Plan Ledger DOL Form 5500 · updated monthly

Southern California Edison Company401(k)

EDISON 401(K) SAVINGS PLAN · ROSEMEAD, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Southern California Edison Company reported $4,949,981 in plan administrative expenses for 2024: 0.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,892 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 0.10% to 0.08%. 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 23rd-largest of 9,483 plans among California employers on file, and the 6th of 412 in utilities. In 2024, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,312,811,508
Participants with balances16,740
Active participants13,749
Employer contributions$136,000,663
Employee contributions$196,758,995
Employer contribution per active participant$9,892
Average account balance$377,109
Benefits paid to participants$597,030,859
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.3B · 16,740 accts · $136.0M emplr
2023$5.7B · 17,125 accts · $120.8M emplr
2022$4.8B · 16,501 accts · $102.2M emplr
Administrative expenses, itemized · 2024
Investment management$4,949,981
Total administrative$4,949,981
The Southern California Edison Company 401(k) match · 2024
Employer contribution per active participant$9,892
Median for plans this size$5,259
2024$9,892 per active participant
2023$8,556 per active participant
2022$7,742 per active participant

Southern California Edison Company's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. 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 · 20248
EDELMAN FINANCIAL ENGINES, LLC · Investment management$2,155,903
T. ROWE PRICE ASSOCIATES, INC. · Investment management$832,565
ALLIANCE BERNSTEIN · Investment advisory (plan)$499,236
STATE STREET BANK AND TRUST COMPANY · Trustee (directed) · Custodial (securities)$492,533
PIMCO · Investment management$280,792
MARATHON ASSET MANAGEMENT LIMITED · Trustee · Investment management$254,748
CHARLES SCHWAB & CO, INC. · Securities brokerage$91,452
STATE STREET GLOBAL ADVISORS TRUST$72,172

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$4,949,981 · 0.08%
2023$3,703,004 · 0.07%
2022$5,373,839 · 0.10%
Same employer
Similar plansUtilities · California
Duke Energy Corporation NC$11.3B · 0.05%
Exelon Corporation IL$6.3B · 0.09%
Nextera Energy, Inc. FL$5.5B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951240335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.