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Form 5500 · Retirement plan · PORTLAND, OR

PORTLAND GENERAL ELECTRIC COMPANY

The filing calls this plan PORTLAND GENERAL ELECTRIC COMPANY 401K PLAN.

PORTLAND GENERAL ELECTRIC COMPANY of PORTLAND, OR files a Form 5500 for its retirement plan. Schedule A discloses 7 annuity or guaranteed-interest contracts held by the plan, written by AMERICAN GENERAL LIFE INSURANCE COMPANY and 6 other insurers. These are investment and funding contracts, not group health or welfare coverage. No medical, dental or life benefit is reported on this filing.

Agent of record (Schedule A)
Not disclosed
Contract year ends
Decemberas filed for plan year 2024

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 93-0256820 · plan 005 · plan year 2024, filed Oct 15, 2025

Participants at the start of the year
4,052
Contracts on file
7
Contract value
$77,259,233
Plan year end
December

Plan brief

Schedule A lists 7 insurance contracts held by the plan — annuities, guaranteed-interest accounts or similar funding vehicles. The largest number are with AMERICAN GENERAL LIFE INSURANCE COMPANY.

The contracts held $77,259,233 at the end of the plan year, as reported on Schedule A.

The filing discloses no agent commission on these contracts.

A Schedule A is filed for a retirement plan when plan assets sit in an insurance company contract. It reports the contract's balances and any agent commission. It does not report a health, dental or life premium, and it does not give a group renewal date.

The contract year ended in December.

Schedule A insurance contracts

CarrierContract typeCoveredYear endsContract valueCommission
AMERICAN GENERAL LIFE INSURANCE COMPANYAnnuity / GIC4,085December$13,317,375$0
METROPOLITAN TOWER LIFE INSURANCE COMPANYAnnuity / GIC4,085December$13,158,224$0
NATIONWIDE LIFE INSURANCE COMPANYAnnuity / GIC4,085December$12,656,921$0
PRUDENTIAL INSURANCE COMPANY OF AMERICAAnnuity / GIC4,085December$12,666,372$0
RGA REINSURANCE COMPANYAnnuity / GIC4,085December$12,677,195$0
TRANSAMERICA LIFE INSURANCE COMPANYAnnuity / GIC4,085December—$0
VOYA RETIREMENT INSURANCE AND ANNUITY COMPANYAnnuity / GIC4,085December$12,783,146$0

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
PORTLAND GENERAL ELECTRIC COMPANY
EIN 93-0256820
STRATEGIC ADVISORS, INC.
Named on Schedule C · EIN 04-2654524
$603,683
paid directly by the plan
MERCER INVESTMENTS LLC
Named on Schedule C · EIN 30-0282430
$402,528
paid directly by the plan
FIDELITY INV. INST. OPS. CO.
Recordkeeping and information management · EIN 04-2647786
$92,049
paid directly by the plan

The plan administrator is from line 3a of the main form. The service providers are named on Schedule C of this filing. We publish company names only.

Reported to OSHA

Reported to OSHA for 2025: 1,392 employees, 17 recordable cases, 182 days away from work.

EmployeesThe company's own average for the year
1,392
Hours worked
2,791,806
Recordable cases
17
Days away from work
182
Establishments filed under this EIN
17

Source: OSHA Injury Tracking Application establishment data, 2025.

What the plan holds

Plan assets at year end
$1,234,760,991
Paid out in benefits
$112,745,613
Participants at the start of the year
4,052
Participants with account balances
4,085

Sourced from U.S. DOL EFAST2 Form 5500 · Schedule H

Who runs the plan

RecordkeeperEIN 04-2647786
FIDELITY INV. INST. OPS. CO.
Accountant's opinion (Schedule H, line 3a)
Unmodified
Audit fee
$47,499

The recordkeeper and the accountant are named on Schedule C of this filing. The opinion and the fee are from Schedule H.

The filing reports that employee contributions were not forwarded to the plan on time (line 4a).

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