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: 511
- Total Participants: 0
- Total Assets: $353.6M
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 | $353.6M | $11.5M | $1.1M |
| 2023 | 0 | $353.4M | $0 | $1.1M |
| 2022 | 0 | $328.9M | $0 | $1.5M |
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 |
|---|---|---|---|---|
| WESTERN ASSET MANAGEMENT | Other Service Provider | $85,168 | — | $85,168 |
| DODGE & COX | Other Service Provider | $74,810 | — | $74,810 |
| LEGAL & GENERAL INVESTMENT | Other Service Provider | $55,673 | — | $55,673 |
| GRANTHAM, MAYO, VANOTTERLOO & CO. | Other Service Provider | $44,221 | — | $44,221 |
| AON CONSULTING INC. | Recordkeeper | $30,991 | — | $30,991 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $27,350 | — | $27,350 |
| INCOME RESEARCH & MANAGEMENT | Other Service Provider | $14,162 | — | $14,162 |
| CLIFTONLARSONALLEN LLP | Auditor | $11,865 | — | $11,865 |
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: $344,240
- Estimated Expense Ratio: 0.097% 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 | $561,601 | $278,905 | — | $11,865 | — |
| 2023 | $606,261 | $484,147 | — | $22,584 | — |
| 2022 | $674,244 | $586,328 | — | — | $35,107 |