National Grid Benefit Plan For Certain Retired Management And Union Employees Of Massachusetts Gas Companies — 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 Benefit Plan For Certain Retired Management And Union Employees Of Massachusetts Gas Companies is a benefit plan reported by National Grid Usa Service Company, Inc. under EIN 04-1663150 and plan number 566. The latest loaded filing year is 2023. The filing reports 741 participants and $93,211,255 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$92.2MPlan net assets, end of year$92,163,140

Participants741Covered participants reported

Assets / participant$125.8KComputed: assets ÷ participants$125,791 (computed)

Provider compensationNone reported

Plan sponsor: National Grid Usa Service Company, Inc.
EIN: 04-1663150
Plan number: 566
Plan type: 2
Location: Brooklyn, NY
Latest filing year: 2023

How to read this plan profile

Net assets = total assets minus total liabilities, end of year (Schedule H/I).
Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
Schedule chips (Sch H / I / C) show which schedules each filing includes.
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.

EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

2023
741 participants · 2Sch H
View filing →

Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$93.2M total assets

Net assets$92.2MLiabilities$1M

Money in vs. money out

Total income / additions$12.9M

Total expenses$13.2M

Benefits paid / distributions$12.9M

Contributions

Employer$2.1M

Participant$2.9M

Full reported line items

Net assets

Total assets (EOY): $93,211,255
Total liabilities (EOY): $1,048,115
Net assets (EOY): $92,163,140
Net assets (BOY): $56,740,613

Income & contributions

Employer contributions: $2,141,399
Participant contributions: $2,923,941
Total contributions: $5,065,340
Total income / additions: $12,858,950

Expenses & distributions

Benefits paid: $12,866,847
Administrative expenses: $356,564
Total expenses: $13,223,411
Net increase / (decrease): -$364,461

Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)

42%58%

Employer 42%Participant 58%

Total expenses ÷ net assets14%Computed ratio

Benefits paid ÷ total income100%Computed ratio

Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

No Schedule C service provider compensation is loaded for this plan yet.

What to inspect next

Frequently asked questions

Who sponsors the National Grid Benefit Plan For Certain Retired Management And Union Employees Of Massachusetts Gas Companies?: National Grid Benefit Plan For Certain Retired Management And Union Employees Of Massachusetts Gas Companies is reported as sponsored by National Grid Usa Service Company, Inc. (EIN 04-1663150, plan number 566) in public Form 5500 filings.
What is the most recent Form 5500 filing year for National Grid Benefit Plan For Certain Retired Management And Union Employees Of Massachusetts Gas Companies?: The latest Form 5500 filing year loaded for National Grid Benefit Plan For Certain Retired Management And Union Employees Of Massachusetts Gas Companies is 2023.
How many participants does National Grid Benefit Plan For Certain Retired Management And Union Employees Of Massachusetts Gas Companies report?: National Grid Benefit Plan For Certain Retired Management And Union Employees Of Massachusetts Gas Companies reports 741 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for National Grid Benefit Plan For Certain Retired Management And Union Employees Of Massachusetts Gas Companies?: National Grid Benefit Plan For Certain Retired Management And Union Employees Of Massachusetts Gas Companies reports $93,211,255 in end-of-year plan assets in its latest loaded Form 5500 filing.

Form 5500 terms, in plain English

Form 5500: The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H: The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I: The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C: Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets: Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions: Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.