Plan Ledger DOL Form 5500 · updated monthly

Pg&E Corporation401(k) + ESOP (KSOP)

PG&E CORP. RETIREMENT SAVINGS PLAN FOR UNION-REPRESENTED EMPLOYEES · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Pg&E Corporation reported $3,051,000 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $5,257 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.08% to 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other utilities employers. By assets it is the 32nd-largest of 9,483 plans among California employers on file, and the 11th of 412 in utilities. In 2024, employees put in $2.89 for every $1.00 the employer contributed; active participation has grown from 15,679 to 17,676 since 2022.

Plan summary
Net assets, end of year$4,968,099,000
Participants with balances20,021
Active participants17,676
Employer contributions$92,923,000
Employee contributions$268,109,000
Employer contribution per active participant$5,257
Average account balance$248,144
Benefits paid to participants$355,401,000
Plan auditUnmodified (clean) audit opinion
AuditorMAH & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.0B · 20,021 accts · $92.9M emplr
2023$4.4B · 19,418 accts · $84.9M emplr
2022$3.7B · 18,052 accts · $76.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$606,000
Investment management$2,445,000
Total administrative$3,051,000
The Pg&E Corporation 401(k) match · 2024
Employer contribution per active participant$5,257
Median for plans this size$5,259
2024$5,257 per active participant
2023$4,953 per active participant
2022$4,884 per active participant

Pg&E Corporation's 2024 employer contribution ran below the $5,259 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EDELMAN FINANCIAL ENGINES · Investment advisory (plan)$2,445,009
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$556,368

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$3,051,000 · 0.07%
2023$2,940,000 · 0.07%
2022$3,374,000 · 0.08%
All plans at this employer2
PG&E CORPORATION RETIREMENT SAVINGS PLAN401(k) + ESOP (KSOP)
PG&E CORP. RETIREMENT SAVINGS PLAN FOR UNION-REPRESENTED EMPLOYEES401(k) + ESOP (KSOP)
Same employer
Similar plansUtilities · California
Exelon Corporation IL$6.3B · 0.09%
Nextera Energy, Inc. FL$5.5B · 0.07%
Dominion Energy, Inc. VA$4.9B · 0.06%
Entergy Corporation LA$4.4B · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943234914 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.