Plan Snapshot
- Plan Sponsor: Public Service Enterprise Group Incorporated
- Sponsor EIN: 223427660
- 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 | $4.0B | $0 | $0 |
| 2022 | 0 | $3.7B | $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 |
|---|---|---|---|---|
| INVESCO ADVISORS, INC | Other Service Provider | $534,926 | — | $534,926 |
| FID INV INST OPS CO | Recordkeeper | $442,941 | — | $442,941 |
| BLACKROCK FINANICAL | Other Service Provider | $415,215 | — | $415,215 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $207,152 | — | $207,152 |
| KRONICK KALADA BERDY & CO | Auditor | $72,800 | — | $72,800 |
| WILLIS TOWER WATSON US LLC | Recordkeeper | $53,197 | — | $53,197 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — Recordkeeper
- KRONICK KALADA BERDY & CO — Auditor
- WILLIS TOWER WATSON US LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,726,231
- Estimated Expense Ratio: 0.039% 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 | $2,415,616 | $950,141 | — | $72,800 | — |
| 2023 | $2,135,171 | $2,127,955 | — | $70,000 | — |
| 2022 | $2,167,948 | $1,042,765 | — | — | $951,815 |