Plan Snapshot
- Plan Sponsor: Nv Energy, INC.
- Sponsor EIN: 880198358
- Sponsor Address: 6100 NEIL RD. M/S S2A20- TAX DEPT., RENO, NV, 89511
- Plan Type: Health & Welfare
- Plan Number: 507
- Total Participants: 2,652
- Total Assets: $100.2M
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 | 2,652 | $100.2M | $40.7M | $13.4M |
| 2023 | 2,597 | $100.3M | $34.4M | $11.9M |
| 2022 | 2,434 | $97.7M | $36.7M | $11.2M |
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 |
|---|---|---|---|---|
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $1,280,972 | — | $1,280,972 |
| EXPRESS SCRIPTS, INC | Other Service Provider | $455,585 | — | $455,585 |
| DELTA DENTAL INSURANCE COMPANY | Other Service Provider | $99,586 | — | $99,586 |
| PAYFLEX FSA | Other Service Provider | $95,617 | — | $95,617 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $34,957 | — | $34,957 |
| AON BENFIELD | Other Service Provider | $14,000 | — | $14,000 |
| VISION SERVICE PLAN | Other Service Provider | $13,429 | — | $13,429 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,994,146
- Estimated Expense Ratio: 1.991% 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 | $1,996,362 | $34,957 | $1,947,400 | — | — |
| 2023 | $1,534,873 | $33,908 | $1,485,960 | — | — |
| 2022 | $1,579,001 | $34,077 | $1,532,072 | — | $12,852 |