Original filing (PDF)20251015153726NAL0005301585001

PACIFIC GAS AND ELECTRIC COMPANY

Name: PACIFIC GAS AND ELECTRIC COMPANY — PACIFIC GAS AND ELECTRIC COMPANY RETIREMENT PLAN, Form 5500 (2024)
Creator: PACIFIC GAS AND ELECTRIC COMPANY

Form 5500

FILING_RECEIVED

PACIFIC GAS AND ELECTRIC COMPANY RETIREMENT PLAN

Defined-benefit pension plan

Signals · 4

2 failed disclosures46% in single holdingNo recordkeeper disclosed30 service providers

Active participants

28,573

Accounts w/ balance

—

Plan assets (EOY)

$17.6B

Net assets (EOY)

$17.5B

How this plan invests

This plan

8 pooled trusts

Schedule D

70 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade B

Above-average plan

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

Concentration risk

Total plan cost

Vendor stack

Participation health

100

Knocking points off

2 Schedule C providers failed to disclose compensation.
Top holding "RUSSELL 3000 INDEX FUND COMMON/COLLECTIVE TRUST" is 46% of plan.
17 bps in Schedule C fees — 236% above peer band of 5 bps.
No recordkeeper disclosed on Schedule C.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for PACIFIC GAS AND ELECTRIC COMPANY.

Plan sponsor

Name

PACIFIC GAS AND ELECTRIC COMPANY

EIN

94-0742640

Address

ATTEN. BENEFITS · 300 LAKESIDE DRIVE · OAKLAND, CA · 94612

Phone

(415) 973-4357

Industry

Utilitiessee all

Plan administrator

Name

EMPLOYEE BENEFIT COMMITTEE OF PG&E CORPORATION

EIN

95-3040078

City

OAKLAND, CA

Phone

(415) 973-4357

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-15

Pension benefit codes

1A · Pay-related DB formula

1C · Cash balance or similar hybrid DB

1E · Section 401(h) arrangement

3H · Sponsor in controlled / affiliated group

Audit & trust (Schedule H)

Auditor

BAKER TILLY US, LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

30 rows

Custodian

Name	EIN	Location	Relation	Direct comp	Indirect comp
BANK OF NEW YORK MELLON	13-5160382	—	TRUSTEE/ CUSTODIAN	$1.1M	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
WILLIS TOWERS WATSON US LLC	53-0181291	—	NONE	$3.8M	—
PIMCO	33-0629048	—	NONE	$2.3M	—
NISA INVESTMENT ADVISORS, LLC	48-1140940	—	NONE	$2.2M	—
BLACKROCK FINANCIAL	13-3806691	—	NONE	$2.1M	—
NUMERIC INVESTORS LLC	04-3068821	—	NONE	$2.0M	—
DODGE & COX	94-1441976	—	NONE	$2.0M	—
WELLINGTON MANAGEMENT COMPANY	30-0835489	—	NONE	$1.6M	—
LEGAL & GENERAL INVESTMENT	20-8058531	—	NONE	$1.6M	—
RUSSELL IMPLEMENTATION SVCS	91-0604934	—	NONE	$1.5M	—
RREEF AMERICA L.L.C.	58-2364506	—	NONE	$1.3M	—
AQR CAPITAL MANAGEMENT	13-3987414	—	NONE	$1.2M	—
T. ROWE PRICE	52-1309931	—	NONE	$1.1M	—
OAKTREE CAPITAL MGMT LP	26-0189082	—	NONE	$963K	—
FIRST SENTIER INVESTORS	94-0742640	—	NONE	$865K	—
ADELANTE CAPITAL MGMT LLC	94-3219135	—	NONE	$814K	—
NUVEEN ASSET MGMT LLC	27-4357327	—	NONE	$814K	—
GROOM LAW GROUP, CHARTERED	52-1219029	—	NONE	$645K	—
TIMESSQUARE CAPITAL MGMT	20-1665304	—	NONE	$456K	—
DEPRINCE, RACE & ZOLLO, INC.	59-3299598	—	NONE	$317K	—
LEGATO CAPITAL MGMT LLC	65-1217949	—	NONE	$216K	—
PUGH CAPITAL MGMT, INC.	91-1522082	—	NONE	$170K	—
RHUMBLINE ADVISORS	04-3118582	—	NONE	$159K	—
MOSS ADAMS LLP	91-0189318	—	NONE	$78K	—
MERCER INVESTMENTS LLC	30-0282430	—	NONE	$51K	—
APEX CUSTODIAN MONITORING SERVICES	90-0761297	—	NONE	$36K	—
PACIFIC GAS & ELECTRIC	94-0742640	—	PLAN SPONSOR	$35K	—
EVESTMENT ALLIANCE, LLC	58-2540972	—	NONE	$28K	—
MSCI	13-4038723	—	NONE	$13K	—
BREGE COMMUNICATIONS INC.	47-3081862	—	NONE	$6K	—

