Centerpoint Energy, Inc.401(k) + ESOP (KSOP)
CENTERPOINT ENERGY SAVINGS PLAN · HOUSTON, TX · plan year 2021
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Centerpoint Energy, Inc. reported $4,224,495 in plan administrative expenses for 2021: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,103 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 6 years on file its reported administrative ratio rose from 0.12% to 0.15%. The plan sits in the over $1B size bracket, benchmarked here against 5 comparable plans and shown alongside other utilities employers. By assets it is the 43rd-largest of 5,688 plans among Texas employers on file, and the 20th of 412 in utilities. In 2021, employees put in $1.51 for every $1.00 the employer contributed; active participation has grown from 8,012 to 9,444 since 2018.
Centerpoint Energy, Inc.'s 2021 employer contribution ran above the $1,941 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 740694415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.