# Puget Sound Energy, INC. DB Plan
Source: https://planprovider.pro/companies/puget-sound-energy-inc-plan-001

> Puget Sound Energy, INC.'s DB plan: 1,805 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Puget Sound Energy, INC.

- **Sponsor EIN:** 910374630

- **Sponsor Address:** P.O. BOX 97034, BELLEVUE, WA, 980099734

- **Plan Type:** DB

- **Total Participants:** 1,805

- **Total Assets:** $830.1M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|1,805|$830.1M|$18.0M|$0|

| 2023|1,858|$785.5M|$18.0M|$0|

| 2022|1,911|$696.9M|$18.0M|$0|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| MFS HERITAGE TRUST COMPANY|NONE|$567,597|—|$567,597|

| MILLIMAN, INC.|NONE|$550,353|—|$550,353|

| BOSTON TRUST WALDEN INC|NONE|$377,229|—|$377,229|

| LOOMIS SAYLES & COMPANY, L.P.|NONE|$302,210|—|$302,210|

| PIMCO|NONE|$282,363|—|$282,363|

| DODGE & COX|NONE|$255,657|—|$255,657|

| U.S. BANK|NONE|$142,807|—|$142,807|

| CALLAN ASSOCIATES, INC.|NONE|$118,946|—|$118,946|

| BAKER TILLY US, LLP|Auditor|$40,850|—|$40,850|

| CLARK NUBER P.S.|NONE|$40,850|—|$40,850|

| PERKINS COIE, LLP|NONE|$26,964|—|$26,964|

| BLACKROCK INSTITUTIONAL TRUST CO.|NONE|$13,266|—|$13,266|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MILLIMAN, INC.](https://planprovider.pro/provider/milliman) — NONE

- [BAKER TILLY US, LLP](https://planprovider.pro/provider/baker-tilly-us-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $2,719,092

- **Estimated Expense Ratio:** 0.328% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$3,318,206|$1,942,471|$441,963|$40,850|—|

| 2023|$3,298,678|$1,864,863|$518,883|$36,600|—|

| 2022|$3,634,782|$2,274,885|$463,312|—|$422,353|

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- [Puget Sound Energy, INC.](https://planprovider.pro/companies/puget-sound-energy-inc-401k-plan) — 3,290 participants

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