# National Grid Usa Service Company, INC. Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/national-grid-usa-service-company-inc-041663150-521

> 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:** 521

- **Total Participants:** 0

- **Total Assets:** $1.2B

## 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|$1.2B|$48.0M|$10.3M|

| 2023|5,050|$1.2B|$0|$10.2M|

| 2022|0|$1.1B|$0|$9.1M|

## 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|

| WESTERN ASSET MANAGEMENT|Other Service Provider|$284,388|—|$284,388|

| DODGE & COX|Other Service Provider|$253,752|—|$253,752|

| LEGAL & GENERAL INVESTMENT|Other Service Provider|$190,622|—|$190,622|

| GRANTHAM, MAYO, VAN OTTERLOO|Other Service Provider|$117,114|—|$117,114|

| AON CONSULTING INC.|Recordkeeper|$75,208|—|$75,208|

| INCOME RESEARCH & MANAGEMENT|Other Service Provider|$49,681|—|$49,681|

| THE BANK OF NEW YORK MELLON|Other Service Provider|$32,998|—|$32,998|

| CLIFTONLARSONALLEN LLP|Auditor|$11,865|—|$11,865|

| SSGA S&P 500 INDEX NON LENDING|Other Service Provider|$9,881|—|$9,881|

### 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:** $1,025,509

- **Estimated Expense Ratio:** 0.087% 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|$1,636,971|$909,875|—|$11,865|—|

| 2023|$1,789,251|$1,507,653|—|$22,584|—|

| 2022|$1,695,939|—|—|—|—|

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