SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN
Overview
Plan Contact
- Address: 488 8TH AVENUE,,SAN DIEGO,CA
- Phone: (619) 696-2000
Plan General Information
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.