Retirement plan

REVISED RETIREMENT PLAN FOR EMPLOYEES OF ELECTRIC ENERGY, INC.

VISTRA OPERATIONS COMPANY LLCEIN 36-4833461Plan #004PY 2022
6555 SIERRA DRIVE 2S-20K - IRVING, TX 75039214-812-4600LinkedIn5001-10000 employeesutilities
Prospect flagsRecently cancelled planLow returnsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(214) 812-4600
Plan administrator signer
TONYA SAN ANGELO
Signed 10/12/2023

Summary metrics

Total assets (EOY)
$0
-7.1% from 2019
Total participants
0
+46.2% from 2019
Average account balance
$0
No prior year
Annual return
-58.59%
-32.87 pp from 2019

Benchmarks

Peer group
Industry22 - Utilities
Plan typeDefined benefit
Participants<25
Cohort105 peers
Snapshot2022
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $21,987
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $139,504
Admin fee / account holder
$0
median $447
Annual return
-58.59%
median -13.98%
Overall peer rank
12th percentileavg across 6 metrics

Analytics

2018 - 2024
Total assets (EOY)
Plan-year ending balance
$18.19M
Average account balance
Total assets / participants with a balance (line 6g)
$21K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
318
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
$860K
Contributions per participant
Average employer and participant contribution per enrolled participant
$2K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-4.48%
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 2 by compensation
ProviderService typeCompensation
Service code 16 · EIN 36-3109431
Consulting
$270,885
Service code 21 · EIN 36-1561860
Bank Trustee
$9,243

Enrolled actuary

1 attachment
SB

ALLISON LOGAN

AON CONSULTING, INC.
Enrollment #2307794
5005 LBJ FREEWAY
SUITE 1400
DALLAS, TX 75244
(214) 989-2641
Signed 2023-08-15

Plan features & details

Pension benefit codes1A
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).

Opportunity flags

3 tripped
  • OpportunityLow returns

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

  • 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.

  • InformationalRecently cancelled plan

    Plan reported a final filing / termination within the last year.

Expense breakdown

Schedule H Part II
Admin total
$378K
  • Investment mgmt$2K0.5%
  • Other / not subdivided$376K99.5%
% of EOY assets
-
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