401(k) · DOL Form 5500 · 2024

Pg&e Corporation 401(k) Plan

Data updated 2026-08-11

$5.0B
Total assets
17,143
Participants
100th
Percentile by assets
$289,812
Avg per participant
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Official DOL plan name: Pg&e Corp. Retirement Savings Plan for Union-Represented Employees · Sponsored by Pg&e Corporation · California · Utilities

$5.0B in assets, 17,143 participants

Pg&e Corporation's Pg&e Corp. Retirement Savings Plan for Union-Represented Employees reported $5.0B in total assets and 17,143 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 123,622 plans)
  • #712 in Utilities (732 peers)

Coverage in California

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees covers 17,143 participants in California, 27x the typical California plan (state average ~630 per filing). Assets: $5.0B.

$5.0B
total plan assets (2024 EOY)
17,143
covered participants
100th
percentile by assets (of 123,622 plans)
$289,812
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pg&e Corp. Retirement Savings Plan for Union-Represented Employees reported net income fell from $715M in the plan year 2023 filing to $608M in the plan year 2024 filing.
  • Pg&e Corp. Retirement Savings Plan for Union-Represented Employees end-of-year assets rose from $4.4B in the plan year 2023 filing to $5.0B in the plan year 2024 filing.
  • Pg&e Corp. Retirement Savings Plan for Union-Represented Employees reported participants rose from 15,679 in the plan year 2023 filing to 17,143 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Pg&e Corp. Retirement Savings Plan for Union-Represented Employees reports 17,143 participants - 27x that state average ($5.0B EOY assets).

California filing particulars

Total Assets (Beginning of Year)$4.4B
Net Assets (End of Year)$5.0B
Net Income$608M
Employer EIN943234914
Plan Effective Date2000-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pg&e Corporation)

$7B$8B$9B$10B$11B 202220232024 $7.3B $9.83B ▲ +34.7%
Total plan assets by year, all Pg&e Corporation plans on file
Year Plans Participants Total Assets
2022 2 26,715 $7.3B
2023 2 25,204 $8.6B
2024 2 27,374 $9.8B

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees vs. nearby 401(k) plans in California, assets vs. participants

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 0102030405060 Total assets ($B) Participants Pg&e Corp. Retiremen…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) PlanCisco Systems,Inc. 4…
Pg&e Corp. Retirement Savings Plan for Union-Represented Employees vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Pg&e Corp. Retirement Savings Plan for Union-Represented Employees

Pg&e Corp. Retirement Savings Plan for Union-Represented Employees reports $5.0B in end-of-year assets across 17,143 participants (0.040% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.018% of 93,925,755 covered participants) - about $289,812 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2024 was $608M.

This plan identity (EIN 943234914, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.7B to $5.0B (+33.3%) while covered participants moved from 16,603 to 17,143 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 16,603 $3.7B Open filing
2023 15,679 $4.4B Open filing
2024 · index core 17,143 $5.0B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Pg&e Corp. Retirement Savings Plan for Union-Represented Employees by total assets, not by location.

Frequently Asked Questions

How did Pg&e Corp. Retirement Savings Plan for Union-Represented Employees assets move in 2024?
Pg&e Corp. Retirement Savings Plan for Union-Represented Employees grew at a solid clip - up 13.0% during 2024, from $4.4B to $5.0B. Reported net income was $608M.
How have Pg&e Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Pg&e Corporation's sponsor-wide assets grew 34.6%, from $7.3B to $9.8B.
Where does Pg&e Corp. Retirement Savings Plan for Union-Represented Employees rank by assets among Form 5500 filers?
Pg&e Corp. Retirement Savings Plan for Union-Represented Employees ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Pg&e Corp. Retirement Savings Plan for Union-Represented Employees?
Among 401(k) plans in other states, the closest by assets is Bmo 401(k) Savings Plan in IL ($5.0B, 20,280 participants).

Next read for Pg&e Corp. Retirement Savings Plan for U…

Filing takeaways

Ways to act on Pg&e Corp. Retirement Savings Plan for Union-Represented Employees's numbers.

  • By total assets, Pg&e Corp. Retirement Savings Plan for Union-Represented Employees ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
  • Pg&e Corporation's sponsor-wide assets have grown 34.6% since 2022 across 3 plan years on file. More Utilities plans