Plan Snapshot
- Plan Sponsor: National Grid Usa Service Company, INC.
- Sponsor EIN: 041663150
- Sponsor Address: 2 HANSON PLACE, BROOKLYN, NY, 11217
- Plan Type: 401(k)
- Plan Number: 600
- Total Participants: 0
- Total Assets: $2.6B
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 | $2.6B | $0 | $0 |
| 2023 | 0 | $1.1B | $0 | $0 |
| 2022 | 0 | $1.0B | $0 | $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 |
|---|---|---|---|---|
| WESTERN ASSET MANAGEMENT | Other Service Provider | $895,142 | — | $895,142 |
| GRANTHAM, MAYO, VANOTTERLOO & CO | Other Service Provider | $390,799 | — | $390,799 |
| LEGAL & GENERAL INVESTMENT | Other Service Provider | $378,875 | — | $378,875 |
| DODGE & COX | Other Service Provider | $234,795 | — | $234,795 |
| INCOME RESEARCH & MANAGEMENT | Other Service Provider | $148,175 | — | $148,175 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $145,067 | — | $145,067 |
| AON CONSULTING INC. | Recordkeeper | $116,952 | — | $116,952 |
| STATE STREET BANK AND TRUST CO | Investment Advisor | $51,553 | — | $51,553 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING INC. — Recordkeeper
- STATE STREET BANK AND TRUST CO — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,361,358
- Estimated Expense Ratio: 0.090% 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 | $2,392,211 | $2,099,339 | — | $2,470 | — |
| 2023 | $1,635,468 | $1,402,930 | — | $2,344 | — |
| 2022 | $1,658,020 | $1,501,064 | — | — | $4,320 |