National Grid Usa Co. Incentive Thrift Plan — Form 5500 plan (National Grid Usa Service Company, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, National Grid Usa Co. Incentive Thrift Plan is a benefit plan reported by National Grid Usa Service Company, Inc. under EIN 04-1663150 and plan number 007. The latest loaded filing year is 2023. The filing reports 23,449 participants and $5,897,404,195 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- National Grid Usa Service Company, Inc.
- EIN
- 04-1663150
- Plan number
- 007
- Plan type
- 2
- Location
- Brooklyn, NY
- Latest filing year
- 2023
- Participants
- 23,449
- End-of-year plan assets
- $5,897,404,195
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 23,449 | H, C | 20241010180202NAL0011799747001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,897,404,195
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,897,404,195
- Net assets (BOY)
- $5,209,131,336
Income & contributions
- Employer contributions
- $116,211,513
- Participant contributions
- $242,772,186
- Total contributions
- $378,703,823
- Total income / additions
- $1,183,452,413
Expenses & distributions
- Benefits paid
- $493,725,188
- Administrative expenses
- $1,236,607
- Total expenses
- $495,179,554
- Net increase / (decrease)
- $688,272,859
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Vanguard Group Inc. | NONE | $981,194 | $0 | 2023 |
| New England Pension Consultants | NONE | $175,605 | not reported in the loaded dataset | 2023 |
| Deloitte & Touche Llp | NONE | $68,000 | not reported in the loaded dataset | 2023 |
| Cliftonlarsonallen Llp | NONE | $10,069 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for National Grid Usa Service Company, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Brooklyn, NY
- Vanguard Group Inc. — Schedule C compensation
- New England Pension Consultants — Schedule C compensation
- Deloitte & Touche Llp — Schedule C compensation
- Cliftonlarsonallen Llp — Schedule C compensation