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: DB
- Total Participants: 10,314
- Total Assets: $15.6B
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 | 10,314 | $15.6B | $5.4M | $0 |
| 2023 | 10,608 | $16.2B | $13.4M | $0 |
| 2022 | 10,779 | $15.8B | $5.5M | $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 |
|---|---|---|---|---|
| JPMORGAN INVESTMENT MANAGEMENT INC | Recordkeeper | $7,775,647 | — | $7,775,647 |
| PRUDENTIAL INSURANCE COMPANY | Recordkeeper | $6,162,072 | — | $6,162,072 |
| NISA INVESTMENT ADVISORS, LLC | Other Service Provider | $2,690,437 | — | $2,690,437 |
| BLACKROCK FINANCIAL | Other Service Provider | $2,599,685 | — | $2,599,685 |
| WELLINGTON TRUST COMPANY NA | Other Service Provider | $1,923,114 | — | $1,923,114 |
| PYRFORD INTERNATIONAL LIMITED | Other Service Provider | $1,876,751 | — | $1,876,751 |
| SANDS CAPITAL MANAGEMENT, LLC | Other Service Provider | $1,866,914 | — | $1,866,914 |
| VOYA INVESTMENT MANAGEMENT CO. LLC | Other Service Provider | $1,457,388 | — | $1,457,388 |
| LEGAL & GENERAL INVESTMENT | Other Service Provider | $1,050,009 | — | $1,050,009 |
| GQG PARTNERS LLC | Other Service Provider | $1,018,808 | — | $1,018,808 |
| RBC GLOBAL ASSET MANAGEMENT (US)INC | Recordkeeper | $954,918 | — | $954,918 |
| FEDERATED HERMES INVESTMENT MGMT | Other Service Provider | $907,401 | — | $907,401 |
| MORGAN STANLEY AIP GP LP | Recordkeeper | $870,159 | — | $870,159 |
| BANK OF NEW YORK MELLON | Investment Advisor | $761,528 | — | $761,528 |
| GCM GROSVENOR | Other Service Provider | $730,436 | — | $730,436 |
| SEI INVESTMENTS | Other Service Provider | $664,590 | — | $664,590 |
| RUSSELL INVESTMENTS | Investment Advisor | $334,119 | — | $334,119 |
| MELLON INVESTMENTS | Other Service Provider | $191,795 | — | $191,795 |
| COHNREZNICK LLP | Other Service Provider | $127,750 | — | $127,750 |
| ERNST AND YOUNG | Other Service Provider | $78,316 | — | $78,316 |
| RHUMBLINE ADVISERS LP | Other Service Provider | $68,652 | — | $68,652 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $34,149 | — | $34,149 |
| TELUS HEALTH US LTD | Other Service Provider | $28,134 | — | $28,134 |
| RFN, INC. | Other Service Provider | $12,463 | — | $12,463 |
| INALYTICS LTD | Other Service Provider | $10,416 | — | $10,416 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JPMORGAN INVESTMENT MANAGEMENT INC — Recordkeeper
- PRUDENTIAL INSURANCE COMPANY — Recordkeeper
- RBC GLOBAL ASSET MANAGEMENT (US)INC — Recordkeeper
- MORGAN STANLEY AIP GP LP — Recordkeeper
- RUSSELL INVESTMENTS — Investment Advisor
- WILLIS TOWERS WATSON US LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,195,651
- 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 | $34,195,650 | $30,494,031 | — | $127,750 | — |
| 2023 | $53,161,977 | $33,567,593 | — | $129,450 | — |
| 2022 | $50,737,407 | $38,586,871 | — | — | $357,639 |