Plan Snapshot
- Plan Sponsor: Long Island Electric Utility Servco LLC
- Sponsor EIN: 454652143
- Sponsor Address: 999 STEWART AVE, BETHPAGE, NY, 11714
- Plan Type: DB
- Total Participants: 1,814
- Total Assets: $513.3M
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 | 1,814 | $513.3M | $23.4M | $0 |
| 2023 | 1,784 | $458.5M | $25.2M | $0 |
| 2022 | 1,794 | $388.6M | $18.4M | $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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | NONE | $821,036 | — | $821,036 |
| INCOME RESEARCH & MANAGEMENT | NONE | $241,612 | — | $241,612 |
| PRINCIPAL REAL ESTATE INVESTORS LLC | NONE | $176,130 | — | $176,130 |
| BNY MELLON | INVESTMENT MANAGEMENT | $118,358 | — | $118,358 |
| LEGAL & GENERAL INVESTMENT MANAGEME | NONE | $76,937 | — | $76,937 |
| THE BANK OF NEW YORK MELLON | TRUSTEE | $62,266 | — | $62,266 |
| KRONICK KALADA BERDY & CO., P.C. | NONE | $23,500 | — | $23,500 |
| AON CONSULTING INC | NONE | $13,152 | — | $13,152 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — NONE
- KRONICK KALADA BERDY & CO., P.C. — NONE
- AON CONSULTING INC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,532,991
- Estimated Expense Ratio: 0.299% 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 | $1,788,867 | $613,080 | — | $23,500 | — |
| 2023 | $3,203,208 | $440,562 | — | $22,600 | — |
| 2022 | $1,438,283 | $541,765 | — | — | $96,455 |