Defined Benefit (Pension) · DOL Form 5500 · 2024
Ppl Services Corporation Pension Plan
Data updated 2026-08-11
- $570M
- Total assets
- 507
- Participants
- 97th
- Percentile by assets
- $1.1M
- Avg per participant
Official DOL plan name: Rhode Island Energy Retirement Plan · Sponsored by Ppl Services Corporation · Pennsylvania · Utilities
$570M in assets, 507 participants
Ppl Services Corporation's Rhode Island Energy Retirement Plan reported $570M in total assets and 507 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.
- 97th percentile by assets (of 123,622 plans)
- #600 in Utilities (732 peers)
Where Rhode Island Energy Retirement Plan sits by assets
Rhode Island Energy Retirement Plan sits in the top 5% of all filed plans by assets, $570M for 507 participants (~$1.1M/participant), down 2.9% in 2024.
- $570M
- total plan assets (2024 EOY)
- 507
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $1.1M
- avg assets per participant
The plan reported a net loss of $17M 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
- Rhode Island Energy Retirement Plan reported net income fell from -$3M in the plan year 2023 filing to -$17M in the plan year 2024 filing.
- Rhode Island Energy Retirement Plan reported participants fell from 546 in the plan year 2023 filing to 507 in the plan year 2024 filing.
- Rhode Island Energy Retirement Plan end-of-year assets fell from $587M in the plan year 2023 filing to $570M in the plan year 2024 filing.
Rhode Island Energy Retirement Plan vs the 2024 asset distribution
By assets, Rhode Island Energy Retirement Plan outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 5.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $587M |
|---|---|
| Net Assets (End of Year) | $570M |
| Net Income | -$17M |
| Employer EIN | 233041441 |
| Plan Effective Date | 2022-05-25 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Ppl Services Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 7 | 6,621 | $3.2B |
| 2023 | 7 | 5,488 | $3.5B |
| 2024 | 7 | 6,800 | $3.5B |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Rhode Island Energy Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
- National Elevator Industry Pension Plan $12.2B · 28,308
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Rhode Island Energy Retirement Plan by total assets, not by location.
- West Virginia Laborers Pension Trust Fund (WV) $570M · 2,390
- 1199seiu Home Care Employees Pension Fund (NY) $569M · 32,875
- Retirement Plan for Employees of the Univ of Miami (FL) $567M · 1,919
- Detroit Medical Center Consolidated Pension Plan (MI) $573M · 1,599
Frequently Asked Questions
How did Rhode Island Energy Retirement Plan assets move in 2024? ▼
How have Ppl Services Corporation plan assets changed over time? ▼
Where does Rhode Island Energy Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Rhode Island Energy Retirement Plan? ▼
Next read for Rhode Island Energy Retirement Plan
Scale reading
Ways to act on Rhode Island Energy Retirement Plan's numbers.
- By total assets, Rhode Island Energy Retirement Plan 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 Pennsylvania. Compare plans
- Ppl Services Corporation's sponsor-wide assets have grown 9.7% since 2022 across 3 plan years on file. More Utilities plans