Company: PCG-PB
Filing Date: 2025-06-24
Form Type: 11-K
Source: 0001004980-25-000121
Chunk: 18

Company: PG&E Corp
Filing Date: 2025-06-24
Form: 11-K
Chunk 18
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”), as amended.

The PG&E Corporation Retirement Savings Plan Master Trust (“Master Trust”) holds the investment assets of both the Plan and the PG&E Corporation Retirement Savings Plan (“RSP”). The accompanying financial statements present the assets and liabilities of the Plan only.

#### Eligibility
In general, all union employees of participating employers within the PG&E Corporation Group are eligible to participate in the Plan, excluding independent contractors, leased employees, and individuals who have a written contract or agreement that excludes participation in the Plan.

#### Contributions
Participants may elect to contribute any amount in one percent (1%) increments from one to twenty percent (20%) of their eligible compensation on a pre-tax basis, on an after-tax basis, or a combination of both. Participants may also contribute amounts representing distributions from other qualified plans into the Plan. Such “rollover” contributions are not subject to federal or state income taxes until withdrawn or distributed from the Plan.

As provided by the Internal Revenue Code (“Code”), the following table provides the dollar limitations under a 401(k) retirement plan for 2024 and 2023. Section 415(d) of the Code requires the limits to be adjusted annually for cost-of-living increases.

|                                |     | 2024 Limits |     | 2023 Limits |
| Annual compensation(1)         |     |    $345,000 |     |    $330,000 |
| Defined contribution limits(2) |     |     $69,000 |     |     $66,000 |
| Elective deferral(3)           |     |     $23,000 |     |     $22,500 |
| 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.

All participants hired on or after January 1, 2013 or rehired after January 1, 2013 and originally hired prior to January 1, 2013 and who had a break in service after January