# National Grid Usa Service Company, INC. DB Plan
Source: https://planprovider.pro/companies/national-grid-usa-service-company-inc-plan-001

> National Grid Usa Service Company, INC.&#39;s DB plan: 3,627 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:** DB

- **Total Participants:** 3,627

- **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|3,627|$1.2B|$0|$0|

| 2023|3,648|$1.1B|$0|$0|

| 2022|3,577|$1.2B|$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|

| AON CONSULTING INC|NONE|$650,584|—|$650,584|

| THE BANK OF NEW YORK MELLON|NONE|$563,328|—|$563,328|

| PACIFIC INVESTMENT MANAGEMENT|NONE|$344,576|—|$344,576|

| GOLDMAN SACHS ASSET MANAGEMENT|NONE|$308,174|—|$308,174|

| DODGE & COX|NONE|$262,405|—|$262,405|

| IR+M COLLECTIVE INVESTMENT|NONE|$239,119|—|$239,119|

| WESTERN ASSET MANAGEMENT|NONE|$121,435|—|$121,435|

| JP MORGAN ASSET INVESTMENT|NONE|$99,411|—|$99,411|

| CLIFTONLARSONALLEN LLP|NONE|$46,045|—|$46,045|

| MONDRIAN INVESTMENT GROUP (US)|NONE|$44,068|—|$44,068|

| QDRO CONSULTANTS CO LLC|NONE|$26,538|—|$26,538|

| STATE STREET BANK AND TRUST CO|NONE|$22,802|—|$22,802|

| STATE STREET GLOBAL ADVISORS|NONE|$10,191|—|$10,191|

### 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) — NONE

- [GOLDMAN SACHS ASSET MANAGEMENT](https://planprovider.pro/provider/goldman-sachs) — NONE

- [JP MORGAN ASSET INVESTMENT](https://planprovider.pro/provider/jp-morgan-asset-management) — NONE

- [CLIFTONLARSONALLEN LLP](https://planprovider.pro/provider/cliftonlarsonallen-llp) — NONE

- [STATE STREET BANK AND TRUST CO](https://planprovider.pro/provider/russell-investments) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $2,738,676

- **Estimated Expense Ratio:** 0.235% 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|$5,710,254|$1,499,162|—|$46,045|—|

| 2023|$4,416,522|$1,222,503|—|$40,885|—|

| 2022|$5,980,033|$2,511,841|—|—|$177,400|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/national-grid-usa-service-company-inc-plan-001)

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