# National Grid Usa Service Company, INC. Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/national-grid-usa-service-company-inc-041663150-511

> National Grid Usa Service Company, INC.&#39;s Health &amp; Welfare plan: 0 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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.](https://planprovider.pro/provider/alight-solutions) — Recordkeeper

- [CLIFTONLARSONALLEN LLP](https://planprovider.pro/provider/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|

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