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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) - EBP 002
12 Months Ended
Dec. 31, 2025
EBP, Accounting Policy [Line Items]  
Schedule of Internal Revenue Code Dollar Limitations
As provided by the Internal Revenue Code (“Code”), the following table provides the dollar limitations under a 401(k) retirement plan for 2025 and 2024. Section 415(d) of the Code requires the limits to be adjusted annually for cost-of-living increases.
2025 Limits2024 Limits
Annual compensation (1)
$350,000$345,000
Defined contribution limits (2)
$70,000$69,000
Elective deferral (3)
$23,500$23,000
Catch-up contributions (4)
$7,500$7,500
(1) Annual compensation is eligible compensation for the purposes of the Plan and is limited by the Code.
(2) All Plan contributions, including pre-tax and after-tax participant contributions and all employer contributions, may not exceed the lesser of hundred percent (100%) of the participant’s eligible compensation or Code limits.
(3) Participant pre-tax contributions are considered elective deferrals and are limited by the Code.
(4) Participants age 50 and older are permitted to make additional pre-tax contributions (catch-up contributions) according to the Code. Any catch-up contributions made on or after January 1, 2026 by participants whose wages for the preceding calendar year from any employer in the PG&E Corporation Group exceed $150,000 (or as adjusted) must be made as after-tax contributions.
Schedule of Employer Contribution By Years of Service
All other participating employees hired before January 1, 2013 are eligible for a matching employer contribution according to the following years of service:
Length of ServiceMatching Employer Contribution
Less than 1 year of service
none
1 to 3 years of service
sixty percent (60%) matching employer contributions of the participant’s pre-tax and/or after-tax contributions that do not exceed three percent of the employee’s eligible compensation
3 years of service or more
sixty percent (60%) matching employer contributions of the participant’s pre-tax and/or after-tax contributions that do not exceed six percent of the employee’s eligible compensation