Portland General Electric Company Pension Plan — Form 5500 plan (Portland General Electric Company)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Portland General Electric Company Pension Plan is a benefit plan reported by Portland General Electric Company under EIN 93-0256820 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,331 participants and $534,131,237 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Portland General Electric Company
- EIN
- 93-0256820
- Plan number
- 001
- Plan type
- 2
- Location
- Portland, OR
- Latest filing year
- 2023
- Participants
- 3,331
- End-of-year plan assets
- $534,131,237
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,331 | H, C | 20241125131320NAL0004580577001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $534,131,237
- Total liabilities (EOY)
- $826,136
- Net assets (EOY)
- $533,305,101
- Net assets (BOY)
- $546,859,981
Income & contributions
- Employer contributions
- $3,100,000
- Total contributions
- $3,100,000
- Total income / additions
- $75,642,864
Expenses & distributions
- Benefits paid
- $85,158,304
- Administrative expenses
- $4,039,440
- Total expenses
- $89,197,744
- Net increase / (decrease)
- -$13,554,880
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mercer Investment Consulting, Inc | NONE | $906,966 | $0 | 2023 |
| Aon Consulting, Inc. | NONE | $309,743 | not reported in the loaded dataset | 2023 |
| Towers Watson Delaware | NONE | $180,764 | not reported in the loaded dataset | 2023 |
| Northern Trust Company | NONE | $110,709 | $0 | 2023 |
| Seyfarth Shaw Llp | NONE | $20,103 | not reported in the loaded dataset | 2023 |
| Pricewaterhousecoopers Llp | NONE | $15,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Portland General Electric Company
- 2023 Form 5500 filing
- Form 5500 filings in OR
- 401(k) and benefit plan filings in Portland, OR
- Mercer Investment Consulting, Inc — Schedule C compensation
- Aon Consulting, Inc. — Schedule C compensation
- Towers Watson Delaware — Schedule C compensation
- Northern Trust Company — Schedule C compensation
- Seyfarth Shaw Llp — Schedule C compensation
- Pricewaterhousecoopers Llp — Schedule C compensation