Defined Benefit (Pension) · DOL Form 5500 · 2024
Portland General Electric Company Pension Plan
Data updated 2026-08-25
- $492M
- Total assets Above avg plan size
- 792
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $620,985
- Avg per participant High balance/head
Official DOL plan name: Portland General Electric Company Pension Plan · Sponsored by Portland General Electric Company · Oregon · Utilities
$492M in assets, 792 participants
Portland General Electric Company's Portland General Electric Company Pension Plan reported $492M in total assets and 792 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- #589 in Utilities (732 peers)
Where Portland General Electric Company Pension Plan sits by assets
Portland General Electric Company Pension Plan sits in the top 5% of all filed plans by assets, $492M for 792 participants (~$620,985/participant), down 7.9% in 2024.
- #589
- in Utilities (732 peers)
- -7.9%
- assets change YoY
- 4.9×
- vs typical plan assets (national mean)
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.
Portland General Electric Company Pension Plan's outsized position by total assets
Portland General Electric Company Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$491,820,114 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Portland General Electric Company Pension Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Portland General Electric Company Pension Plan sits mid-pack in the medium band (792 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Portland General Electric Company Pension Plan reported net income fell from -$14M in the plan year 2023 filing to -$42M in the plan year 2024 filing.
- Portland General Electric Company Pension Plan end-of-year assets fell from $534M in the plan year 2023 filing to $492M in the plan year 2024 filing.
- Portland General Electric Company Pension Plan reported participants fell from 824 in the plan year 2023 filing to 792 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 930256820 · Portland General Electric Company PY 2024 · Defined Benefit (Pension)
Portland General Electric Company Pension Plan · $492M · 792 · 97th
- EOY $492M
- EOY 792
- EOY 97th
- EOY Defined Benefit (Pension)
- EOY near Western States Insulators and Allied Workers' Pension Plan
- EOY ind #589
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 Oregon →
Portland General Electric Company Pension Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $534M |
|---|---|
| Net Assets (End of Year) | $491M |
| Net Income | -$42M |
| Employer EIN | 930256820 |
| Plan Effective Date | 1945-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Portland General Electric Company)
Sponsor-wide plan assets over time
All Portland General Electric Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.7B 13.658053148097075% vs 2022
- 2024 filing year
| 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.
- Northwest Sheet Metal Workers Pension Plan $1.7B · 4,783
- Xpo Pension Plan $1.5B · 4,421
- Ua Local 290 Plumber, Steamfitter & Shipfitter Pension Plan $1.3B · 3,464
- Precision Castparts Corp. Retirement Plan $1.2B · 1,890
- Oregon Retail Employees Pension Plan $1.2B · 21,971
Portland General Electric Company Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Oregon, the nearest Defined Benefit (Pension) by assets is Western States Insulators and Allied Workers' Pension Plan in CA ($492M); by covered participants it is Waste Management Pension Plan for Collectively Bargained Employees in TX (793 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($492M here).
- Western States Insulators and Allied Workers' Pension Plan (CA) $492M · 3,301
- Consolidated Retirement Plan (NY) $492M · 1,046
- Motiva Pension Plan (TX) $491M · 2,510
- The Auto Club Group Cash Value Plan Pension Plan (MI) $493M · 1,194
Similar participant headcount
Nearest other-state filings by covered participants (792 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.