Plan Ledger DOL Form 5500 · updated monthly

Nrg Affiliate Services, Inc401(k)

NRG AFFILIATES EMPLOYEE SAVINGS PLAN · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Nrg Affiliate Services, Inc reported $736,225 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $4,057 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 fell from 0.04% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other utilities employers. By assets it is the 30th-largest of 2,419 plans among New Jersey employers on file, and the 25th of 412 in utilities. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has grown from 6,623 to 11,745 since 2022.

Plan summary
Net assets, end of year$2,326,387,438
Participants with balances14,204
Active participants11,745
Employer contributions$47,651,390
Employee contributions$69,963,141
Employer contribution per active participant$4,057
Average account balance$163,784
Benefits paid to participants$215,436,644
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.3B · 14,204 accts · $47.7M emplr
2023$2.0B · 11,526 accts · $45.0M emplr
2022$1.8B · 11,922 accts · $29.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$359,142
Investment management$205,427
Total administrative$736,225
The Nrg Affiliate Services, Inc 401(k) match · 2024
Employer contribution per active participant$4,057
Median for plans this size$5,259
2024$4,057 per active participant
2023$6,948 per active participant
2022$4,479 per active participant

Nrg Affiliate Services, Inc's 2024 employer contribution ran below the $5,259 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 · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$359,142
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$205,427
NEWPORT CAPITAL GROUP,LLC · Consulting$150,906
WARREN AVERETT,LLC · Consulting$14,000
AON CONSULTING, INC. · Consulting$6,750

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$736,225 · 0.03%
2023$631,445 · 0.03%
2022$797,522 · 0.04%
Same employer
Similar plansUtilities · New Jersey
Kinder Morgan, Inc. TX$2.9B · 0.11%
Consumers Energy Company MI$2.9B · 0.03%
Wec Energy Group, Inc. WI$2.2B · 0.04%
Nisource Inc IN$2.0B · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411960764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.