Retirement plan
VISTRA THRIFT PLAN
VISTRA OPERATIONS COMPANY LLCEIN 36-4833461Plan #001PY 2023
Other plans on this EIN
2 filingsProspect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
TONYA SAN ANGELO
Signed 10/15/2024
Summary metrics
Total assets (EOY)
$1514.8M
-6.2% from 2017
Total participants
7,829
+9.1% from 2017
Average account balance
$197,399
-13.2% from 2017
Annual return
17.75%
-8.72 pp from 2017
Benchmarks
Peer group
Industry55 - Management of Companies and Enterprises
Plan typeDefined contribution
Participants1,000-4,999
Cohort146 peers
Snapshot2023
90
Participant deferral / active EE
$11,886
median $5,471
89
Employer contribution / active EE
$7,825
median $2,634
69
Participation rate
96.8%
median 93.6%
93
Avg account balance
$197,399
median $80,730
72
Admin fee / account holder
$52
median $88
39
Annual return
17.75%
median 18.51%
Overall peer rank
75of 100
75th 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 3 by compensation
| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC ADVISORS, INC.8+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $278,274 |
FID INST OPS CO2 years Service code 37 · EIN 04-2647786 | Loan Processing | $121,538 |
FID INV INST OPS CO8+ years Service code 60 | Sub-TA Fees | $0 |
Plan features & details
Pension benefit codes2A3H2F2G2J2K2R2S2T3F
Plan features
- 2AAge/service weighted or new comparability planAge/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).
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants 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.
- 2JCode section 401(k) featureCash 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.
- 2KCode section 401(m) arrangementEmployee 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.
- 2RParticipant-directed brokerage accountsParticipant-directed brokerage accounts provided as an investment option under the plan.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$400K
$83 / participant
- Recordkeeping$278K69.6%
- Contract admin$122K30.4%
% of EOY assets
0.026%
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