Plan Snapshot
- Plan Sponsor: Eversource Energy Service Company
- Sponsor EIN: 060810627
- Sponsor Address: P.O. BOX 270, HARTFORD, CT, 061410270
- Plan Type: DB
- Total Participants: 3,150
- Total Assets: $5.8B
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 | 3,150 | $5.8B | $0 | $1,782 |
| 2023 | 3,428 | $5.9B | $0 | $3,872 |
| 2022 | 3,717 | $5.9B | $75.0M | $3,668 |
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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $1,806,897 | — | $1,806,897 |
| NORTHEAST UTILITIES SVC CO. | Other Service Provider | $962,912 | — | $962,912 |
| ALIGHT HOLDING COMPANY LLC | Recordkeeper | $490,861 | — | $490,861 |
| NEPC, LLC | Recordkeeper | $443,356 | — | $443,356 |
| STATE STREET BANK AND TRUST | Other Service Provider | $294,568 | — | $294,568 |
| AON CONSULTING INC. | Recordkeeper | $225,956 | — | $225,956 |
| JOHN HANCOCK | Recordkeeper | $115,555 | — | $115,555 |
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $46,230 | — | $46,230 |
| FIONDELLA, MILONE & LASARACINA LLP | Other Service Provider | $41,250 | — | $41,250 |
| SHEPPARD MULLIN RICHTER | Other Service Provider | $23,184 | — | $23,184 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- ALIGHT HOLDING COMPANY LLC — Recordkeeper
- NEPC, LLC — Recordkeeper
- AON CONSULTING INC. — Recordkeeper
- JOHN HANCOCK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,450,769
- Estimated Expense Ratio: 0.077% 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 | $6,290,483 | — | — | $41,250 | — |
| 2023 | $4,379,417 | — | — | $38,500 | — |
| 2022 | $5,433,098 | — | $3,272,341 | — | $459,630 |