Retirement plan

VISTRA ENERGY RETIREMENT PLAN

VISTRA OPERATIONS COMPANY LLCEIN 36-4833461Plan #002PY 2019
6555 SIERRA DRIVE 3S-20D - IRVING, TX 75039214-812-4600LinkedIn5001-10000 employeesutilities
Prospect flagsHigh retiree %Low returnsLow participationWind-down / frozen

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)
$323.2M
-7.5% from 2017
Total participants
974
+2.1% from 2017
Average account balance
$0
No prior year
Annual return
10.55%
+2.98 pp from 2017

Benchmarks

Peer group
Industry55 - Management of Companies and Enterprises
Plan typeDefined benefit
Participants250-999
Cohort36 peers
Snapshot2019
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $7,143
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $1,557,172
Admin fee / account holder
$0
median $8,714
Annual return
10.55%
median 18.05%
Overall peer rank
7th 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 16 · EIN 36-3109431
Consulting
$383,041
Service code 28 · EIN 33-0629048
Investment Management
$204,561
Service code 21 · EIN 36-2723087
Bank Trustee
$126,967
Service code 28 · EIN 20-8058531
Investment Management
$120,322
Service code 21 · EIN 13-5160382
Bank Trustee
$54,888

Enrolled actuary

1 attachment
SB

ALLISON LOGAN

AON CONSULTING, INC.
Enrollment #2007794
5005 LBJ FREEWAY
SUITE 1400
DALLAS, TX 75244
(214) 989-2641
Signed 2020-08-14

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

4 tripped
  • OpportunityLow participation

    Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

  • 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
$1.6M
$4131 / participant
  • Investment mgmt$325K20.5%
  • Contract admin$4K0.2%
  • Other / not subdivided$1M79.3%
% of EOY assets
0.492%
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