2023 Form 5500 filing — Talen Energy Retiree Health Plan For Bargaining Unit Retirees
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014172521NAL0015359939002) for Talen Energy Retiree Health Plan For Bargaining Unit Retirees, reported by Talen Energy Supply, LLC under EIN 23-3074920 and plan number 521. It reports 345 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014172521NAL0015359939002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Talen Energy Supply, LLC
- EIN
- 23-3074920
- Plan number
- 521
- Location
- Houston, TX
- Participants
- 345
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $58,869,410
- Total liabilities (EOY)
- $192,332
- Net assets (EOY)
- $58,677,078
- Participant contributions
- $1,220,788
- Total income / additions
- $7,903,372
- Benefits paid
- $2,557,375
- Administrative expenses
- $280,502
- Total expenses
- $2,837,877
- Net increase / (decrease)
- $5,065,495
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capital Blue Cross | CLAIMS PROCESSOR | $96,102 | not reported in the loaded dataset |
| Sage Advisory Svcs., Ltd., Co. | INVESTMENT MANAGER | $47,956 | not reported in the loaded dataset |
| Morgan Stanley Smith Barney | CONSULTANT | $45,400 | not reported in the loaded dataset |
| Baker Tilly Us, Llp | ACCOUNTANT/AUDITOR | $37,161 | not reported in the loaded dataset |
| Mellon Investments | INVESTMENT MANAGER | $26,554 | not reported in the loaded dataset |
| The Bank Of New York Mellon | TRUSTEE | $20,782 | not reported in the loaded dataset |
| Alight Health Market Insurance | HRA ADMINISTRATOR | $6,062 | not reported in the loaded dataset |