Retirement plan

VISTRA ENERGY THRIFT PLAN

VISTRA OPERATIONS COMPANY LLCEIN 36-4833461Plan #001PY 2019
6555 SIERRA DRIVE 3S-20D - IRVING, TX 75039214-812-4600LinkedIn5001-10000 employeesutilities
Prospect flagsNo flags tripped

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(214) 812-4600
Plan administrator signer
BARBARA MUELLER
Signed 10/15/2020

Summary metrics

Total assets (EOY)
$1471.4M
-6.2% from 2017
Total participants
8,637
+9.1% from 2017
Average account balance
$182,574
-13.2% from 2017
Annual return
21.39%
-8.72 pp from 2017

Benchmarks

Peer group
Industryany (size+type match)
Plan typeDefined contribution
Participants5,000-9,999
Cohort1,116 peers
Snapshot2019
Participant deferral / active EE
$10,088
median $3,620
Employer contribution / active EE
$5,217
median $2,004
Participation rate
89.3%
median 89.8%
Avg account balance
$182,574
median $59,871
Admin fee / account holder
$86
median $66
Annual return
21.39%
median 22.30%
Overall peer rank
63rd percentileavg across 6 metrics

Analytics

2016 - 2024
Total assets (EOY)
Plan-year ending balance
$2.35B
Average account balance
Total assets / participants with a balance (line 6g)
$239K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
9,822
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
97.6%
Contributions (total)
Employer and participant dollars contributed each year
$101.41M
Contributions per participant
Average employer and participant contribution per enrolled participant
$15K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+61.82%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$50
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 2 by compensation
ProviderService typeCompensation
Service code 37 · EIN 04-2647786
Loan Processing
$346,106
Service code 27 · EIN 04-2654524
Advisory (Plan)
$288,345

Plan features & details

Pension benefit codes2A2E2F2G2J2K2R2S2T3F3H3I
Plan features
  • 2A
    Age/service weighted or new comparability plan
    Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
  • 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.
  • 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.
  • 2S
    Automatic enrollment
    Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
  • 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)).
  • 3I
    Employer securities investment required
    Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

0 tripped
No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II
Admin total
$689K
$128 / participant
  • Investment mgmt$288K41.8%
  • Contract admin$346K50.2%
  • Other / not subdivided$55K8.0%
% of EOY assets
0.047%
all-in expense ratio
Categories reported
2 / 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