Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

Portland General Electric Company Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Portland General Electric Company · Oregon · Utilities

What the 2023 filing shows

Portland General Electric Company Pension Plan holds $492M for 792 participants — about $620,985 per participant, down 7.9% over the 2024 plan year.

$492M
total plan assets (2024 EOY)
792
covered participants
$620,985
avg assets per participant
-7.9%
assets change YoY

The plan reported a net loss of $42M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$492M
Participants
792
State
Industry
Utilities

What the Filing Says About Portland General Electric Company Pension Plan

Portland General Electric Company Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Portland General Electric Company, headquartered in Oregon. As of the 2024 Form 5500 filing, the plan reports $492M in total end-of-year assets and covers 792 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 930256820, and the plan has been effective since 1945-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $534M at the beginning of 2024 to $492M at year-end — a decline of 7.9%. Net assets (after liabilities) closed the year at $491M, with reported net income of $-41,875,469 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$534M
Total Assets (End of Year)$492M
Net Assets (End of Year)$491M
Net Income$-41,875,469
Plan TypeDefined Benefit (Pension)
Employer EIN930256820
Plan Effective Date1945-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Portland General Electric Company)

Year Plans Participants Total Assets
2022 2 3,842 $1.5B
2023 2 3,759 $1.6B
2024 2 3,634 $1.7B

Nearby Defined Benefit (Pension) Plans in Oregon

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

Frequently Asked Questions

How much money is in the Portland General Electric Company Pension Plan?
As of the 2024 Form 5500 filing, Portland General Electric Company Pension Plan holds $492M in total assets with 792 participants. It is sponsored by Portland General Electric Company.
What type of plan is Portland General Electric Company Pension Plan?
Portland General Electric Company Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1945-10-01. The plan is filed with the U.S. Department of Labor under EIN 930256820.
Who sponsors the Portland General Electric Company Pension Plan?
Portland General Electric Company Pension Plan is sponsored by Portland General Electric Company, located in Oregon. The sponsor's EIN is 930256820 and the plan operates in the Utilities industry.
How did Portland General Electric Company Pension Plan perform in 2024?
Portland General Electric Company Pension Plan declined by 7.9% during 2024, moving from $534M to $492M in total assets. Net income was $-41,875,469.
Where can I find official filings for Portland General Electric Company Pension Plan?
Official Form 5500 filings for Portland General Electric Company Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 930256820 or plan name at efast.dol.gov.
How does Portland General Electric Company Pension Plan compare to other plans?
You can compare Portland General Electric Company Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Oregon on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 930256820.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.