Retirement plan

EDISON 401(K) SAVINGS PLAN

Name: SOUTHERN CALIFORNIA EDISON COMPANY - EDISON 401(K) SAVINGS PLAN (2024) Form 5500
Creator: SOUTHERN CALIFORNIA EDISON COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDISON 401(K) SAVINGS PLAN, SOUTHERN CALIFORNIA EDISON COMPANY

SOUTHERN CALIFORNIA EDISON COMPANYEIN 95-1240335Plan #002PY 2024

2244 WALNUT GROVE AVE., PO BOX 800 - ROSEMEAD, CA 917703714626-302-4140sce.comLinkedIn10001+ employeesutilities

Other plans on this EIN

1 filing

#001Retirement-$4.74B assets

Prospect flagsHigh assets / participant

Top hat statement on fileNQDC

Filed July 30, 1997 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$6380.8M

-5.6% from 2016

Total participants

16,852

+4.1% from 2016

Average account balance

$381,172

-9.1% from 2016

Annual return

15.89%

-11.56 pp from 2016

Benchmarks

See 1,248 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants>=10,000

Cohort1,248 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$6.38B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$381K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

16,740

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$332.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.89%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$296

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 9 by compensation

Provider	Service type	Compensation
FINANCIAL ENGINES1 year Filed as: EDELMAN FINANCIAL ENGINES, LLC Service code 28 · EIN 94-3250383	Investment Management	$2,155,903
T ROWE PRICE RPS INC7 years Filed as: T. ROWE PRICE ASSOCIATES, INC. Service code 28 · EIN 52-0556948	Investment Management	$832,565
AB FUNDS10+ years Filed as: ALLIANCE BERNSTEIN Service code 27 · EIN 13-4064930	Advisory (Plan)	$499,236
STATE STREET GLOBAL ADVISORS1 year Filed as: STATE STREET BANK AND TRUST COMPANY Service code 19 · EIN 04-1867445	Securities Custodian	$492,533
PIMCO FUNDS10+ years Filed as: PIMCO Service code 28 · EIN 33-0629048	Investment Management	$280,792
MARATHON ASSET MANAGEMENT1 year Filed as: MARATHON ASSET MANAGEMENT LIMITED Service code 21 · EIN 98-1669899	Bank Trustee	$254,748
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO, INC. Service code 33 · EIN 94-1737882	Other investment fees and expenses; S...	$91,452
STATE STREET GLOBAL ADVISORS1 year Filed as: STATE STREET GLOBAL ADVISORS TRUST Service code 51 · EIN 81-4017137	Investment Mgmt Fees	$72,172
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO., INC Service code 99	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2I2J2K2R2T3F3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2I
Stock bonus
Stock bonus plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$4.9M

$360 / participant

Investment mgmt$5M100.0%

% of EOY assets

0.078%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MCCONNELL & JONES, LLP
Auditor EIN: 760488832
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$381,172

$106,553+257.7%

$103,065+269.8%

$106,553+257.7%

Participation rate

99.2%

69.8%+29.4pp

80.6%+18.6pp

69.8%+29.4pp

Annual return

15.89%

17.37%-1.5pp

23.95%-8.1pp

17.37%-1.5pp

Employer contribution / active EE

$9,892

$3,359+194.5%

$4,675+111.6%

$3,359+194.5%

Participant deferral / active EE

$14,311

$5,562+157.3%

$6,625+116.0%

$5,562+157.3%

Admin fee / account holder

$296

$80+271.2%

$9,349-96.8%

$80+271.2%

Provider

Service type

Compensation

FINANCIAL ENGINES1 year

Filed as: EDELMAN FINANCIAL ENGINES, LLC

Service code 28 · EIN 94-3250383

Investment Management

$2,155,903

T ROWE PRICE RPS INC7 years

Filed as: T. ROWE PRICE ASSOCIATES, INC.

Service code 28 · EIN 52-0556948

Investment Management

$832,565

AB FUNDS10+ years

Filed as: ALLIANCE BERNSTEIN

Service code 27 · EIN 13-4064930

Advisory (Plan)

$499,236

STATE STREET GLOBAL ADVISORS1 year

Filed as: STATE STREET BANK AND TRUST COMPANY

Service code 19 · EIN 04-1867445

Securities Custodian

$492,533

PIMCO FUNDS10+ years

Filed as: PIMCO

Service code 28 · EIN 33-0629048

Investment Management

$280,792

MARATHON ASSET MANAGEMENT1 year

Filed as: MARATHON ASSET MANAGEMENT LIMITED

Service code 21 · EIN 98-1669899

Bank Trustee

$254,748

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO, INC.

Service code 33 · EIN 94-1737882

Other investment fees and expenses; S...

$91,452

STATE STREET GLOBAL ADVISORS1 year

Filed as: STATE STREET GLOBAL ADVISORS TRUST

Service code 51 · EIN 81-4017137

Investment Mgmt Fees

$72,172

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO., INC

Service code 99

Other Fees

EDISON 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EDISON 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion