Centerpoint Energy Group Welfare Benefits Plan For Retirees — Form 5500 plan (Centerpoint Energy, Inc.)

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, Centerpoint Energy Group Welfare Benefits Plan For Retirees is a benefit plan reported by Centerpoint Energy, Inc. under EIN 74-0694415 and plan number 558. The latest loaded filing year is 2023. The filing reports 5,661 participants and $84,847,000 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Centerpoint Energy, Inc.
EIN
74-0694415
Plan number
558
Plan type
2
Location
Houston, TX
Latest filing year
2023
Participants
5,661
End-of-year plan assets
$84,847,000

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235,661H, C20241014092546NAL0025818721001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$84,847,000
Total liabilities (EOY)
$129,000
Net assets (EOY)
$84,718,000
Net assets (BOY)
$83,178,000

Income & contributions

Employer contributions
$2,939,000
Participant contributions
$5,432,000
Total contributions
$8,371,000
Total income / additions
$16,617,000

Expenses & distributions

Benefits paid
$14,182,000
Administrative expenses
$895,000
Total expenses
$15,077,000
Net increase / (decrease)
$1,540,000

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
BswiftNONE$359,000not reported in the loaded dataset2023
Blue Cross Blue ShieldNONE$185,000not reported in the loaded dataset2023
Delta DentalNONE$125,000not reported in the loaded dataset2023
Principal Trust CompanyNONE$31,000not reported in the loaded dataset2023
The Talance GroupNONE$29,408not reported in the loaded dataset2023
Callan LLCNONE$29,000not reported in the loaded dataset2023
Northern TrustNONE$18,000not reported in the loaded dataset2023
Mcconnell & Jones LlpNONE$10,000not reported in the loaded dataset2023

Related Form 5500 pages