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: 553
- Total Participants: 0
- Total Assets: $41.8M
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 | $41.8M | $2.1M | $22.8M |
| 2023 | 0 | $34.2M | $1.8M | $22.7M |
| 2022 | 0 | $30.6M | $1.5M | $20.9M |
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 |
|---|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO | Other Service Provider | $863,143 | — | $863,143 |
| CVS PHARMACY, INC | Other Service Provider | $786,663 | — | $786,663 |
| COHNREZNICK LLP | Other Service Provider | $54,000 | — | $54,000 |
| WEX HEALTH INC | ERISA Attorney | $53,750 | — | $53,750 |
| BUCK GLOBAL, LLC | Other Service Provider | $32,034 | — | $32,034 |
| THE BANK OF NEW YORK MELLON | Investment Advisor | $21,333 | — | $21,333 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $16,268 | — | $16,268 |
| ERNST AND YOUNG | Auditor | $9,396 | — | $9,396 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEX HEALTH INC — ERISA Attorney
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- ERNST AND YOUNG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,836,587
- Estimated Expense Ratio: 4.393% 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 | $2,150,402 | — | $1,703,631 | $54,000 | — |
| 2023 | $2,518,100 | — | $2,012,246 | $58,000 | — |
| 2022 | $2,284,365 | $227,165 | $1,661,853 | — | $51,000 |