Transcanada 401(K) And Savings Plan — Form 5500 plan (Transcanada Usa Services 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, Transcanada 401(K) And Savings Plan is a benefit plan reported by Transcanada Usa Services Inc. under EIN 98-0460263 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,329 participants and $996,497,127 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$996.4MPlan net assets, end of year$996,406,402
Participants4.3KCovered participants reported4,329
Assets / participant$230.2KComputed: assets ÷ participants$230,191 (computed)
Provider compensation$9.2K2 Schedule C provider row(s)$9,179
Plan sponsor
Transcanada Usa Services Inc.
EIN
98-0460263
Plan number
001
Plan type
2
Location
not reported in the loaded dataset
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,329H, C20241003145554NAL0005798307001
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)$996.5M total assets
Net assets$996.4MLiabilities$90.7K
Money in vs. money out
Total income / additions$247.4M
Total expenses$82.9M
Benefits paid / distributions$82.6M
Contributions
Employer$38.7M
Participant$38.9M
Full reported line items

Net assets

Total assets (EOY)
$996,497,127
Total liabilities (EOY)
$90,725
Net assets (EOY)
$996,406,402
Net assets (BOY)
$831,845,744

Income & contributions

Employer contributions
$38,697,049
Participant contributions
$38,869,817
Total contributions
$84,155,462
Total income / additions
$247,436,204

Expenses & distributions

Benefits paid
$82,636,639
Administrative expenses
$160,969
Total expenses
$82,875,546
Net increase / (decrease)
$164,560,658
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)
Employer 50%Participant 50%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income33%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$96,901not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$87,722$02023

Related Form 5500 pages