Defined Benefit (Pension) · DOL Form 5500 · 2024

Puget Sound Energy, Inc. Pension Plan

Data updated 2026-07-24

$830M
Total assets: 1,858
Participants: 98th
Percentile by assets: $446,767
Avg per participant

Official DOL plan name: Retirement Plan for Employees of Puget Sound Energy, Inc. · Sponsored by Puget Sound Energy, Inc. · Washington · Utilities

$830M in assets, 1,858 participants

Puget Sound Energy, Inc.'s Retirement Plan for Employees of Puget Sound Energy, Inc. reported $830M in total assets and 1,858 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 116,472 plans)

Where Retirement Plan for Employees of Puget Sound Energy, Inc. sits by assets

Retirement Plan for Employees of Puget Sound Energy, Inc. sits in the top 5% of all filed plans by assets, $830M for 1,858 participants (~$446,767/participant), up 5.7% in 2024.

$830M
total plan assets (2024 EOY): 1,858
covered participants: 98th
percentile by assets (of 116,472 plans): $446,767
avg assets per participant

Retirement Plan for Employees of Puget Sound Energy, Inc. reported net income fell from $87M in the plan year 2023 filing to $26M in the plan year 2024 filing.
Retirement Plan for Employees of Puget Sound Energy, Inc. end-of-year assets rose from $786M in the plan year 2023 filing to $830M in the plan year 2024 filing.
Retirement Plan for Employees of Puget Sound Energy, Inc. reported participants fell from 1,911 in the plan year 2023 filing to 1,858 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Washington

Industry

Utilities

Retirement Plan for Employees of Puget Sound Energy, Inc. vs the 2024 asset distribution

By assets, Retirement Plan for Employees of Puget Sound Energy, Inc. outranks 98% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 8.3x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$786M
Net Assets (End of Year)	$777M
Net Income	$26M
Employer EIN	910374630
Plan Effective Date	1958-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Puget Sound Energy, Inc.)

Total plan assets by year, all Puget Sound Energy, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	5,223	$1.7B
2023	2	5,217	$2.0B
2024	2	5,261	$2.2B

Nearby Defined Benefit (Pension) Plans in Washington

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

Retirement Plan for Employees of Puget Sound Energy, Inc. vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants

Western Conference of Teamsters Pension Plan $56.4B · 231,156
The Pension Value Plan for Employees of the Boeing Company $23.3B · 29,538
The Boeing Company Employee Retirement Plan $15.4B · 31,398
Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan $3.3B · 8,695
Paccar Inc Retirement Plan $2.7B · 10,345

Compare Retirement Plan for Employees of Puget S… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Retirement Plan for Employees of Puget Sound Energy, Inc. by total assets, not by location.

Jones Day Qualified Defined Benefit Plan (OH) $831M · 949
Retirement Plan for Employees and Representatives of Woodmenlife (NE) $828M · 257
Jm Family Associates' Retirement Plan (FL) $828M · 3,992
Pension Plan of L'oreal USA, Inc. (NJ) $833M · 7,011

Frequently Asked Questions

How did Retirement Plan for Employees of Puget Sound Energy, Inc. assets move in 2024? ▼

Retirement Plan for Employees of Puget Sound Energy, Inc. grew at a solid clip - up 5.7% during 2024, from $786M to $830M. Reported net income was $26M.

How have Puget Sound Energy, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Puget Sound Energy, Inc.'s sponsor-wide assets grew 25.8%, from $1.7B to $2.2B.

Where does Retirement Plan for Employees of Puget Sound Energy, Inc. rank by assets among Form 5500 filers? ▼

Retirement Plan for Employees of Puget Sound Energy, Inc. ranks in the 98th percentile by end-of-year assets among 116,472 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 Employees of Puget Sound Energy, Inc.? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Jones Day Qualified Defined Benefit Plan in OH ($831M, 949 participants).

Next read for Retirement Plan for Employees of Puget S…

Scale reading

Ways to act on Retirement Plan for Employees of Puget Sound Energy, Inc.'s numbers.

By total assets, Retirement Plan for Employees of Puget Sound Energy, Inc. 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 Washington. Compare plans
Puget Sound Energy, Inc.'s sponsor-wide assets have grown 25.8% 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 910374630.

Read our methodology - how this data is sourced, computed, and verified.

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