Plan Snapshot
- Plan Sponsor: Nisource INC.
- Sponsor EIN: 352108964
- Sponsor Address: 801 EAST 86TH AVENUE, MERRILLVILLE, IN, 464106271
- Plan Type: DB
- Total Participants: 987
- Total Assets: $333.8M
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 | 987 | $333.8M | $0 | $0 |
| 2023 | 1,103 | $364.0M | $0 | $0 |
| 2022 | 1,202 | $371.9M | $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 |
|---|---|---|---|---|
| ABRDN INC | Other Service Provider | $1,314,076 | — | $1,314,076 |
| ALLSPRING GLOBAL INVESTMENTS, LLC | Other Service Provider | $114,739 | — | $114,739 |
| NORTHERN TRUST COMPANY | Other Service Provider | $67,114 | — | $67,114 |
| MACQUARIE INVESTMENT MGMNT ADVISERS | Other Service Provider | $44,348 | — | $44,348 |
| MCCONNELL & JONES LLP | Auditor | $43,500 | — | $43,500 |
| PORTFOLIO ADVISORS LP | Other Service Provider | $26,489 | — | $26,489 |
| AON CONSULTING | Recordkeeper | $26,299 | — | $26,299 |
| GLOUSTON CAPITAL | Other Service Provider | $12,118 | — | $12,118 |
| BLACKROCK INSTITUTIONAL TRUST CO. | Other Service Provider | $10,355 | — | $10,355 |
| PORTER, WRIGHT, MORRIS AND ARTHUR | Other Service Provider | $9,828 | — | $9,828 |
| SIGULAR GUFF | Other Service Provider | $9,717 | — | $9,717 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCCONNELL & JONES LLP — Auditor
- AON CONSULTING — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,678,583
- Estimated Expense Ratio: 0.503% 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 | $627,288 | $172,932 | — | $50,888 | — |
| 2023 | $615,809 | $16,931 | — | $58,400 | — |
| 2022 | $293,907 | -$42,112 | — | — | $34,969 |