Plan Snapshot
- Plan Sponsor: Consolidated Edison Company Of New York, INC.
- Sponsor EIN: 135009340
- Sponsor Address: 4 IRVING PLACE - 15TH FLOOR SOUTH, NEW YORK, NY, 10003
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 13,691
- Total Assets: $65.0M
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 | 13,691 | $65.0M | $2.6M | $3.1M |
| 2023 | 13,007 | $65.7M | $1.5M | $2.9M |
| 2022 | 12,851 | $57.6M | $3.0M | $3.1M |
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 |
|---|---|---|---|---|
| MELLON INVESTMENTS | Custodian / Trustee | $30,425 | — | $30,425 |
| ERNST AND YOUNG LLP | Auditor | $29,872 | — | $29,872 |
| THE BANK OF NEW YORK MELLON | Investment Advisor | $23,653 | — | $23,653 |
| COHNREZNICK LLP | Other Service Provider | $19,200 | — | $19,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST AND YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,150
- Estimated Expense Ratio: 0.159% 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 | $5,093,672 | $30,426 | — | $19,200 | — |
| 2023 | $128,963 | $47,190 | — | $19,700 | — |
| 2022 | $113,170 | $45,548 | — | — | $33,349 |