My Plan Facts

Employers › California

Employer · plans filed under one EIN

San Diego Gas & Electric Company

San Diego, CA · Utilities

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$3.07Bnet assets across plans
12,292participant records9,072 active
$48.8Memployer contributions, latest plan years$5,380 per active record
$2.9MSchedule C compensation to organisations$238.86 per participant record

2 retirement plans with 100 or more participants file Form 5500 under San Diego Gas & Electric Company's employer identification number (San Diego, California). Their latest filings total 12,292 participant records and $3.07B in net assets.

The largest is San Diego Gas & Electric Company Cash Balance Plan, a cash balance pension plan with 6,335 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $48.8M and participant contributions $81.6M in the latest plan years; benefits paid were $323M. Schedule C compensation reported to service provider organisations totalled $2.9M.

Combined net assets moved from $1.51B in 2009 to $2.23B in 2025 (up 48%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
San Diego Gas & Electric Company Cash Balance Plancash balance pension plan20246,335$842M$132,916$5,924$2.7M
San Diego Gas & Electric Company Savings PlanESOP with a 401(k) feature20255,957$2.23B$374,819$4,817$258K
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $1.51B2010: $1.69B2011: $1.73B2012: $1.99B2013: $2.23B2014: $2.31B2015: $2.13B2016: $2.14B2017: $2.33B2018: $2.06B2019: $2.56B2020: $2.75B2021: $2.92B2022: $2.44B2023: $2.71B2024: $2.97B2025: $2.23B$1.51B$2.97B$2.23B200920122016202020242025
Combined net assets
2009: 14,0912010: 14,2872011: 14,2082012: 13,8762013: 13,3302014: 12,4252015: 12,3182016: 12,1942017: 11,8122018: 10,9522019: 11,1592020: 11,6482021: 12,0222022: 12,1412023: 12,4212024: 12,3932025: 5,95714,09114,2875,957200920122016202020242025
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
202515,957$2.23B$21.5M$81.6M
2024212,393$2.97B$48.4M$80.2M
2023212,421$2.71B$57.6M$76.6M
2022212,141$2.44B$95.2M$72.7M
2021212,022$2.92B$31.4M$81.0M
2020211,648$2.75B$67.1M$72.2M
2019211,159$2.56B$104M$65.9M
2018210,952$2.06B$46.5M$53.6M
2017211,812$2.33B$37.0M$50.4M
2016212,194$2.14B$15.1M$51.7M
2015212,318$2.13B$18.6M$48.3M
2014212,425$2.31B$74.7M$44.4M
2013213,330$2.23B$74.5M$44.9M
2012213,876$1.99B$68.6M$47.0M
2011214,208$1.73B$91.8M$44.5M
2010214,287$1.69B$77.8M$41.8M
2009214,091$1.51B$76.4M$41.8M

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Willis Towers Watson US LLCActuarial; Recordkeeping and information management; Consulting (pension)1$1,096,118
Legal & General Invest MGMT AmericaInvestment management1$574,489
T Rowe Price RPS Inc.Recordkeeping and information management; Trustee (bank, trust company, or similar financial institution); Trustee (directed); Investment management1$202,552
The Bank of New York MellonCustodial (other than securities)1$147,406
Fidelity Institutional Asset Mgmt.Investment management1$140,155
Deloitte & ToucheAccounting (including auditing)1$102,153
Principal Global Investors, LLCInvestment management1$99,205
William BlairInvestment management1$76,475
Anthem Blue Cross Life and Health IClaims processing; Contract Administrator; Recordkeeping and information management; Other services1$75,468
PimcoInvestment management1$70,314
PrudentialInvestment management1$66,794
BlackRock BgiInvestment management1$57,278
Delta Dental of CaliforniaClaims processing; Contract Administrator; Recordkeeping and information management1$57,164
Northern Trust CompanyCustodial (securities)1$31,621
Corient Private Wealth LLCInvestment advisory (participants)1$9,365

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Willis Towers Watson US LLC$1.1M
Legal & General Invest MGMT America$574K
T Rowe Price RPS Inc.$203K
The Bank of New York Mellon$147K
Fidelity Institutional Asset Mgmt.$140K
Deloitte & Touche$102K
Principal Global Investors, LLC$99K
William Blair$76K

Questions and answers

How many retirement plans does San Diego Gas & Electric Company have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: San Diego Gas & Electric Company Cash Balance Plan and San Diego Gas & Electric Company Savings Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does San Diego Gas & Electric Company contribute to its plans?

$48,806,883 in employer contributions across these plans in their latest plan years, about $5,380 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Willis Towers Watson US LLC, Legal & General Invest MGMT America, T Rowe Price RPS Inc. and The Bank of New York Mellon and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.