Avangrid Service Company, Inc. 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2019. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.
Avangrid Service Company, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2019 filing.
Avangrid Service Company, Inc. 401(k) Plan Facts (plan year 2019)
Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Dec 31, 2019), filed Oct 15, 2020. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2019
- $12.2 million went into the plan in contributions, $5.34 million of it from the employer (44%).
- $9.39 million was paid out to participants.
- Investment and other income added $28.0 million.
- Administrative expenses were $64,961, about $72 per account.
How the Avangrid Service Company, Inc. 401(k) changed, 2014–2019
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2014 | 239 | $3.76 million | — | $312,829 |
| 2015 | 597 | — | — | — |
| 2016 | 666 | $105.0 million | $3.15 million | $7.44 million |
| 2017 | 701 | $132.6 million | $3.72 million | $7.71 million |
| 2018 | 773 | $126.9 million | $4.35 million | $12.6 million |
| 2019 | 834 | $159.9 million | $5.34 million | $9.39 million |
Avangrid Service Company, Inc. 401(k) Contact Information
Questions about the Avangrid Service Company, Inc. 401(k)
Is the Avangrid Service Company, Inc 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.
Does Avangrid Service Company, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $5.34 million, 44% of all contributions.
Does the Avangrid Service Company, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Avangrid Service Company, Inc 401(k) plan?
834 participants at the start of plan year 2019, 737 of them active employees, and 191 former employees who still had money in the plan.
What is the average 401(k) balance at Avangrid Service Company, Inc?
About $176,094 per account: $159.9 million in plan assets across 908 accounts with a balance at the end of plan year 2019.
Who manages the Avangrid Service Company, Inc 401(k) accounts?
T. Rowe Price (listed on the filing as T ROWE PRICE RPS INC) is the plan's recordkeeper, which is where participants log in to see their balance.