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)
- Total Participants: 15,022
- Total Assets: $6.4B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 15,022 | $6.4B | $87.7M | $215.4M |
| 2023 | 14,092 | $5.6B | $76.5M | $197.3M |
| 2022 | 13,837 | $4.9B | $70.2M | $187.3M |
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 |
|---|---|---|---|---|
| VANGUARD ADVISORS, INC. | NONE | $2,582,195 | — | $2,582,195 |
| VANGUARD GROUP INC. | NONE | $1,029,590 | — | $1,029,590 |
| NEWPORT TRUST COMPANY | NONE | $58,346 | — | $58,346 |
| MORNINGSTAR | NONE | $32,463 | — | $32,463 |
| CEM BENCHMARKING | NONE | $25,500 | — | $25,500 |
| COHNREZNICK LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISORS, INC. — NONE
- MORNINGSTAR — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,728,094
- Estimated Expense Ratio: 0.059% 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 | $4,196,415 | — | — | — | — |
| 2023 | $3,439,573 | — | — | — | — |
| 2022 | $3,556,929 | — | — | — | — |