Defined Benefit (Pension) · DOL Form 5500 · 2024

Northwest Natural Gas Company Pension Plan

Data updated 2026-08-11

$294M
Total assets
311
Participants
96th
Percentile by assets
$944,669
Avg per participant
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Official DOL plan name: Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company · Sponsored by Northwest Natural Gas Company · Oregon · Utilities

$294M in assets, 311 participants

Northwest Natural Gas Company's Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company reported $294M in total assets and 311 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)
  • #550 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company ranks #550 of 732 2024 filers by assets (183% of the sector average)-$294M for 311 participants.

$294M
total plan assets (2024 EOY)
311
covered participants
96th
percentile by assets (of 123,622 plans)
$944,669
avg assets per participant

The plan reported a net loss of $8M 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

  • Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company reported net income fell from $14M in the plan year 2023 filing to -$8M in the plan year 2024 filing.
  • Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company reported participants fell from 346 in the plan year 2023 filing to 311 in the plan year 2024 filing.
  • Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company end-of-year assets fell from $295M in the plan year 2023 filing to $294M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Rank #550 in Utilities

Among 732 Utilities plans that filed a Form 5500 for plan year 2024, Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company ranks #550 by end-of-year assets - about 183% 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)$295M
Net Assets (End of Year)$287M
Net Income-$8M
Employer EIN930256722
Plan Effective Date1950-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwest Natural Gas Company)

$500M$550M$600M$650M 202220232024 $538M $637M ▲ +18.4%
Total plan assets by year, all Northwest Natural Gas Company plans on file
Year Plans Participants Total Assets
2022 2 1,541 $538M
2023 2 1,482 $593M
2024 2 1,504 $637M

Nearby Defined Benefit (Pension) Plans in Oregon

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

Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company vs. nearby Defined Benefit (Pension) plans in Oregon, assets vs. participants

Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company vs. nearby Defined Benefit (Pension) plans in Oregon, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 00.511.52 Total assets ($B) Participants Retirement Plan for …Northwest Sheet Meta…Xpo Pension PlanUa Local 290 Plumber…Precision Castparts …Oregon Retail Employ…
Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company vs. nearby Defined Benefit (Pension) plans in Oregon, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company by total assets, not by location.

Frequently Asked Questions

How did Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company assets move in 2024?
Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company held essentially flat - down 0.2% during 2024, from $295M to $294M. Reported net income was -$8M.
How have Northwest Natural Gas Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Northwest Natural Gas Company's sponsor-wide assets grew 18.4%, from $538M to $637M.
Where does Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company rank by assets among Form 5500 filers?
Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company 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 Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Kamehameha Schools Retirement Plan in HI ($294M, 1,010 participants).

Next read for Retirement Plan for Bargaining Unit and …

Filing takeaways

Ways to act on Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company's numbers.

  • By total assets, Retirement Plan for Bargaining Unit and Non-Bargaining Unit Employees of Northwest Natural Gas Company 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 Oregon. Compare plans
  • Northwest Natural Gas Company's sponsor-wide assets have grown 18.4% since 2022 across 3 plan years on file. More Utilities plans