Retirement plan

NRG PENSION PLAN FOR BARGAINED EMPLOYEES

Name: NRG AFFILIATE SERVICES, INC. - NRG PENSION PLAN FOR BARGAINED EMPLOYEES (2019) Form 5500
Creator: NRG AFFILIATE SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NRG PENSION PLAN FOR BARGAINED EMPLOYEES, NRG AFFILIATE SERVICES, INC.

NRG AFFILIATE SERVICES, INC.EIN 41-1960764Plan #005PY 2019

804 CARNEGIE CENTER - PRINCETON, NJ 085406213609-524-4500

Other plans on this EIN

3 filings

#001Retirement-$1.63B assets #004Retirement-$607.6M assets #006Retirement-$18.7M assets

Prospect flagsHigh retiree %Low employer contributionWind-down / frozen

How to read this page

Total assets (EOY)

$532.6M

-3.8% from 2016

Total participants

3,327

+1.9% from 2016

Average account balance

No prior year

Annual return

21.10%

-10.05 pp from 2016

Benchmarks

See 59 peers

Peer group

Industry22 - Utilities

Plan typeDefined benefit

Participants250-999

Cohort59 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$374.52M

Not enough data

1 years with asset history on file

Average account balance

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

$135K

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.

2,653

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.60M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$93K

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

+2.26%

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

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

Service providers

Top 6 by compensation

Provider	Service type	Compensation
ALIGHT SOLUTIONS LLC2 years Filed as: ALLIGHT Service code 11 · EIN 36-2235791	Actuarial	$1,019,026
BLACKROCK4 years Filed as: BLACKROCK CORP Service code 51 · EIN 94-3289737	Investment Mgmt Fees	$158,217
NORTHERN TRUST COMPANY5+ years Service code 21 · EIN 36-1561860	Bank Trustee	$157,887
AMERICAN FUNDS3 years Filed as: NEWPORT CAPITAL GROUP Service code 27 · EIN 86-1109193	Advisory (Plan)	$20,822
WARREN AVERETT, LLC3 years Filed as: WARREN AVERETT Service code 10 · EIN 45-4084437	Accounting	$12,020
BALLARD SPAHR LLP5+ years Filed as: BALLARD SPAHR ANDREWS AND INGERSOLL Service code 28 · EIN 23-0382195	Investment Management	$8,945

Enrolled actuary

1 attachment

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

Plan features & details

Pension benefit codes1A1C3H

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).
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 employer contribution
Employer contribution per participant 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

$3.3M

$10048 / participant

Other / not subdivided$3M100.0%

% of EOY assets

0.623%

all-in expense ratio

Categories reported

0 / 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

$3,370,408-100.0%

Participation rate

0.0%

0.0%0pp

1.2%-1.2pp

Annual return

21.10%

20.56%+0.5pp

13.45%+7.6pp

53.27%-32.2pp

Employer contribution / active EE

$25,506-100.0%

$26,057-100.0%

$14,774-100.0%

Participant deferral / active EE

$645-100.0%

$181-100.0%

$1,259-100.0%

Admin fee / account holder

$13,289-100.0%

Provider

Service type

Compensation

ALIGHT SOLUTIONS LLC2 years

Filed as: ALLIGHT

Service code 11 · EIN 36-2235791

Actuarial

$1,019,026

BLACKROCK4 years

Filed as: BLACKROCK CORP

Service code 51 · EIN 94-3289737

Investment Mgmt Fees

$158,217

NORTHERN TRUST COMPANY5+ years

Service code 21 · EIN 36-1561860

Bank Trustee

$157,887

AMERICAN FUNDS3 years

Filed as: NEWPORT CAPITAL GROUP

Service code 27 · EIN 86-1109193

Advisory (Plan)

$20,822

WARREN AVERETT, LLC3 years

Filed as: WARREN AVERETT

Service code 10 · EIN 45-4084437

Accounting

$12,020

BALLARD SPAHR LLP5+ years

Filed as: BALLARD SPAHR ANDREWS AND INGERSOLL

Service code 28 · EIN 23-0382195

Investment Management

$8,945

NRG PENSION PLAN FOR BARGAINED EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NRG PENSION PLAN FOR BARGAINED EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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