# Long Island Electric Utility Servco LLC 401(k) Plan
Source: https://planprovider.pro/companies/long-island-electric-utility-servco-llc-401k-plan

> Long Island Electric Utility Servco LLC's 401(k) plan: 1,243 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Long Island Electric Utility Servco LLC

- **Sponsor EIN:** 454652143

- **Sponsor Address:** 999 STEWART AVE, BETHPAGE, NY, 11714

- **Plan Type:** 401(k)

- **Total Participants:** 1,243

- **Total Assets:** $355.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **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|1,243|$355.2M|$12.5M|$19.1M|

| 2023|1,137|$300.8M|$10.4M|$16.9M|

| 2022|1,054|$245.4M|$9.0M|$15.1M|

## 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|

| THE VANGUARD GROUP, INC.|NONE|$117,636|—|$117,636|

| KRONICK KALADA BERDY & CO. P.C.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [THE VANGUARD GROUP, INC.](https://planprovider.pro/provider/the-vanguard-group-inc) — NONE

- [KRONICK KALADA BERDY & CO. P.C.](https://planprovider.pro/provider/kronick-kalada-berdy-and-co-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $117,636

- **Estimated Expense Ratio:** 0.033% 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|$111,186|—|—|—|—|

| 2023|$90,165|—|—|—|—|

| 2022|$84,398|—|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/long-island-electric-utility-servco-llc-401k-plan)

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