Plan Snapshot
- Plan Sponsor: Centerpoint Energy, INC.
- Sponsor EIN: 740694415
- Sponsor Address: 1111 LOUISIANA STREET, HOUSTON, TX, 770025230
- Plan Type: Health & Welfare
- Plan Number: 558
- Total Participants: 0
- Total Assets: $82.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $82.9M | $4.1M | $4.9M |
| 2023 | 0 | $84.8M | $2.9M | $5.4M |
| 2022 | 0 | $83.3M | $3.9M | $5.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BSWIFT | Other Service Provider | $256,989 | — | $256,989 |
| ALIGHT | Recordkeeper | $248,118 | — | $248,118 |
| BLUE CROSS BLUE SHIELD | Other Service Provider | $175,261 | — | $175,261 |
| DELTA DENTAL | Other Service Provider | $129,003 | — | $129,003 |
| MCCONNELL & JONES LLP | Auditor | $54,171 | — | $54,171 |
| CALLAN LLC | Other Service Provider | $33,271 | — | $33,271 |
| NORTHERN TRUST | Other Service Provider | $18,010 | — | $18,010 |
| CENTERPOINT ENERGY | Other Service Provider | $15,181 | — | $15,181 |
| PRINCIPAL TRUST COMPANY | Recordkeeper | $11,942 | — | $11,942 |
| CAREMARK | Other Service Provider | $8,018 | — | $8,018 |
| THE TALANCE GROUP | Other Service Provider | $5,250 | — | $5,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT — Recordkeeper
- MCCONNELL & JONES LLP — Auditor
- PRINCIPAL TRUST COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $955,214
- Estimated Expense Ratio: 1.153% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,043,000 | $33,000 | $822,000 | $54,000 | — |
| 2023 | $895,000 | $49,000 | $701,000 | $10,000 | — |
| 2022 | $983,000 | $30,000 | $672,000 | — | $52,000 |