2023 Form 5500 filing — National Grid Usa Co. Incentive Thrift Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241010180202NAL0011799747001) for National Grid Usa Co. Incentive Thrift Plan, reported by National Grid Usa Service Company, Inc. under EIN 04-1663150 and plan number 007. It reports 23,449 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010180202NAL0011799747001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- National Grid Usa Service Company, Inc.
- EIN
- 04-1663150
- Plan number
- 007
- Location
- Brooklyn, NY
- Participants
- 23,449
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,897,404,195
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,897,404,195
- Employer contributions
- $116,211,513
- Participant contributions
- $242,772,186
- Total income / additions
- $1,183,452,413
- Benefits paid
- $493,725,188
- Administrative expenses
- $1,236,607
- Total expenses
- $495,179,554
- Net increase / (decrease)
- $688,272,859
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Vanguard Group Inc. | NONE | $981,194 | $0 |
| New England Pension Consultants | NONE | $175,605 | not reported in the loaded dataset |
| Deloitte & Touche Llp | NONE | $68,000 | not reported in the loaded dataset |
| Cliftonlarsonallen Llp | NONE | $10,069 | not reported in the loaded dataset |