SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN

At the end of 2022, the total retirement plan assets of SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN is $1,669,371,292.This plan was established in 1961.

At the end of 2022, the total number of retirement plan participants in SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN is 5951

In 2022, the average participant retirement account value for SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN is $280,519

In 2022, the estimated average employee contribution amount per participant for SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN is $12,433

In 2022, the estimated average employer match for an employee in SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN is approximately $3,155

In 2022, SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN allocates $18,776,764 to match its employees’ contributions, providing an employer match rate of 25.83% of their contributions

In 2022, the total retirement plan asset growth rate of SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN is -13.83%

In 2022, the estimated aggregate retirement account investment gain/loss for SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN is -9.67%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN is 0.01%.

Enrollment Features

SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.