Plan Ledger DOL Form 5500 · updated monthly

Engie Holdings Inc.401(k)

ENGIE 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Engie Holdings Inc. reported $295,908 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $4,684 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 3 years on file its reported administrative ratio has held roughly steady near 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other utilities employers. By assets it is the 187th-largest of 5,688 plans among Texas employers on file, and the 62nd of 412 in utilities. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$560,336,709
Participants with balances4,577
Active participants3,304
Employer contributions$15,474,450
Employee contributions$31,085,443
Employer contribution per active participant$4,684
Average account balance$122,424
Benefits paid to participants$52,477,657
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$560.3M · 4,577 accts · $15.5M emplr
2023$488.3M · 4,391 accts · $13.5M emplr
2022$405.3M · 4,400 accts · $12.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$184,601
Investment management$88,732
Audit (IQPA)$22,575
Total administrative$295,908
The Engie Holdings Inc. 401(k) match · 2024
Employer contribution per active participant$4,684
Median for plans this size$4,294
2024$4,684 per active participant
2023$4,300 per active participant
2022$3,709 per active participant

Engie Holdings Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size. 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
BUCK GLOBAL LLC · Investment advisory (plan)$87,831
MCCONNELL & JONES LLP · Accounting / audit$22,575
EMPOWER ADVISORY GROUP, LLC · Investment management$901

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$295,908 · 0.06%
2023$287,136 · 0.06%
2022$245,193 · 0.05%
Same employer
Similar plansUtilities · Texas
Kinder Morgan, Inc. TX$2.9B · 0.11%
Atmos Energy Corporation TX$1.1B · 0.03%
Talen Energy Supply, LLC TX$663.8M · 0.09%
Ercot TX$464.9M · 0.06%
Cheniere Energy Inc. TX$394.0M · 0.05%
Par Petroleum LLC TX$247.9M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470977302 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.