401(k) · DOL Form 5500 · 2023
Centerpoint Energy, Inc. 401(k) Plan
Data updated 2026-08-25
- $2.6B
- Total assets Very large vs avg
- 9,430
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $276,013
- Avg per participant High balance/head
Official DOL plan name: Centerpoint Energy Savings Plan · Sponsored by Centerpoint Energy, Inc. · Texas · Utilities
$2.6B in assets, 9,430 participants
Centerpoint Energy, Inc.'s Centerpoint Energy Savings Plan reported $2.6B in total assets and 9,430 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #681 in Utilities (721 peers)
Coverage in Texas
Centerpoint Energy Savings Plan covers 9,430 participants in Texas, 14x the typical Texas plan (state average ~688 per filing). Assets: $2.6B.
- #681
- in Utilities (721 peers)
- +9.6%
- assets growth YoY
- 26×
- vs typical plan assets (national mean)
Centerpoint Energy Savings Plan's outsized position by total assets
Centerpoint Energy Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,602,802,204 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Centerpoint Energy Savings Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Centerpoint Energy Savings Plan lands in the large band (9,430 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Centerpoint Energy Savings Plan reported net income rose from -$702M in the plan year 2022 filing to $229M in the plan year 2023 filing.
- Centerpoint Energy Savings Plan end-of-year assets rose from $2.4B in the plan year 2022 filing to $2.6B in the plan year 2023 filing.
- Centerpoint Energy Savings Plan reported participants fell from 9,444 in the plan year 2022 filing to 9,430 in the plan year 2023 filing.
DOL schedule card
Filing strip 740694415 · Centerpoint Energy, Inc. PY 2023 · 401(k)
Centerpoint Energy Savings Plan · $2.6B · 9,430 · 99th
- EOY $2.6B
- EOY 9,430
- EOY 99th
- EOY 401(k)
- EOY near Canon Employee Savings and Retirement Plan
- EOY ind #681
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 →
Centerpoint Energy Savings Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $2.4B |
|---|---|
| Net Assets (End of Year) | $2.6B |
| Net Income | $229M |
| Employer EIN | 740694415 |
| Plan Effective Date | 1973-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Centerpoint Energy, Inc.)
Sponsor-wide plan assets over time
All Centerpoint Energy, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $14.5B 319.62533662511845% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 15,978 | $3.5B |
| 2023 | 2 | 14,717 | $3.7B |
| 2024 | 6 | 48,552 | $14.5B |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- AT&T Retirement Savings Plan $40.0B · 119,854
- Exxonmobil Savings Plan $21.9B · 23,477
- Caterpillar 401(k) Savings Plan $16.5B · 41,679
- American Airlines, Inc. 401(k) Plan $14.7B · 88,792
- Dell Inc. 401(k) Plan $13.5B · 45,686
Scale composition for Centerpoint Energy Savings Plan
Centerpoint Energy Savings Plan reports $2.6B in end-of-year assets across 9,430 participants (0.021% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $276,013 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2023 was $229M.
This plan identity (EIN 740694415, plan #015) has 7 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.4B to $2.9B (+21.4%) while covered participants moved from 9,444 to 8,850 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 9,444 | $2.4B | Open filing |
| 2023 | 9,430 | $2.6B | This page |
| 2024 | 7,950 | $2.1B | Open filing |
| 2024 | 8,012 | $2.6B | Open filing |
| 2024 | 9,590 | $2.7B | Open filing |
| 2024 | 9,187 | $3.1B | Open filing |
| 2024 · index core | 8,850 | $2.9B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Centerpoint Energy Savings Plan (401(k), $2.9B, 8,850 participants)
- Centerpoint Energy Retirement Plan (Defined Benefit (Pension), $1.1B, 4,963 participants)
Centerpoint Energy Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Canon Employee Savings and Retirement Plan in NY ($2.6B); by covered participants it is Telephone and Data Systems, Inc. Tax-Deferred Savings Plan in WI (9,408 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.6B here).
- Canon Employee Savings and Retirement Plan (NY) $2.6B · 7,226
- Samsung 401(k) Plan (NJ) $2.6B · 13,555
- Fedex Corporation Retirement Savings Plan II (TN) $2.6B · 99,296
- Geisinger System Services 401(k) Savings Plan (PA) $2.6B · 23,124
Similar participant headcount
Nearest other-state filings by covered participants (9,430 participants); asset peers above are excluded.
- Telephone and Data Systems, Inc. Tax-Deferred Savings Plan (WI) 9,408 · 22 off
- Mantech International 401(k) Plan (VA) 9,454 · 24 off
- Usi 401(k) Plan (NY) 9,397 · 33 off
- Parsons Corporation Retirement Savings Plan (VA) 9,394 · 36 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.