Plan Snapshot
- Plan Sponsor: Talen Energy Supply, LLC
- Sponsor EIN: 233074920
- Sponsor Address: 2929 ALLEN PARKWAY, HOUSTON, TX, 77019
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,941
- Total Assets: $22.0M
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 | 1,941 | $22.0M | $20.4M | $8.8M |
| 2023 | 2,544 | $31.1M | $32.5M | $8.8M |
| 2022 | 2,565 | $29.0M | $22.5M | $7.8M |
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 |
|---|---|---|---|---|
| CAPITAL BLUE CROSS | Other Service Provider | $166,737 | — | $166,737 |
| BAKER TILLY US, LLP | Auditor | $62,840 | — | $62,840 |
| SAGE ADVISORY SVCS., LTD. CO. | Investment Advisor | $26,606 | — | $26,606 |
| MORGAN STANLEY SMITH BARNEY | Recordkeeper | $24,146 | — | $24,146 |
| THE BANK OF NEW YORK MELLON | Custodian / Trustee | $22,011 | — | $22,011 |
| MELLON INVESTMENTS | Investment Advisor | $15,080 | — | $15,080 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
- MORGAN STANLEY SMITH BARNEY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $317,420
- Estimated Expense Ratio: 1.444% 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 | $327,001 | $25,421 | — | $62,840 | — |
| 2023 | $366,196 | $30,859 | — | $95,165 | — |
| 2022 | $307,872 | $46,451 | — | — | $19,020 |