Electric Reliability Council Of Texas, Inc. 401(k) Plan: Login, Facts & Contact Information

Electric Reliability Council Of Texas, Inc. 401(k) Plan Facts

Plan name
ELECTRIC RELIABILITY COUNCIL OF TEXAS 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ERCOT
Participants
1,182 (959 active employees)
Former employees with a balance
300
Plan assets
$464,929,561 at Dec 31, 2024
Average account balance
$370,757 across 1,254 accounts
Employer contributions
$21,053,974 in plan year 2024 (58% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1997
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 30, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $36.4 million went into the plan in contributions, $21.1 million of it from the employer (58%).
  • $29.6 million was paid out to participants.
  • Investment and other income added $62.2 million.
  • Administrative expenses were $251,907, about $201 per account.

How the Electric Reliability Council Of Texas, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019936$296.0 million$12.2 million$13.7 million
2020944$348.3 million$13.4 million$20.1 million
2021991$398.6 million$14.0 million$24.1 million
20221,010$330.9 million$14.6 million$25.9 million
20231,077$396.2 million$17.3 million$27.7 million
20241,182$464.9 million$21.1 million$29.6 million

Electric Reliability Council Of Texas, Inc. 401(k) Contact Information

Phone
512-248-6911
Mailing address
2705 WEST LAKE DRIVE, TAYLOR TX 76574
Plan sponsor
ERCOT
Employer identification number (EIN)
74-2587416
Plan number
002

Questions about the Electric Reliability Council Of Texas, Inc. 401(k)

Does Electric Reliability Council Of Texas, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $21.1 million, 58% of all contributions.

Does the Electric Reliability Council Of Texas, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Electric Reliability Council Of Texas, Inc 401(k) plan?

1,182 participants at the start of plan year 2024, 959 of them active employees, and 300 former employees who still had money in the plan.

What is the average 401(k) balance at Electric Reliability Council Of Texas, Inc?

About $370,757 per account: $464.9 million in plan assets across 1,254 accounts with a balance at the end of plan year 2024.

Who manages the Electric Reliability Council Of Texas, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Electric Reliability Council Of Texas, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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