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Company:
CenterPoint Energy, Inc.
Plan:
CenterPoint Energy Savings Plan
 

CenterPoint Energy, Inc.

79 Plan: CenterPoint Energy Savings Plan

 
 
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91
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For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (79) and the top rated plan (91) could equate to:
[How is this calculated?]
9 additional years of work
Up to $61,500 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

CenterPoint Energy Savings Plan is a defined contribution plan with a 401k feature and ESOP component. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. CenterPoint Energy Savings Plan currently has over 10,700 active participants and over $1.5B in plan assets.

 

 Retirement Plan Details

Address 1111 Louisiana St
Houston, TX 77002-5230 
Industry Utilities
Administrator Marc Kilbride
Net Plan Assets $1,520,000,000
Total Participants 11,000
Avg Account Balance $140,000

 Compare Other Companies in Peer Group

Progress Energy 83.2
PacifiCorp 81.5
Xcel Energy 79.8
Ameren 79.8
National Grid USA 78.9
Constellation Energy Group 78.1

 Top 3 Funds in this 401k

1. Total Common Stocks 22%
2. BlackRock Equity Index 11%
3. Dwight Target 2 Fund 8%

  Plan Service Providers

Recordkeeper Financial Engines
Recordkeeper Aon Hewitt EnnisKnupp
Corporate Trustee Northern Trust
Consultant Aon Hewitt EnnisKnupp
Legal Counsel Law Office of Martin Bolt, PLLC
Auditor Mcconnell & Jones LLP

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