Plan Snapshot
- Plan Sponsor: Nisource INC.
- Sponsor EIN: 352108964
- Sponsor Address: 801 EAST 86TH AVENUE, MERRILLVILLE, IN, 46410
- Plan Type: 401(k)
- Plan Number: 536
- Total Participants: 7,725
- Total Assets: $154.7M
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 | 7,725 | $154.7M | $101.3M | $29.8M |
| 2023 | 7,410 | $144.7M | $97.2M | $29.3M |
| 2022 | 7,309 | $138.2M | $89.6M | $29.4M |
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 |
|---|---|---|---|---|
| ANTHEM INSURANCE COMPANIES INC | Other Service Provider | $4,498,394 | — | $4,498,394 |
| BEACON HEALTH | Other Service Provider | $143,360 | — | $143,360 |
| MCCONNELL & JONES, LLP | Auditor | $58,500 | — | $58,500 |
| PORTER WRIGHT MORRIS AND ARTHUR | Other Service Provider | $55,760 | — | $55,760 |
| LEGACY PROFESSIONALS | Auditor | $20,303 | — | $20,303 |
| NORTHERN TRUST COMPANY | Other Service Provider | $18,994 | — | $18,994 |
| LCG ASSOCIATES INC | Other Service Provider | $11,913 | — | $11,913 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCCONNELL & JONES, LLP — Auditor
- LEGACY PROFESSIONALS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,807,224
- Estimated Expense Ratio: 3.107% 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 | $4,857,413 | $30,907 | $4,644,754 | $78,803 | — |
| 2023 | $4,670,750 | $33,665 | $4,412,065 | $62,539 | — |
| 2022 | $4,842,982 | — | $4,462,441 | — | $339,248 |