Plan Snapshot
- Plan Sponsor: National Grid Usa Service Company, INC.
- Sponsor EIN: 041663150
- Sponsor Address: 2 HANSON PLACE, BROOKLYN, NY, 11217
- Plan Type: Health & Welfare
- Plan Number: 509
- Total Participants: 0
- Total Assets: $162.8M
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 | 0 | $162.8M | $18.1M | $1.9M |
| 2023 | 0 | $150.0M | $2.7M | $1.5M |
| 2022 | 0 | $146.8M | $812,930 | $1.8M |
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 |
|---|---|---|---|---|
| T. ROWE PRICE ASSOCIATES, INC. | Other Service Provider | $240,135 | — | $240,135 |
| AON CONSULTING INC. | Recordkeeper | $32,181 | — | $32,181 |
| CLIFTONLARSONALLEN LLP | Auditor | $26,200 | — | $26,200 |
| BCHR US ACQUISITIONS INC | Other Service Provider | $15,552 | — | $15,552 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $11,903 | — | $11,903 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING INC. — Recordkeeper
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $325,971
- Estimated Expense Ratio: 0.200% 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 | $1,917,212 | $240,952 | — | $26,200 | — |
| 2023 | $5,537,222 | $241,252 | — | $22,584 | — |
| 2022 | $3,350,008 | $307,361 | — | — | $35,172 |