Retirement plan

PUBLIC SERVICE ENTERPRISE GROUP INC. EMPLOYEE SAVINGS PLAN

Name: PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED - PUBLIC SERVICE ENTERPRISE GROUP INC. EMPLOYEE SAVINGS PLAN (2017) Form 5500
Creator: PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PUBLIC SERVICE ENTERPRISE GROUP INC. EMPLOYEE SAVINGS PLAN, PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED

PUBLIC SERVICE ENTERPRISE GROUP INCORPORATEDEIN 22-2625848Plan #006PY 2017

80 PARK PLAZA, T10 - NEWARK, NJ 071011171973-430-7000

Other plans on this EIN

2 filings

#001Retirement-$6.34B assets #004Retirement-$1.81B assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$1689.2M

+12.9% from 2016

Total participants

8,630

+1.7% from 2016

Average account balance

$204,732

+16.1% from 2016

Annual return

12.89%

+6.10 pp from 2016

Benchmarks

See 1,075 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants5,000-9,999

Cohort1,075 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$2.18B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$255K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

8,523

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$108.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.25%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2K2O2R2S3F

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants 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.
2J
Code section 401(k) feature
Cash 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.
2K
Code section 401(m) arrangement
Employee 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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

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

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: KRONICK, KALADA, BERDY & CO., P.C.
Auditor EIN: 232667890
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$204,732

$177,276+15.5%

$115,752+76.9%

$177,276+15.5%

Participation rate

94.5%

74.8%+19.7pp

77.8%+16.8pp

74.8%+19.7pp

Annual return

12.89%

21.25%-8.4pp

19.41%-6.5pp

21.25%-8.4pp

Employer contribution / active EE

$3,170

$2,479+27.9%

$3,492-9.2%

$2,479+27.9%

Participant deferral / active EE

$10,214

$3,881+163.2%

$5,204+96.3%

$3,881+163.2%

Admin fee / account holder

$154-100.0%

$6,278-100.0%

$154-100.0%

PUBLIC SERVICE ENTERPRISE GROUP INC. EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PUBLIC SERVICE ENTERPRISE GROUP INC. EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion