Retirement plan
DYNEGY PENSION PLAN
VISTRA OPERATIONS COMPANY LLCdba VISTRA CORPEIN 36-4833461Plan #003PY 2023
Other plans on this EIN
2 filingsProspect flagsHigh retiree %Low returns
Filing contacts
From the Form 5500, federal recordPlan administrator signer
TONYA SAN ANGELO
Signed 10/15/2024
Summary metrics
Total assets (EOY)
$207.5M
-10.6% from 2019
Total participants
2,384
+14.3% from 2019
Average account balance
$0
No prior year
Annual return
6.68%
-24.49 pp from 2019
Benchmarks
Peer group
Industry22 - Utilities
Plan typeDefined benefit
Participants250-999
Cohort51 peers
Snapshot2023
0
Participant deferral / active EE
$0
median $512
26
Employer contribution / active EE
$12,972
median $14,184
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $134,777
0
Admin fee / account holder
$0
median $1,040
12
Annual return
6.68%
median 10.02%
Overall peer rank
19of 100
19th percentileavg across 6 metrics
Analytics
2018 - 2024
Total assets (EOY)
Plan-year ending balance
$206.07M
Average account balance
Total assets / participants with a balance (line 6g)
$90K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
1,476
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
$24.45M
Contributions per participant
Average employer and participant contribution per enrolled participant
$30K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+0.74%
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 3 by compensation
| Provider | Service type | Compensation |
|---|---|---|
AON INVESTMENTS USA INC4 years Service code 17 · EIN 36-3109431 | Pension Consulting | $1,130,671 |
Service code 28 · EIN 13-3142135 | Investment Management | $54,075 |
NORTHERN TRUST COMPANY6+ years Service code 21 · EIN 36-1561860 | Bank Trustee | $11,093 |
Enrolled actuary
1 attachment
SB
ALLISON LOGAN
AON CONSULTING, INC.
Enrollment #2307794
5005 LBJ FREEWAY
SUITE 1400
DALLAS, TX 75244
(214) 989-2641
Signed 2024-09-25
Plan features & details
Pension benefit codes1A1C1I3H
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 1CCash balance or similar planA 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).
- 1IFrozen planAs of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
2 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.
Expense breakdown
Schedule H Part II
Admin total
$3.0M
$3575 / participant
- Trustee / custodial$11K0.4%
- Investment mgmt$54K1.8%
- Actuarial$1M37.1%
- Other / not subdivided$2M60.8%
% of EOY assets
1.469%
all-in expense ratio
Categories reported
3 / 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