Failed / refused disclosures (Sched C Part 2)

Provider	Nondisclosure info
MSCI	FEE DISCLOSURE
OAKTREE CAPITAL MGMT LLC	FEE DISCLOSURE

Investments

64 direct securities · 8 pooled funds· $17.3B(98% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Master Trust

$16.8B

1 holding

Common Collective Trust

$525.4M

7 holdings

Uncategorized

$36.6M

64 holdings

Investment	Type	Shares / units	Cost	Current value	% of plan
RETIREMENT PLAN MASTER TRUST PACIFIC GAS & ELECTRIC COMPANY · EIN 94-6222282 / PN 002	Master Trust	—	—	$16.8B	95.2%
RUSSELL 3000 INDEX FUND BLACKROCK INST'L TRUST CO., N.A. · EIN 94-3302956 / PN 001	Common Collective Trust	—	$87.0M	$246.4M	1.4%
LONG DURATION ALPHACREDIT FUND BLACKROCK INST'L TRUST CO., N.A. · EIN 27-0184174 / PN 001	Common Collective Trust	—	$130.3M	$142.5M	0.8%
MSCI WORLD EX-US INDEX FUND A BLACKROCK INST'L TRUST CO., N.A. · EIN 05-0606326 / PN 001	Common Collective Trust	—	$54.8M	$91.6M	0.5%
MAN NUMERIC EMERGING MARKETS MAN NUMERIC · EIN 04-3068821 / PN 000	Common Collective Trust	—	—	$21.3M	0.1%
EMERGING MKTS EQUITY TR CL Z T.ROWE PRICE TRUST COMPANY · EIN 52-1309931 / PN 006	Common Collective Trust	—	$18.5M	$17.9M	0.1%
MAN NUMERIC EMERGING MARKETS CORE CORPORATE STOCK - COMMON	—	—	$12.2M	$14.1M	<0.1%
MAN NUMERIC EMERGING MARKETS CORE INTEREST-BEARING CASH	—	—	$6.3M	$7.2M	<0.1%
COLLECTIVE TRUST GOVERNMENT STIF 15 THE BANK OF NEW YORK MELLON · EIN 13-6154008 / PN 012	Common Collective Trust	—	$5.3M	$5.3M	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 11/15/2050 DD 11/16/20 U. S. GOVERNMENT SECURITIES 3,085,000 982	—	—	—	$886K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 08/15/2051 DD 08/16/21 U. S. GOVERNMENT SECURITIES 3,000,000 903	—	—	—	$836K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 05/15/2052 DD 05/16/22 U. S. GOVERNMENT SECURITIES 2,780,000 826	—	—	—	$756K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 05/15/2054 DD 05/15/24 U. S. GOVERNMENT SECURITIES 2,760,000 774	—	—	—	$717K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 02/15/2050 DD 02/18/20 U. S. GOVERNMENT SECURITIES 2,315,000 757	—	—	—	$685K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 02/15/2052 DD 02/15/22 U. S. GOVERNMENT SECURITIES 2,440,000 740	—	—	—	$668K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 05/15/2053 DD 05/15/23 U. S. GOVERNMENT SECURITIES 2,230,000 658	—	—	—	$590K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 02/15/2051 DD 02/16/21 U. S. GOVERNMENT SECURITIES 1,865,000 585	—	—	—	$530K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 02/15/2053 DD 02/15/23 U. S. GOVERNMENT SECURITIES 1,850,000 557	—	—	—	$493K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 05/15/2051 DD 05/17/21 U. S. GOVERNMENT SECURITIES 1,690,000 520	—	—	—	$477K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 02/15/2054 DD 02/15/24 U. S. GOVERNMENT SECURITIES 1,730,000 503	—	—	—	$452K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 08/15/2054 DD 08/15/24 U. S. GOVERNMENT SECURITIES 1,705,000 497	—	—	—	$438K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 11/15/2051 DD 11/15/21 U. S. GOVERNMENT SECURITIES 1,555,000 484	—	—	—	