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Most generous 401(k)s in Utilities
2,184 graded utilities plans; median employer contribution $2,795 per active participant. Top plans with 500+ active participants (100+ if few qualify), ranked by employer dollars per participant (2024).
# Employer State Active participants Employer $ / participant Score Grade
1 Ercot TX 924 $22,773 91 A 2 California Independent System Operator Corporation CA 724 $21,869 94 A 3 New York Independent System Operator, Inc. NY 616 $14,636 95 A 4 The Aes Corporation VA 2,786 $14,144 93 A 5 STP Nuclear Operating Company TX 1,110 $13,796 89 A 6 Portland General Electric Company OR 2,855 $13,214 77 A 7 Talen Energy Supply, LLC TX 1,888 $12,796 85 A 8 Avangrid Management Company, LLC CT 8,137 $12,353 79 A 9 NV Energy, Inc. NV 2,698 $11,393 86 A 10 Consumers Energy Company MI 8,217 $11,272 88 A 11 Txnm Energy, Inc. NM 1,670 $11,021 71 B 12 Pacificorp OR 5,268 $10,868 64 B 13 Long Island Electric Utility Servco LLC NY 1,190 $10,475 90 A 14 Iso New England Inc. MA 652 $10,393 88 A 15 PPL Services Corporation PA 1,676 $10,358 84 A 16 Prairie State Generating Company, LLC IL 640 $10,251 81 A 17 Cheniere Energy, Inc. TX 1,556 $10,112 90 A 18 Wec Energy Group, Inc. WI 3,370 $10,101 81 A 19 Alliant Energy Corporate Services, Inc. WI 3,126 $9,948 72 B 20 Allete, Inc. MN 1,601 $9,868 65 B 21 Black Hills Corporation SD 2,856 $9,781 79 A 22 Southern California Edison Company CA 13,934 $9,760 77 A 23 Naes Corporation WA 2,243 $9,720 71 B 24 Duquesne Light Holdings, Inc. PA 962 $9,639 77 A 25 Puget Sound Energy, Inc. WA 3,346 $9,553 87 A 26 International Transmission Company MI 776 $9,474 86 A 27 Basin Electric Power Cooperative ND 822 $9,419 79 A 28 Duke Energy Corporation NC 26,978 $9,358 78 A 29 Central Hudson Gas & Electric Corporation NY 1,218 $9,343 77 A 30 Northwest Natural Gas Company OR 1,228 $9,063 80 A 31 Washington Gas Light Company DC 872 $9,010 73 B 32 Northwestern Corporation MT 1,580 $8,934 75 A 33 Siemens Energy, Inc. FL 10,808 $8,757 73 B 34 PPL Services Corporation PA 1,254 $8,704 81 A 35 Unitil Corporation NH 534 $8,397 71 B 36 Dte Energy Corporate Services, LLC MI 5,285 $8,152 75 A 37 Constellation Energy Generation LLC PA 14,087 $8,141 84 A 38 Par Petroleum LLC TX 1,735 $8,116 48 C 39 Centerpoint Energy, Inc. TX 8,898 $8,110 63 B 40 Avista Corporation WA 1,978 $8,046 66 B 41 Edf Renewables CA 1,515 $8,019 57 C 42 One Gas, Inc. OK 3,873 $7,907 58 C 43 Pg&e Corporation CA 10,548 $7,702 84 A 44 Lg&e and Ku Energy LLC KY 2,916 $7,675 74 B 45 Entergy Corporation LA 2,461 $7,658 60 B 46 Essential Utilities, Inc. PA 3,359 $7,600 43 D 47 American Water Resources LLC, DBA Oncourse Home Solutions IL 600 $7,475 50 C 48 National Grid USA Service Company, Inc. NY 17,391 $7,465 88 A 49 Duquesne Light Company PA 879 $7,418 58 C 50 Edp Renewables North America LLC TX 1,050 $7,415 47 C
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