Electric Reliability Council Of Texas 401(K) Savings Plan — Form 5500 plan (Ercot)

Plain-English plan 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, Electric Reliability Council Of Texas 401(K) Savings Plan is a benefit plan reported by Ercot under EIN 74-2587416 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,077 participants and $396,223,615 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ercot
EIN
74-2587416
Plan number
002
Plan type
2
Location
Taylor, TX
Latest filing year
2023
Participants
1,077
End-of-year plan assets
$396,223,615

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,077H, C20240905082320NAL0020806785001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$396,223,615
Total liabilities (EOY)
$0
Net assets (EOY)
$396,223,615
Net assets (BOY)
$330,947,869

Income & contributions

Employer contributions
$17,308,740
Participant contributions
$12,016,072
Total contributions
$32,072,975
Total income / additions
$93,082,839

Expenses & distributions

Benefits paid
$27,708,267
Administrative expenses
$98,826
Total expenses
$27,807,093
Net increase / (decrease)
$65,275,746

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$67,973$02023
Greystone ConsultingINVESTMENT ADVISOR$32,127not reported in the loaded dataset2023

Related Form 5500 pages