$429K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 05/15/2049 DD 05/15/19 U. S. GOVERNMENT SECURITIES 1,380,000 460	—	—	—	$421K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 02/15/2049 DD 02/15/19 U. S. GOVERNMENT SECURITIES 1,340,000 438	—	—	—	$414K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 08/15/2052 DD 08/15/22 U. S. GOVERNMENT SECURITIES 1,510,000 440	—	—	—	$407K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 11/15/2048 DD 11/15/18 U. S. GOVERNMENT SECURITIES 1,283,000 423	—	—	—	$401K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 08/15/2048 DD 08/15/18 U. S. GOVERNMENT SECURITIES 1,205,000 416	—	—	—	$380K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 08/15/2047 DD 08/15/17 U. S. GOVERNMENT SECURITIES 1,075,000 393	—	—	—	$357K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 11/15/2049 DD 11/15/19 U. S. GOVERNMENT SECURITIES 1,185,000 390	—	—	—	$354K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 11/15/2047 DD 11/15/17 U. S. GOVERNMENT SECURITIES 945,000 337	—	—	—	$310K	<0.1%
RUSSELL DEV EX-US LARGE CAP INX NL BLACKROCK INST'L TRUST CO., N.A. · EIN 27-5275677 / PN 001	Common Collective Trust	—	—	$295K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 02/15/2048 DD 02/15/18 U. S. GOVERNMENT SECURITIES 825,000 293	—	—	—	$266K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 08/15/2049 DD 08/15/19 U. S. GOVERNMENT SECURITIES 845,000 284	—	—	—	$255K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 05/15/2046 DD 05/16/16 U. S. GOVERNMENT SECURITIES 725,000 269	—	—	—	$247K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 05/15/2046 DD 05/16/16 U. S. GOVERNMENT SECURITIES 640,000 241	—	—	—	$226K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 08/15/2050 DD 08/17/20 U. S. GOVERNMENT SECURITIES 720,000 224	—	—	—	$209K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 02/15/2045 DD 02/17/15 U. S. GOVERNMENT SECURITIES 495,000 205	—	—	—	$180K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 11/15/2046 DD 11/15/16 U. S. GOVERNMENT SECURITIES 485,000 180	—	—	—	$167K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 08/15/2046 DD 08/15/16 U. S. GOVERNMENT SECURITIES 460,000 172	—	—	—	$161K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 11/15/2047 DD 11/15/17 U. S. GOVERNMENT SECURITIES 490,000 180	—	—	—	$156K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 02/15/2047 DD 02/15/17 U. S. GOVERNMENT SECURITIES 435,000 168	—	—	—	$143K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 05/15/2048 DD 05/15/18 U. S. GOVERNMENT SECURITIES 445,000 156	—	—	—	$142K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 02/15/2046 DD 02/16/16 U. S. GOVERNMENT SECURITIES 385,000 144	—	—	—	$138K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 08/15/2045 DD 08/17/15 U. S. GOVERNMENT SECURITIES 375,000 147	—	—	—	$133K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 11/15/2045 DD 11/16/15 U. S. GOVERNMENT SECURITIES 375,000 152	—	—	—	$131K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 05/15/2048 DD 05/15/18 U. S. GOVERNMENT SECURITIES 420,000 144	—	—	—	$130K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 05/15/2047 DD 05/15/17 U. S. GOVERNMENT