PG&E 401(k) match, vesting and fees

Plan year 2024 filingPg&E Corp. Retirement Savings Plan for Union-Represented Employees · Plan 002 · EIN 94-3234914Updated Oct 2026

What PG&E's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $92.9M in employer contributions, about $4,641 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$248,144
Average account balance
20,383
Participants (end of year)
$5B
Plan assets (end of year)
0.07%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorMah & Associates, LLP (unmodified opinion)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 26 defined-contribution plans in utilities with 10,000 to 49,999 participants.

PG&E: employer contribution per participant$4,641
Peer median$4,320
PG&E: average balance$248,144
Peer median$255,382
PG&E: admin expenses ÷ assets0.07%
Peer median0.07%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $4.4B at the end of plan year 2023 to $5B at the end of plan year 2024.

$4.4B2023$5B2024
End-of-year figures from each plan year's Form 5500 filing for the PG&E plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
202420,383$5B$92.9M$4,6410.07%Not publishedForm 5500 ↗
202319,925$4.4B$84.9M$4,3730.07%Not publishedForm 5500 ↗

Other PG&E plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Pg&E Corporation Retirement Savings Plan

Plan 001 · EIN 94-3234914 · plan year 2024 filing
$350,085
Average account balance
14,099
Participants (end of year)
$4.9B
Plan assets (end of year)
0.05%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorMah & Associates, LLP (unmodified opinion)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Common questions

Does PG&E match 401(k) contributions?

The match terms for the Pg&E Corp. Retirement Savings Plan for Union-Represented Employees have not been published from its filing yet. The plan year 2024 filing reports $92.9M in employer contributions, about $4,641 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the PG&E 401(k) match vested?

The vesting schedule for the Pg&E Corp. Retirement Savings Plan for Union-Represented Employees is not in the data published so far. Your Summary Plan Description states it.

Who manages the PG&E 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Employee Benefit Committee of Pg&E Corporation.

I left PG&E. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Employee Benefit Committee of Pg&E Corporation, (415) 973-4357) or the recordkeeper, Fidelity Investments Institutional. The PG&E old 401(k) page lists the contacts from every plan filing. Find an old PG&E 401(k)

Data from the public Form 5500 annual reports PG&E filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with PG&E. Not financial advice. Report a correction · Methodology