Plan Ledger DOL Form 5500 · updated monthly

Talen Energy Supply, LLC401(k)

TALEN ENERGY RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Talen Energy Supply, LLC reported $541,451 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $12,180 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 0.10% to 0.09%. 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 164th-largest of 5,688 plans among Texas employers on file, and the 56th of 412 in utilities. In 2024, employees put in $1.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$663,781,517
Participants with balances2,659
Active participants1,984
Employer contributions$24,164,841
Employee contributions$27,288,467
Employer contribution per active participant$12,180
Average account balance$249,636
Benefits paid to participants$62,597,251
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$663.8M · 2,659 accts · $24.2M emplr
2023$533.3M · 2,440 accts · $17.3M emplr
2022$459.3M · 2,443 accts · $16.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,874
Investment management$109,280
Audit (IQPA)$28,790
Total administrative$541,451
The Talen Energy Supply, LLC 401(k) match · 2024
Employer contribution per active participant$12,180
Median for plans this size$4,294
2024$12,180 per active participant
2023$9,651 per active participant
2022$9,040 per active participant

Talen Energy Supply, LLC's 2024 employer contribution ran above the $4,294 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.

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
MORGAN STANLEY & CO INC · Investment advisory (plan)$282,672
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$120,712
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$109,280
BAKER TILLY US, LLP · Accounting / audit$28,790

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$541,451 · 0.09%
2023$347,777 · 0.07%
2022$491,232 · 0.10%
Same employer
Similar plansUtilities · Texas
Centerpoint Energy, Inc. TX$3.1B · 0.15%
Kinder Morgan, Inc. TX$2.9B · 0.11%
Atmos Energy Corporation TX$1.1B · 0.03%
Engie Holdings Inc. TX$560.3M · 0.06%
Ercot TX$464.9M · 0.06%
Cheniere Energy Inc. TX$394.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233074920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.