SECURITIES 380,000 141	—	—	—	$128K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 02/15/2048 DD 02/15/18 U. S. GOVERNMENT SECURITIES 380,000 132	—	—	—	$119K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 11/15/2046 DD 11/15/16 U. S. GOVERNMENT SECURITIES 345,000 129	—	—	—	$115K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 02/15/2047 DD 02/15/17 U. S. GOVERNMENT SECURITIES 300,000 108	—	—	—	$102K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 02/15/2045 DD 02/17/15 U. S. GOVERNMENT SECURITIES 250,000 98	—	—	—	$94K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 02/15/2046 DD 02/16/16 U. S. GOVERNMENT SECURITIES 260,000 106	—	—	—	$90K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 02/15/2049 DD 02/15/19 U. S. GOVERNMENT SECURITIES 295,000 100	—	—	—	$88K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 08/15/2049 DD 08/15/19 U. S. GOVERNMENT SECURITIES 290,000 103	—	—	—	$85K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 08/15/2050 DD 08/17/20 U. S. GOVERNMENT SECURITIES 285,000 91	—	—	—	$80K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 05/15/2047 DD 05/15/17 U. S. GOVERNMENT SECURITIES 230,000 81	—	—	—	$75K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 02/15/2050 DD 02/18/20 U. S. GOVERNMENT SECURITIES 255,000 78	—	—	—	$73K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 11/15/2044 DD 11/17/14 U. S. GOVERNMENT SECURITIES 185,000 75	—	—	—	$71K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 05/15/2050 DD 05/15/20 U. S. GOVERNMENT SECURITIES 205,000 63	—	—	—	$58K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 08/15/2046 DD 08/15/16 U. S. GOVERNMENT SECURITIES 170,000 66	—	—	—	$57K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 08/15/2048 DD 08/15/18 U. S. GOVERNMENT SECURITIES 175,000 66	—	—	—	$54K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 02/15/2052 DD 02/15/22 U. S. GOVERNMENT SECURITIES 195,000 61	—	—	—	$52K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 08/15/2047 DD 08/15/17 U. S. GOVERNMENT SECURITIES 145,000 57	—	—	—	$47K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 08/15/2044 DD 09/03/24 U. S. GOVERNMENT SECURITIES 110,000 46	—	—	—	$43K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 02/15/2051 DD 02/16/21 U. S. GOVERNMENT SECURITIES 150,000 47	—	—	—	$41K	<0.1%
U S TREASURY BD PRIN STRIP 0.000% 08/15/2045 DD 08/17/15 U. S. GOVERNMENT SECURITIES 70,000 28	—	—	—	$26K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 11/15/2048 DD 11/15/18 U. S. GOVERNMENT SECURITIES 75,000 24	—	—	—	$23K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 05/15/2052 DD 05/16/22 U. S. GOVERNMENT SECURITIES 75,000 23	—	—	—	$20K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 11/15/2050 DD 11/16/20 U. S. GOVERNMENT SECURITIES 65,000 21	—	—	—	$18K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 05/15/2051 DD 05/17/21 U. S. GOVERNMENT SECURITIES 55,000 17	—	—	—	$15K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 08/15/2051 DD 08/16/21 U. S. GOVERNMENT SECURITIES 35,000 11	—	—	—	$9K	<0.1%
U S TREASURY BD CPN STRIP 0.000% 11/15/2049 DD 11/15/19 U. S. GOVERNMENT SECURITIES 20,000 6	—	—	—	$6K	<0.1%