Plan Snapshot
- Plan Sponsor: Talen Energy Supply, LLC
- Sponsor EIN: 233074920
- Sponsor Address: 2929 ALLEN PARKWAY, HOUSTON, TX, 770197100
- Plan Type: 401(k)
- Total Participants: 1,984
- Total Assets: $663.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,984 | $663.8M | $24.2M | $27.3M |
| 2023 | 1,793 | $533.3M | $17.3M | $28.4M |
| 2022 | 1,868 | $459.3M | $16.9M | $26.9M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY & CO INC | INVESTMENT ADVISOR | $282,672 | — | $282,672 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $120,712 | — | $120,712 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $109,280 | — | $109,280 |
| BAKER TILLY US, LLP | ACCOUNTANT/AUDITOR | $28,790 | — | $28,790 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY & CO INC — INVESTMENT ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- BAKER TILLY US, LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $541,454
- Estimated Expense Ratio: 0.082% 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 | $541,451 | $109,280 | $2,100 | $28,790 | — |
| 2023 | $347,777 | — | $1,800 | $30,955 | — |
| 2022 | $491,232 | $64,757 | — | — | — |