Plan Snapshot
- Plan Sponsor: Avangrid Management Company LLC
- Sponsor EIN: 046931375
- Sponsor Address: 180 MARSH HILL ROAD, ORANGE, CT, 064773629
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $2.0B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $2.0B | $0 | $0 |
| 2023 | 0 | $2.2B | $0 | $0 |
| 2022 | 0 | $2.2B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MERCER INVESTMENTS LLC | Investment Advisor | $620,578 | — | $620,578 |
| WELLINGTON TRUST COMPANY | Other Service Provider | $468,426 | — | $468,426 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT | Other Service Provider | $288,148 | — | $288,148 |
| NORTHERN TRUST COMPANY | Other Service Provider | $63,801 | — | $63,801 |
| JOHN HANCOCK MUTUAL LIFE INS CO | Recordkeeper | $62,168 | — | $62,168 |
| BLACKROCK | Other Service Provider | $49,853 | — | $49,853 |
| STATE STREET RESEARCH & MANAGEMENT | Other Service Provider | $45,784 | — | $45,784 |
| METROPOLITAN LIFE INSURANCE COMPANY | Other Service Provider | $41,221 | — | $41,221 |
| STATE STREET GLOBAL ADVISORS TRUST | Other Service Provider | $36,518 | — | $36,518 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER INVESTMENTS LLC — Investment Advisor
- JOHN HANCOCK MUTUAL LIFE INS CO — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,676,497
- Estimated Expense Ratio: 0.083% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $21,142,141 | $4,373,729 | $170,665 | — | — |
| 2023 | $20,366,111 | $4,380,439 | $12,580 | — | — |
| 2022 | $19,735,002 | $4,008,395 | — | — | $504,322 |