Genon Services, LLC401(k)
GENON ENERGY EMPLOYEE SAVINGS PLAN · HOUSTON, TX · plan year 2022
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Genon Services, LLC reported $23,329 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,458 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 2 years on file its reported administrative ratio rose from 0.01% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other utilities employers. By assets it is the 401st-largest of 5,688 plans among Texas employers on file, and the 104th of 412 in utilities. In 2022, employees put in $1.74 for every $1.00 the employer contributed.
Genon Services, LLC's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 562368220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.