Retirement plan

VISTRA ENERGY RETIREMENT PLAN

VISTRA OPERATIONS COMPANY LLCEIN 36-4833461Plan #002PY 2018
6555 SIERRA DRIVE 3S-20D - IRVING, TX 75039214-812-4600LinkedIn5001-10000 employeesutilities
Prospect flagsHigh retiree %Low returnsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(214) 812-4600

Summary metrics

Total assets (EOY)
$305.7M
-7.5% from 2017
Total participants
997
+2.1% from 2017
Average account balance
$0
No prior year
Annual return
-8.20%
+2.98 pp from 2017

Benchmarks

Peer group
Industry55 - Management of Companies and Enterprises
Plan typeDefined benefit
Participants250-999
Cohort35 peers
Snapshot2018
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $7,278
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $95,887
Admin fee / account holder
$0
median $296
Annual return
-8.20%
median -4.83%
Overall peer rank
6th percentileavg across 6 metrics

Analytics

2016 - 2024
Total assets (EOY)
Plan-year ending balance
$237.77M
Average account balance
Total assets / participants with a balance (line 6g)
$289K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
693
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
Not enough data
0 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
Not enough data
0 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+1.70%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 5 by compensation
ProviderService typeCompensation
Service code 11 · EIN 22-2232264
Actuarial
$819,278
Service code 28 · EIN 33-0629048
Investment Management
$267,293
Service code 21 · EIN 13-5160382
Bank Trustee
$178,069
Service code 28 · EIN 20-8058531
Investment Management
$121,784
Service code 28 · EIN 36-2723087
Investment Management
$17,881

Enrolled actuary

1 attachment
SB

ALLISON LOGAN

AON CONSULTING, INC.
Enrollment #1707794
5005 LBJ FREEWAY
SUITE 1400
DALLAS, TX 75244
(214) 989-2641
Signed 2019-09-24

Plan features & details

Pension benefit codes1A1C1E3F3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 1E
    Section 401(h) arrangement
    Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
  • 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)).

Opportunity flags

3 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$1.9M
$4145 / participant
  • Investment mgmt$783K40.5%
  • Other / not subdivided$1M59.5%
% of EOY assets
0.633%
all-in expense ratio
Categories reported
1 / 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