Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Public Service Enterprise Group
Public Service Enterprise Group 401(k)
- PEG NYSE
- Utilities
- Bethpage, NY
- EIN 45-4652143
- 2 plans with Schedule H financials
- Plan year 2024
- Public Service Enterprise Group Incorporated
- filed as Long Island Electric Utility Servco LLC
- SEC registrant Public Service Enterprise Group Inc
Administrative expenses excluding investment management, per participant · largest plan, Long Island Electric Utility Servco LLC Incentive Thrift Plan II · plan year 2024
$81.96
Higher than 64% of the 2,324 plans $250M to 1B that report it.
Source
= $138,592 / 1,691
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014134446NAL0001481011001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014134446NAL0001481011001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-14.
Largest plan, all six figures: Long Island Electric Utility Servco LLC Incentive Thrift Plan II
Administrative expenses excluding investment management, per participantheadline
$81.96
Higher than 64% of the 2,324 plans $250M to 1B that report it.
Source
= $138,592 / 1,691
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014134446NAL0001481011001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014134446NAL0001481011001, received 2025-10-14
Administrative expenses per participant
$81.96
Higher than 46% of the 2,405 plans $250M to 1B that report it.
Source
= $138,592 / 1,691
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014134446NAL0001481011001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014134446NAL0001481011001, received 2025-10-14
Administrative expenses as a share of assets
0.036%
Higher than 22% of the 2,407 plans $250M to 1B that report it.
Source
= $138,592 / $383,616,984
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014134446NAL0001481011001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014134446NAL0001481011001, received 2025-10-14
Employer contributions per participant
$20
Higher than 1% of the 2,457 plans $250M to 1B that report it.
Source
= $34,550 / 1,691
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014134446NAL0001481011001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014134446NAL0001481011001, received 2025-10-14
Employer share of total contributions
0.2%
Higher than 0% of the 2,459 plans $250M to 1B that report it.
Source
= $34,550 / $22,281,830
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014134446NAL0001481011001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014134446NAL0001481011001, received 2025-10-14
97.9% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($81.96 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Plan terms, as stated in Public Service Enterprise Group Incorporated's SEC filings
Employer match
“For employees in Thrift Plan I, Servco matches 50% of such employee contributions up to 8% of eligible compensation and provides core contributions (based on years of service and age) to employees who do not participate in Servco’s Retirement Income Plan.”
Form 10-K filed 2026-02-26, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Vesting
“All Participant contributions are always 100% vested in the Plan.”
Form 11-K filed 2026-06-23, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan.”
Form 11-K filed 2026-06-23, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
Plans sponsored
| Plan | Assets | Participants with a balance | Headline | Year |
|---|---|---|---|---|
| Long Island Electric Utility Servco LLC Incentive Thrift Plan II | $383,616,984 | 1,691 | $81.96 administrative expenses excl. investment management, per participant | 2024 |
| Long Island Electric Utility Servco LLC Incentive Thrift Plan I | $355,228,097 | 1,487 | $74.77 administrative expenses excl. investment management, per participant | 2024 |
Alerts, claims and corrections
Sponsor name as filed: LONG ISLAND ELECTRIC UTILITY SERVCO LLC; SEC registrant: PUBLIC SERVICE ENTERPRISE GROUP INC (CIK 788784, matched by 11-K plan title; display name from the Form 11-K cover).