Utilities, Inc. Pension Plan ranks #552 of 732 2024 filers by assets (179% of the sector average)-$299M for 508 participants.

$299M
total plan assets (2024 EOY): 508
covered participants: 96th
percentile by assets (of 123,622 plans): $589,449
avg assets per participant

The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Essential Utilities, Inc. Pension Plan reported net income rose from -$31M in the plan year 2023 filing to -$22M in the plan year 2024 filing.
Essential Utilities, Inc. Pension Plan reported participants fell from 579 in the plan year 2023 filing to 508 in the plan year 2024 filing.
Essential Utilities, Inc. Pension Plan end-of-year assets fell from $322M in the plan year 2023 filing to $299M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Pennsylvania

Industry

Utilities

Rank #552 in Utilities

Among 732 Utilities plans that filed a Form 5500 for plan year 2024, Essential Utilities, Inc. Pension Plan ranks #552 by end-of-year assets - about 179% of the sector average of $537M. Nationally it sits in the 96th percentile, a weaker position within its industry than across all filers.

Utilities filing particulars

Total Assets (Beginning of Year)	$322M
Net Assets (End of Year)	$299M
Net Income	-$22M
Employer EIN	231702594
Plan Effective Date	1944-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Essential Utilities, Inc.)

Total plan assets by year, all Essential Utilities, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	2,324	$856M
2023	2	3,703	$880M
2024	2	3,778	$923M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Essential Utilities, Inc. Pension 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

Compare Essential Utilities, Inc. Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Essential Utilities, Inc. Pension Plan by total assets, not by location.

Inlandboatmen's Union of the Pacific National Pension Plan (OR) $300M · N/A
Volvo Group North America New River Valley Pension Plan (NC) $300M · 1,209
Northern Light Health Retirement Partnership Plan (ME) $299M · 4,838
Massachusetts Service Employees' Pension Fund (NY) $300M · 12,813

Frequently Asked Questions

How did Essential Utilities, Inc. Pension Plan assets move in 2024? ▼

Essential Utilities, Inc. Pension Plan pulled back noticeably - down 6.9% during 2024, from $322M to $299M. Reported net income was -$22M.

How have Essential Utilities, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Essential Utilities, Inc.'s sponsor-wide assets grew 7.8%, from $856M to $923M.

Where does Essential Utilities, Inc. Pension Plan rank by assets among Form 5500 filers? ▼

Essential Utilities, Inc. Pension Plan ranks in the 96th 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 Essential Utilities, Inc. Pension Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Inlandboatmen's Union of the Pacific National Pension Plan in OR ($300M, N/A participants).

Next read for Essential Utilities, Inc. Pension Plan

Filing takeaways

Ways to act on Essential Utilities, Inc. Pension Plan's numbers.

By total assets, Essential Utilities, Inc. Pension 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 Pennsylvania. Compare plans
Essential Utilities, Inc.'s sponsor-wide assets have grown 7.8% 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 231702594.