PPL Services 401(k) match, vesting and fees

Plan year 2024 filingPpl Retirement Savings Plan · Plan 060 · EIN 23-3041441Updated Oct 2026

What PPL Services' 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 $17.4M in employer contributions, about $8,181 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$129,156
Average account balance
2,165
Participants (end of year)
$274M
Plan assets (end of year)
0.03%
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 auditorBaker Tilly US, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 87 defined-contribution plans in utilities with 1,000 to 4,999 participants.

PPL Services: employer contribution per participant$8,181
Peer median$5,188
PPL Services: average balance$129,156
Peer median$183,243
PPL Services: admin expenses ÷ assets0.03%
Peer median0.09%

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 $206M at the end of plan year 2023 to $274M at the end of plan year 2024.

$206M2023$274M2024
End-of-year figures from each plan year's Form 5500 filing for the PPL Services plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20242,165$274M$17.4M$8,1810.03%Not publishedForm 5500 ↗
20231,894$206M$13.5M$7,1640.05%Not publishedForm 5500 ↗

Other PPL Services plans (6)

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

Ppl Retirement Readiness Plan

Plan 009 · EIN 23-3041441 · plan year 2024 filing
$158,335
Average account balance
1,357
Participants (end of year)
$212M
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 auditorBaker Tilly US, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Ppl Deferred Savings Plan

Plan 005 · EIN 23-3041441 · plan year 2024 filing
$513,157
Average account balance
1,216
Participants (end of year)
$618M
Plan assets (end of year)
<0.01%
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.

Independent auditorBaker Tilly US, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Ppl Employee Savings Plan

Plan 003 · EIN 23-3041441 · plan year 2024 filing
$282,981
Average account balance
1,071
Participants (end of year)
$299M
Plan assets (end of year)
<0.01%
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 auditorBaker Tilly US, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Ppl Employee Stock Ownership Plan

Plan 002 · EIN 23-3041441 · plan year 2024 filing
$36,728
Average account balance
3,461
Participants (end of year)
$114M
Plan assets (end of year)
0.00%
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.

Independent auditorDeloitte & Touche LLP (unmodified opinion)Schedule H ↗
Plan type and statusRetirement · ActiveForm 5500 ↗

Ppl Retirement Plan

Plan 001 · EIN 23-3041441 · plan year 2024 filing
$240,432
Average account balance
6,073
Participants (end of year)
$1.5B
Plan assets (end of year)
0.27%
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.

Independent auditorBaker Tilly US, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Rhode Island Energy Retirement Plan

Plan 010 · EIN 23-3041441 · plan year 2024 filing
$264,202
Average account balance
2,157
Participants (end of year)
$570M
Plan assets (end of year)
0.13%
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.

Independent auditorBaker Tilly US, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Common questions

Does PPL Services match 401(k) contributions?

The match terms for the Ppl Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $17.4M in employer contributions, about $8,181 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the PPL Services 401(k) match vested?

The vesting schedule for the Ppl Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the PPL Services 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Employee Benefit Plan Board of Ppl Corporation.

I left PPL Services. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Employee Benefit Plan Board of Ppl Corporation, (610) 774-5151) or the recordkeeper, Fidelity Investments Institutional. The PPL Services old 401(k) page lists the contacts from every plan filing. Find an old PPL Services 401(k)

Data from the public Form 5500 annual reports PPL Services 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 PPL Services. Not financial advice. Report a correction · Methodology