National Grid Usa Service Company, Inc. 401(k) Plan (terminated 2021): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2021, when $3.26 billion was transferred out of the plan. Assets moved to the NATIONAL GRID USA CO. INCENTIVE THRIFT PLAN (sponsored by NATIONAL GRID USA SERVICE COMPANY, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
National Grid Usa Service Company, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2021 filing.
National Grid Usa Service Company, Inc. 401(k) Plan Facts (plan year 2021)
Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 13, 2022. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2021
- $176.8 million went into the plan in contributions, $57.9 million of it from the employer (33%).
- $203.3 million was paid out to participants.
- Investment and other income added $365.3 million.
How the National Grid Usa Service Company, Inc. 401(k) changed, 2016–2021
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2016 | 8,129 | $1.99 billion | $28.3 million | $88.3 million |
| 2017 | 8,674 | $2.29 billion | $35.7 million | $110.6 million |
| 2018 | 9,347 | $2.18 billion | $44.9 million | $138.3 million |
| 2019 | 9,618 | $2.59 billion | $49.5 million | $172.1 million |
| 2020 | 9,747 | $2.92 billion | $50.3 million | $153.3 million |
| 2021 (final) | 10,087 | $0 | $57.9 million | $203.3 million |
National Grid Usa Service Company, Inc. 401(k) Contact Information
Questions about the National Grid Usa Service Company, Inc. 401(k)
Is the National Grid Usa Service Company, Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the NATIONAL GRID USA CO. INCENTIVE THRIFT PLAN.
Does National Grid Usa Service Company, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $57.9 million, 33% of all contributions.
Does the National Grid Usa Service Company, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the National Grid Usa Service Company, Inc 401(k) plan?
10,087 participants at the start of plan year 2021.
Who manages the National Grid Usa Service Company, Inc 401(k) accounts?
Vanguard (listed on the filing as VANGUARD GROUP INC.) is the plan's recordkeeper, which is where participants log in to see their balance.