Defined Benefit (Pension) · DOL Form 5500 · 2024

Puget Sound Energy, Inc. Pension Plan

Data updated 2026-08-25

$830M
Total assets Above avg plan size
1,858
Participants Near avg headcount
98th
Percentile by assets National rank
$446,767
Avg per participant High balance/head
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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.

  • #627 in Utilities (732 peers)

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.

#627
in Utilities (732 peers)
+5.7%
assets growth YoY
8.3×
vs typical plan assets (national mean)

Retirement Plan for Employees of Puget Sound Energy, Inc.'s outsized position by total assets

Retirement Plan for Employees of Puget Sound Energy, Inc. vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$830,092,891 Top 2% higher than 98% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Retirement Plan for Employees of Puget Sound Energy, Inc.'s large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan for Employees of Puget Sound Energy, Inc. lands in the large band (1,858 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Published 5500 schedule card

Filing strip 910374630 · Puget Sound Energy, Inc. PY 2024 · Defined Benefit (Pension)

Retirement Plan for Employees of Puget Sound Energy, Inc. · $830M · 1,858 · 98th

  • EIN $830M
  • EIN 1,858
  • EIN 98th
  • EIN Defined Benefit (Pension)
  • EIN near Jones Day Qualified Defined Benefit Plan
  • EIN ind #627

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 Washington →

Retirement Plan for Employees of Puget Sound Energy, Inc. in the asset neighbourhood

Georgia Stevedore Association International Longshoremen's Association Pension PlanGeorgia Stevedore Associatio…$832MJones Day Qualified Defined Benefit PlanJones Day Qualified Defined …$831MRetirement Plan for Employees of Puget Sound Energy, Inc.Retirement Plan for Employee…$830MRetirement Plan for Employees and Representatives of WoodmenlifeRetirement Plan for Employee…$828MJm Family Associates' Retirement PlanJm Family Associates' Retire…$828M
End-of-year total assets ($M) among Retirement Plan for Employees of Puget Sound Energy, Inc. and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$786M
Net Assets (End of Year)$777M
Net Income$26M
Employer EIN910374630
Plan Effective Date1958-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Puget Sound Energy, Inc.)

Sponsor-wide plan assets over time

All Puget Sound Energy, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.2B 25.75939147092969% vs 2022
2024 filing year
$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.73B $2.17B ▲ +25.4%
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 Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Retirement Plan for Employees of Puget Sound Energy, Inc., Total assets ($B): 0.830092891 · Participants: 1858Retirement Plan for Employees of Puget Sound Energy, Inc.Western Conference of Teamsters Pension Plan, Total assets ($B): 56.4105157 · Participants: 231156Western Conference of Teamsters Pension PlanThe Pension Value Plan for Employees of the Boeing Company, Total assets ($B): 23.342502332 · Participants: 29538The Pension Value Plan for Employees of the Boeing CompanyThe Boeing Company Employee Retirement Plan, Total assets ($B): 15.379508818 · Participants: 31398The Boeing Company Employee Retirement PlanLocals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan, Total assets ($B): 3.327244882 · Participants: 8695Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement PlanPaccar Inc Retirement Plan, Total assets ($B): 2.704439451 · Participants: 10345Paccar Inc Retirement Plan
Retirement Plan for Employees of Puget Sound Energy, Inc. vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants
Compare Retirement Plan for Employees of Puget Sound Energy, Inc. side-by-side with 3 peers →

Retirement Plan for Employees of Puget Sound Energy, Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Washington, the nearest Defined Benefit (Pension) by assets is Jones Day Qualified Defined Benefit Plan in OH ($831M); by covered participants it is I.U.O.E. Local 132 Pension Fund in WV (1,858 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,858 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.

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 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan for Employees of Puget Sound Energy, Inc.? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is I.U.O.E. Local 132 Pension Fund in WV (1,858 participants, $559M in assets).

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.