National Grid Usa Companies Final Average Pay Pension 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 Companies Final Average Pay Pension Plan is a benefit plan reported by National Grid Usa Service Company, Inc. under EIN 04-1663150 and plan number 003. The latest loaded filing year is 2023. The filing reports 7,749 participants and $1,999,142,745 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
- 003
- Plan type
- 2
- Location
- Brooklyn, NY
- Latest filing year
- 2023
- Participants
- 7,749
- End-of-year plan assets
- $1,999,142,745
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 7,749 | H, C | 20241010170938NAL0021496289001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,999,142,745
- Total liabilities (EOY)
- $120,359,183
- Net assets (EOY)
- $1,878,783,562
- Net assets (BOY)
- $1,976,841,093
Income & contributions
- Total contributions
- $0
- Total income / additions
- $87,025,106
Expenses & distributions
- Benefits paid
- $177,512,415
- Administrative expenses
- $7,570,222
- Total expenses
- $185,082,637
- Net increase / (decrease)
- -$98,057,531
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Aon Consulting Inc. | NONE | $812,030 | not reported in the loaded dataset | 2023 |
| Western Asset Management | NONE | $474,167 | not reported in the loaded dataset | 2023 |
| Pacific Investment Management | NONE | $464,832 | not reported in the loaded dataset | 2023 |
| J.P. Morgan Investment | NONE | $378,091 | not reported in the loaded dataset | 2023 |
| The Bank Of New York Mellon | NONE | $364,103 | not reported in the loaded dataset | 2023 |
| Grantham, Mayo, Van Otterloo & Co | NONE | $351,723 | not reported in the loaded dataset | 2023 |
| Walter Scott | NONE | $346,924 | not reported in the loaded dataset | 2023 |
| Dodge & Cox | NONE | $276,968 | not reported in the loaded dataset | 2023 |
| Legal & General Investment | NONE | $250,416 | not reported in the loaded dataset | 2023 |
| K & L Gates | NONE | $83,333 | not reported in the loaded dataset | 2023 |
| Cliftonlarsonallen Llp | NONE | $41,634 | not reported in the loaded dataset | 2023 |
| Blackrock Institutional Trust | NONE | $38,778 | not reported in the loaded dataset | 2023 |
| State Street Bank And Trust Co | NONE | $26,278 | not reported in the loaded dataset | 2023 |
| Pricewaterhousecoopers | NONE | $15,216 | 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
- Aon Consulting Inc. — Schedule C compensation
- Western Asset Management — Schedule C compensation
- Pacific Investment Management — Schedule C compensation
- J.P. Morgan Investment — Schedule C compensation
- The Bank Of New York Mellon — Schedule C compensation
- Grantham, Mayo, Van Otterloo & Co — Schedule C compensation
- Walter Scott — Schedule C compensation
- Dodge & Cox — Schedule C compensation
- Legal & General Investment — Schedule C compensation
- K & L Gates — Schedule C compensation
- Cliftonlarsonallen Llp — Schedule C compensation
- Blackrock Institutional Trust — Schedule C compensation
- State Street Bank And Trust Co — Schedule C compensation
- Pricewaterhousecoopers — Schedule C compensation