401(k) · DOL Form 5500 · 2023

ERCOT 401(k) Plan

Data updated 2026-08-25

$396M
Total assets Above avg plan size
784
Participants Near avg headcount
97th
Percentile by assets National rank
$505,387
Avg per participant High balance/head
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Official DOL plan name: Electric Reliability Council of Texas 401(k) Savings Plan · Sponsored by ERCOT · Texas · Utilities

$396M in assets, 784 participants

ERCOT's Electric Reliability Council of Texas 401(k) Savings Plan reported $396M in total assets and 784 participants in its 2023 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #575 in Utilities (721 peers)

Where Electric Reliability Council of Texas 401(k) Savings Plan sits by assets

Electric Reliability Council of Texas 401(k) Savings Plan sits in the top 5% of all filed plans by assets, $396M for 784 participants (~$505,387/participant), up 19.7% in 2023.

#575
in Utilities (721 peers)
+19.7%
assets growth YoY
4.0×
vs typical plan assets (national mean)

Electric Reliability Council of Texas 401(k) Savings Plan's outsized position by total assets

Electric Reliability Council of Texas 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$396,223,615 Top 3% higher than 97% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Electric Reliability Council of Texas 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Electric Reliability Council of Texas 401(k) Savings Plan sits mid-pack in the medium band (784 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Electric Reliability Council of Texas 401(k) Savings Plan reported net income rose from -$68M in the plan year 2022 filing to $65M in the plan year 2023 filing.
  • Electric Reliability Council of Texas 401(k) Savings Plan end-of-year assets rose from $331M in the plan year 2022 filing to $396M in the plan year 2023 filing.
  • Electric Reliability Council of Texas 401(k) Savings Plan reported participants rose from 763 in the plan year 2022 filing to 784 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 742587416 · ERCOT PY 2023 · 401(k)

Electric Reliability Council of Texas 401(k) Savings Plan · $396M · 784 · 97th

  • NET $396M
  • BOOK 784
  • VS-ST 97th
  • BOY 401(k)
  • SCH near Wells Enterprises, Inc. 401(k) Plan
  • EBSA ind #575

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Texas →

Electric Reliability Council of Texas 401(k) Savings Plan in the asset neighbourhood

Electric Reliability Council of Texas 401(k) Savings PlanElectric Reliability Council…$396MWells Enterprises, Inc. 401(k) PlanWells Enterprises, Inc. 401(…$396MPhi Group, Inc. 401(k) Retirement PlanPhi Group, Inc. 401(k) Retir…$396MShands Jacksonville Retirement PlanShands Jacksonville Retireme…$396MLoeb & Loeb LLP Profit Sharing and 401(k) PlanLoeb & Loeb LLP Profit Shari…$396M
End-of-year total assets ($M) among Electric Reliability Council of Texas 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$331M
Net Assets (End of Year)$396M
Net Income$65M
Employer EIN742587416
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (ERCOT)

Sponsor-wide plan assets over time

All ERCOT plans reported in each filing year

Latest sponsor-wide plan assets
$465M 40.48422865052502% vs 2022
2024 filing year
$300M$350M$400M$450M$500M 202220232024 $331M $465M ▲ +40.5%
Year Plans Participants Total Assets
2022 1 763 $331M
2023 1 784 $396M
2024 1 890 $465M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Electric Reliability Council of Texas 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Electric Reliability Council of Texas 401(k) Savings Plan, Total assets ($B): 0.396223615 · Participants: 784Electric Reliability Council of Texas 401(k) Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Electric Reliability Council of Texas 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Electric Reliability Council of Texas 401(k) Savings Plan side-by-side with 3 peers →

Electric Reliability Council of Texas 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Wells Enterprises, Inc. 401(k) Plan in IA ($396M); by covered participants it is Greenfield Senior Living 401(k) Plan in VA (784 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($396M here).

Similar participant headcount

Nearest other-state filings by covered participants (784 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Electric Reliability Council of Texas 401(k) Savings Plan assets move in 2023? ▼
Electric Reliability Council of Texas 401(k) Savings Plan grew sharply - up 19.7% during 2023, from $331M to $396M. Reported net income was $65M.
How have ERCOT plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), ERCOT's sponsor-wide assets grew 40.5%, from $331M to $465M.
Where does Electric Reliability Council of Texas 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Electric Reliability Council of Texas 401(k) Savings Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Electric Reliability Council of Texas 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wells Enterprises, Inc. 401(k) Plan in IA ($396M, 3,998 participants).
Which 401(k) plans cover a similar participant headcount to Electric Reliability Council of Texas 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Greenfield Senior Living 401(k) Plan in VA (784 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 742587416.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.