GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN
Plan Contact
- Address: 1360 POST OAK BLVD,,HOUSTON,TX
- Contact person: DONELDA CONEY
- Phone: (832) 910-9199
Plan General Information
GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN Total Retirement Plan Assets
At the end of 2018, the total retirement plan assets of GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN is $304,962,398.00.This plan was established in 2018.
GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN Total Number of Retirement Plan Participants
At the end of 2018, the total number of retirement plan participants in GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN is 1207
GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN Average Participant Retirement Account Value
In 2018, the average participant retirement account value for GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN is $252,661.00
GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN Estimated Average Employee Contribution Amount
In 2018, the estimated average employee contribution amount per participant for GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN is $18,132.00.
GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN Estimated Average Employer Match
In 2018, the estimated average employer match for an employee in GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN is approximately $5,443.00
Investing in this additonal $5,443.00 for 20 years would give you extra $348,401.00, assuming a 10% annual return.
Investing in this additonal $5,443.00 for 20 years would give you extra $348,401.00, assuming a 10% annual return.
GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN Total Employer Contribution and Match Rate
In 2018, GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN allocates $6,570,630.00 to match its employees' contributions, providing an employer match rate of 60.05% of their contributions
GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN Expense Ratio
In 2018, the investment and administrative expense ratio of GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN is 0.01%.
Enrollment Features
GENON ENERGY, INC. EMPLOYEE SAVINGS PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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