Plan Snapshot
- Plan Sponsor: Eversource Energy Service Company
- Sponsor EIN: 060810627
- Sponsor Address: PO BOX 270, HARTFORD, CT, 061410270
- Plan Type: 401(k)
- Total Participants: 10,538
- Total Assets: $4.0B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 10,538 | $4.0B | $73.3M | $141.2M |
| 2023 | 10,041 | $3.8B | $64.6M | $127.2M |
| 2022 | 9,504 | $3.6B | $57.3M | $118.0M |
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 |
|---|---|---|---|---|
| FIONDELLA, MILONE & LASARACINA LLP | Auditor | $56,119 | — | $56,119 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,119
- Estimated Expense Ratio: 0.001% 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 | $1,405,620 | $848,361 | — | $56,119 | — |
| 2023 | $2,131,167 | — | — | — | — |
| 2022 | $1,033,985 | — | — | — | — |