Retirement plan

NRG AFFILIATES EMPLOYEE SAVINGS PLAN

Name: NRG AFFILIATE SERVICES, INC - NRG AFFILIATES EMPLOYEE SAVINGS PLAN (2018) Form 5500
Creator: NRG AFFILIATE SERVICES, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NRG AFFILIATES EMPLOYEE SAVINGS PLAN, NRG AFFILIATE SERVICES, INC

NRG AFFILIATE SERVICES, INCEIN 41-1960764Plan #001PY 2018

804 CARNEGIE CENTER - PRINCETON, NJ 08540609-524-5292

Other plans on this EIN

3 filings

#004Retirement-$532.3M assets #005Retirement-$473.9M assets #006Retirement-$13.3M assets

Prospect flagsLow returnsFailed to provide benefitCorrective distributions

How to read this page

Total assets (EOY)

$1465.5M

-5.1% from 2016

Total participants

8,930

+15.2% from 2016

Average account balance

$167,984

-12.8% from 2016

Annual return

-23.74%

-7.73 pp from 2016

Benchmarks

See 69 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants1,000-4,999

Cohort69 peers

Snapshot2018

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.33B

Not enough data

1 years with asset history on file

Average account balance

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

$164K

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.

14,204

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.

67.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$117.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+18.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$52

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

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL4+ years Service code 37 · EIN 04-2647786	Loan Processing	$375,572
AMERICAN FUNDS4+ years Filed as: NEWPORT CAPITAL GROUP Service code 27 · EIN 86-1109193	Advisory (Plan)	$127,308
WARREN AVERETT, LLC3 years Filed as: WARREN AVERETT Service code 10 · EIN 45-4084437	Accounting	$15,000
BALLARD SPAHR LLP4+ years Filed as: BALLARD SPAHR Service code 29 · EIN 23-0382195	Legal	$5,629

Plan features & details

Pension benefit codes2F2G2J2K2T3H2E

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.0M

$219 / participant

Investment mgmt$500K47.9%
Other / not subdivided$544K52.1%

% of EOY assets

0.071%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WARREN AVERETT, LLC
Auditor EIN: 454084437
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$167,984

$144,389+16.3%

$90,782+85.0%

$75,289+123.1%

Participation rate

95.7%

92.2%+3.5pp

82.7%+13.0pp

72.4%+23.3pp

Annual return

-23.74%

0.91%-24.6pp

-3.42%-20.3pp

-0.04%-23.7pp

Employer contribution / active EE

$5,776

$4,529+27.5%

$4,105+40.7%

$2,405+140.2%

Participant deferral / active EE

$12,887

$7,882+63.5%

$5,366+140.2%

$3,739+244.7%

Admin fee / account holder

$120

$102+17.0%

$5,908-98.0%

$102+17.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL4+ years

Service code 37 · EIN 04-2647786

Loan Processing

$375,572

AMERICAN FUNDS4+ years

Filed as: NEWPORT CAPITAL GROUP

Service code 27 · EIN 86-1109193

Advisory (Plan)

$127,308

WARREN AVERETT, LLC3 years

Filed as: WARREN AVERETT

Service code 10 · EIN 45-4084437

Accounting

$15,000

BALLARD SPAHR LLP4+ years

Filed as: BALLARD SPAHR

Service code 29 · EIN 23-0382195

Legal

$5,629

NRG AFFILIATES EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NRG AFFILIATES EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion