Utilities 401(k) plans with 5,000 or more participants
40 large 401(k) plans sit in utilities and reported 5,000 or more participants on their latest Form 5500. All of them are listed here, ranked by active participants.
Active participants means people still building up a balance, which is the count Form 5500 reports separately from total participants. Every plan links to its own page, where the figures below come with the filing they were read from.
The plans
| # | Plan | State | Active | Assets | Cost / participant |
|---|---|---|---|---|---|
| 1 | 401(k) Pension PlanNational Rural Electric Cooperative Association | VA | 61,593 | $16.8B | $585.22 |
| 2 | The Southern Company Employee Savings PlanSouthern Company Services, Inc. | GA | 28,079 | $9.3B | $46.93 |
| 3 | Duke Energy Retirement Savings PlanDuke Energy Corporation | NC | 26,616 | $11.3B | $144.76 |
| 4 | Exelon Corporation Employee Savings PlanExelon Corporation | IL | 20,243 | $6.3B | $205.87 |
| 5 | Clean Harbors Savings And Retirement PlanClean Harbors Enviromental Services, Inc. | MA | 18,877 | $1.2B | $56.23 |
| 6 | PG&E Corp. Retirement Savings Plan For Union-Represented EmployeesPG&E Corporation | CA | 17,676 | $5.0B | $153.12 |
| 7 | National Grid USA Co. Incentive Thrift PlanNational Grid USA Service Company, Inc. | NY | 17,603 | $6.4B | $51.35 |
| 8 | Nextera Energy, Inc. Employee Retirement Savings PlanNextera Energy, Inc. | FL | 16,733 | $5.5B | $168.00 |
| 9 | Aep Retirement Savings 401(k) PlanAmerican Electric Power Service Corporation | OH | 16,345 | $5.2B | $311.04 |
| 10 | The Consolidated Edison Thrift Savings PlanConsolidated Edison Company Of New York, Inc. | NY | 15,022 | $6.4B | $203.46 |
| 11 | Constellation Employee Savings PlanConstellation Energy Generation LLC | PA | 14,256 | $6.0B | $183.71 |
| 12 | Edison 401(k) Savings PlanSouthern California Edison Company | CA | 13,749 | $6.4B | $286.31 |
| 13 | Firstenergy Corp. Savings PlanFirstenergy Corp. | OH | 12,394 | $3.9B | $205.83 |
| 14 | Dominion Energy 401(k) PlanDominion Energy, Inc. | VA | 12,152 | $4.4B | $156.96 |
| 15 | Nrg Affiliates Employee Savings PlanNrg Affiliate Services, Inc. | NJ | 11,745 | $2.3B | $61.63 |
| 16 | Usic 401(k) Savings PlanUsic, LLC | IN | 11,502 | $206.7M | $39.63 |
| 17 | Siemens Energy, Inc. Savings PlanSiemens Energy, Inc. | FL | 11,052 | $4.0B | $418.03 |
| 18 | Kinder Morgan Savings PlanKinder Morgan, Inc. | TX | 10,966 | $2.9B | $186.85 |
| 19 | PG&E Corporation Retirement Savings PlanPG&E Corporation | CA | 10,864 | $4.9B | $168.46 |
| 20 | Eversource 401(k) PlanEversource Energy Service Company | CT | 10,538 | $4.0B | $98.64 |
| 21 | Centerpoint Energy Savings PlanCenterpoint Energy, Inc. | TX | 9,444 | $3.1B | $365.16 |
| 22 | Savings Plan Of Entergy Corporation And SubsidiariesEntergy Corporation | LA | 9,114 | $4.4B | $64.34 |
| 23 | Ameren Corporation Savings Investment PlanAmeren Corporation | MO | 9,085 | $3.2B | $230.82 |
| 24 | Xcel Energy 401(k) Savings PlanXcel Energy Inc. | MN | 9,075 | $3.1B | $131.35 |
| 25 | Southern California Gas Company Retirement Savings PlanSouthern California Gas Company | CA | 8,846 | $3.1B | $37.45 |
| 26 | Avangrid 401(k) PlanAvangrid Management Company, LLC | CT | 8,263 | $2.6B | $90.25 |
| 27 | Consumers Energy Company Employees' Savings PlanConsumers Energy Company | MI | 8,218 | $2.9B | $29.33 |
| 28 | Nisource Inc. Retirement Savings PlanNisource Inc. | IN | 7,982 | $2.0B | $5.53 |
| 29 | Midamerican Energy Company Retirement Savings PlanMidamerican Energy Company | IA | 7,624 | $2.0B | $61.02 |
| 30 | Veolia North America 401(k) Savings PlanVeolia North America, LLC | MA | 7,090 | $1.0B | $81.31 |
| 31 | Savs Pl For Emps Of Amer Wtr Wks Co Inc. & Its Desig SubsAmerican Water Works Company, Inc. | NJ | 6,721 | $1.4B | $48.40 |
| 32 | Salt River Project Employees' 401(k) PlanSalt River Valley Water Users Association | AZ | 6,108 | $1.3B | $121.15 |
| 33 | Pacificorp K Plus Employee Savings PlanPacificorp | OR | 5,334 | $1.8B | $365.20 |
| 34 | Atmos Energy Corporation Retirement Savings Plan And TrustAtmos Energy Corporation | TX | 5,287 | $1.1B | $50.83 |
| 35 | Dte Energy Company Savings And Stock Ownership PlanDte Energy Corporate Services, LLC | MI | 5,078 | $2.3B | $215.11 |
| 36 | San Diego Gas & Electric Company Savings PlanSan Diego Gas & Electric Company | CA | 4,789 | $2.1B | $32.98 |
| 37 | Evergy, Inc. 401(k) Savings PlanEvergy, Inc. | MO | 4,722 | $1.5B | $198.90 |
| 38 | Reworld Savings PlanReworld Projects, LLC | NJ | 4,157 | $947.7M | $168.29 |
| 39 | Wec Energy Group Employee Retirement Savings PlanWec Energy Group, Inc. | WI | 3,713 | $2.0B | $136.96 |
| 40 | Wec Energy Group Retirement Savings PlanWec Energy Group, Inc. | WI | 3,358 | $1.7B | $130.14 |
Other plan sizes in Utilities
Fees per participant fall as plans get bigger, so the useful comparison is inside a size band rather than across them.
100 to 499 participants (231)500 to 999 participants (52)1,000 to 4,999 participants (84)
Back to Utilities
Utilities 401(k) plans has the median plan-paid fee, the largest plans, and the other size bands. The whole directory starts at industries.