Electric Reliability Council of Texas

88

Overview

Plan Rating

BrightScope Rating
88
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (39)
Average in Peer Group (81)
Highest in Peer Group (92)

Plan Description

Electric Reliability Council of Texas 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 88, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Salary Deferral. Electric Reliability Council of Texas 401k Savings Plan currently has over 900 active participants and over $296.0M in plan assets.

Did you know?

For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (88) and the top rated plan (92) could equate to:
4
Additional years of work
31,246
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 2705 West Lake Drive
  • Location
    Taylor , TX
  • 76574
  • Industry
    Utilities
  • Administrator
    Mara Spak
  • Net Plan Assets
    $296,000,000
  • Total Participants
    940
  • Avg Account Balance
    $310,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Great
Account Balance:
Great

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Great
Account Balance:
Great

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

33

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
T. Rowe Price Retirement I 28%
1%
Vanguard Institutional Index 11%
13%
Fidelity Contrafund K6 10%
82%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
Morgan Stanley
Recordkeeper
Fidelity
Auditor
ML&R Wealth Management LLC

Articles and Questions

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