Plan Snapshot
- Plan Sponsor: Nisource INC.
- Sponsor EIN: 366968911
- Sponsor Address: 801 EAST 86TH AVENUE, MERRILLVILLE, IN, 46410
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $1.3B
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 | $1.3B | $0 | $0 |
| 2023 | 0 | $1.4B | $0 | $0 |
| 2022 | 0 | $1.4B | $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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC | Recordkeeper | $828,006 | $868 | $828,874 |
| WESTERN ASSET MANAGEMENT COMPANY | Other Service Provider | $608,679 | — | $608,679 |
| NORTHERN TRUST COMPANY | Custodian / Trustee | $520,729 | — | $520,729 |
| NISA INVESTMENT ADVISORS | Other Service Provider | $452,144 | — | $452,144 |
| AON CONSULTING | Recordkeeper | $298,573 | — | $298,573 |
| ABRDN INC. | Other Service Provider | $282,093 | — | $282,093 |
| MACQUARIE INVESTMENT MGMNT ADVISERS | Other Service Provider | $269,954 | — | $269,954 |
| BLACKROCK INSTITUTIONAL TRUST CO. | Other Service Provider | $234,540 | — | $234,540 |
| ALLSPRING GLOBAL INVESTMENTS, LLC | Other Service Provider | $225,699 | — | $225,699 |
| LCG ASSOCIATES INC | Other Service Provider | $155,621 | — | $155,621 |
| MCCONNELL & JONES | Auditor | $118,500 | — | $118,500 |
| PORTER, WRIGHT, MORRIS AND ARTHUR | Other Service Provider | $81,338 | — | $81,338 |
| LEGACY PROFESSIONALS LLP | Auditor | $17,594 | — | $17,594 |
| GLOUSTON CAPITAL PARTNERS, LLC | Other Service Provider | — | $17,049 | $17,049 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
- AON CONSULTING — Recordkeeper
- MCCONNELL & JONES — Auditor
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,111,387
- Estimated Expense Ratio: 0.305% 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 | $5,071,793 | $2,370,953 | — | $149,494 | — |
| 2023 | $5,686,914 | $2,703,794 | — | $104,916 | — |
| 2022 | $5,360,548 | $2,934,254 | $884,335 | — | $1,222,054 |