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: Health & Welfare
- Plan Number: 540
- Total Participants: 7,530
- Total Assets: $64.2M
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 | 7,530 | $64.2M | $0 | $1.3M |
| 2023 | 7,441 | $56.5M | $0 | $1.1M |
| 2022 | 7,206 | $47.5M | $0 | $1.0M |
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 | $37,732 | — | $37,732 |
| COHNREZNICK LLP | Other Service Provider | $37,100 | — | $37,100 |
| METROPOLITAN LIFE INSURANCE COMPANY | Other Service Provider | $35,500 | — | $35,500 |
| THE BANK OF NEW YORK MELLON | Investment Advisor | $21,833 | — | $21,833 |
| ERNST AND YOUNG | Auditor | $8,362 | — | $8,362 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST AND YOUNG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $140,527
- Estimated Expense Ratio: 0.219% 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 | $132,896 | $29,831 | $35,500 | $37,100 | — |
| 2023 | $182,435 | $41,650 | — | $37,100 | — |
| 2022 | $189,507 | — | $51,979 | — | $137,528 |