Plan Snapshot
- Plan Sponsor: Southern California Edison Company
- Sponsor EIN: 951240335
- Sponsor Address: 2244 WALNUT GROVE AVENUE, ROSEMEAD, CA, 917703714
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 13,814
- Total Assets: $1.5B
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 | 13,814 | $1.5B | $180.3M | $90.9M |
| 2023 | 14,155 | $1.5B | $162.0M | $100.5M |
| 2022 | 13,184 | $1.4B | $170.9M | $98.2M |
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 |
|---|---|---|---|---|
| PAYDEN & RYGEL | Investment Advisor | $1,395,471 | — | $1,395,471 |
| CONDUENT HR SERVICES | Recordkeeper | $1,100,761 | — | $1,100,761 |
| RUSSELL INVESTMENT TRUST CO. | Investment Advisor | $733,468 | — | $733,468 |
| THE BANK OF NEW YORK MELLON | Custodian / Trustee | $227,199 | — | $227,199 |
| SCHRODER INVESTMENT MANAGEMENT | Investment Advisor | $117,044 | — | $117,044 |
| STATE STREET GLOBAL ADVISORS TRUST | Investment Advisor | $100,000 | — | $100,000 |
| WILSHIRE US PRVT MRKT VIII | Investment Advisor | $79,089 | — | $79,089 |
| DELOITTE | Other Service Provider | $78,000 | — | $78,000 |
| SOUTHERN CALIFORNIA EDISON CO. | Other Service Provider | $46,696 | — | $46,696 |
| WILLIS TOWERS WATSON US LLC | Actuary | $34,312 | — | $34,312 |
| GCM GROSVENOR EMRG MGR INVEST | Investment Advisor | $28,056 | — | $28,056 |
| WILSHIRE EURO PRVT MRKTS VIII | Investment Advisor | $21,061 | — | $21,061 |
| WILSHIRE ASIA PRVT MRKT VIII | Investment Advisor | $17,661 | — | $17,661 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RUSSELL INVESTMENT TRUST CO. — Investment Advisor
- WILLIS TOWERS WATSON US LLC — Actuary
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,978,818
- Estimated Expense Ratio: 0.264% 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 | $6,045,019 | $2,501,848 | — | — | — |
| 2023 | -$3,898,567 | $1,147,885 | — | — | — |
| 2022 | $3,753,720 | $1,731,760 | — | — | $1,820,098 |