Plan Snapshot
- Plan Sponsor: Talen Energy Supply, LLC
- Sponsor EIN: 233074920
- Sponsor Address: 2929 ALLEN PARKWAY, HOUSTON, TX, 770197100
- Plan Type: 401(k)
- Plan Number: 521
- Total Participants: 418
- Total Assets: $58.4M
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 | 418 | $58.4M | $0 | $1.2M |
| 2023 | 388 | $58.9M | $0 | $1.2M |
| 2022 | 345 | $54.1M | $0 | $1.1M |
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 | $96,350 | — | $96,350 |
| MORGAN STANLEY SMITH BARNEY | Recordkeeper | $62,725 | — | $62,725 |
| SAGE ADVISORY SVCS., LTD., CO. | Investment Advisor | $50,651 | — | $50,651 |
| MELLON INVESTMENTS | Investment Advisor | $30,383 | — | $30,383 |
| BAKER TILLY US, LLP | Auditor | $28,190 | — | $28,190 |
| THE BANK OF NEW YORK MELLON | Custodian / Trustee | $26,658 | — | $26,658 |
| ALIGHT HEALTH MARKET INSURANCE | Recordkeeper | $7,334 | — | $7,334 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — Recordkeeper
- BAKER TILLY US, LLP — Auditor
- ALIGHT HEALTH MARKET INSURANCE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $302,291
- Estimated Expense Ratio: 0.517% 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 | $377,398 | $81,033 | $99,615 | $28,190 | — |
| 2023 | $280,502 | $74,510 | $96,102 | $37,161 | — |
| 2022 | $259,991 | $37,910 | $116,068 | — | $9,106 |