Plan Snapshot
- Plan Sponsor: Public Service Enterprise Group Incorporated
- Sponsor EIN: 223393752
- Sponsor Address: 80 PARK PLAZA, T10, NEWARK, NJ, 071011171
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $4.4B
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 | $4.4B | $0 | $0 |
| 2023 | 0 | $4.6B | $0 | $0 |
| 2022 | 0 | $5.4B | $0 | $0 |
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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $2,629,936 | — | $2,629,936 |
| PRINCIPAL REAL ESTATE INVESTORS,LLC | Other Service Provider | $1,449,309 | — | $1,449,309 |
| ARROWSTREET CAPITAL LIMITED PARTNER | Other Service Provider | $1,420,531 | — | $1,420,531 |
| THE BANK OF NEW YORK MELLON | Custodian / Trustee | $1,198,133 | — | $1,198,133 |
| AON CONSULTING | Recordkeeper | $1,008,849 | — | $1,008,849 |
| MAWER INVESTMENT MANAGEMENT LTD | Other Service Provider | $828,336 | — | $828,336 |
| NISA INVESTMENT ADVISORS, LLC | Other Service Provider | $798,439 | — | $798,439 |
| LAZARD ASSET MANAGEMENT LLC | Other Service Provider | $753,060 | — | $753,060 |
| LEGAL & GENERAL INVESTMENT MGMT | Other Service Provider | $710,442 | — | $710,442 |
| J.O. HAMBRO | Other Service Provider | $706,877 | — | $706,877 |
| POLARIS CAPITAL MANAGEMENT LLC | Other Service Provider | $609,618 | — | $609,618 |
| CARDINAL CAPITAL MANAGEMENT | Other Service Provider | $511,915 | — | $511,915 |
| BLACKROCK INST. TRUST CO. NA | Other Service Provider | $199,307 | — | $199,307 |
| LOOMIS SAYLES & COMPANY, LP | Other Service Provider | $91,060 | — | $91,060 |
| RHUMBLINE INVESTORS LMTD PTNRSHIP | Other Service Provider | $78,383 | — | $78,383 |
| KRONICK KALADA BERDY & CO., P.C. | Auditor | $76,000 | — | $76,000 |
| IVINS, PHILLIPS & BARKER, CHARTERED | Other Service Provider | $40,019 | — | $40,019 |
| MSCI INC | Other Service Provider | $5,331 | — | $5,331 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- AON CONSULTING — Recordkeeper
- KRONICK KALADA BERDY & CO., P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,115,545
- Estimated Expense Ratio: 0.298% 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 | $29,686,281 | $8,157,278 | — | $76,000 | — |
| 2023 | $33,950,510 | $11,725,929 | — | $73,000 | — |
| 2022 | $18,382,286 | $17,044,065 | — | — | — |