New York Independent System Operator Inc. 401(k) Plan: Login, Facts & Contact Information

New York Independent System Operator Inc. 401(k) Plan Facts

Plan name
NEW YORK INDEPENDENT SYSTEM, INC. 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NEW YORK INDEPENDENT SYSTEM OPERATOR, INC.
Participants
799 (628 active employees)
Former employees with a balance
183
Plan assets
$321,454,927 at Dec 31, 2024
Average account balance
$394,908 across 814 accounts
Employer contributions
$9,023,175 in plan year 2024 (48% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Dec 1, 1999
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 23, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $18.7 million went into the plan in contributions, $9.02 million of it from the employer (48%).
  • $28.6 million was paid out to participants.
  • Investment and other income added $46.9 million.
  • Administrative expenses were $62,920, about $77 per account.

How the New York Independent System Operator Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019695$193.3 million$6.64 million$4.28 million
2020718$237.4 million$7.21 million$7.20 million
2021729$279.1 million$6.89 million$12.1 million
2022739$235.4 million$7.54 million$9.95 million
2023780$284.6 million$8.35 million$17.6 million
2024799$321.5 million$9.02 million$28.6 million

New York Independent System Operator Inc. 401(k) Contact Information

Phone
518-356-6000
Mailing address
10 KREY BOULEVARD, RENSSELAER NY 12144
Plan sponsor
NEW YORK INDEPENDENT SYSTEM OPERATOR, INC.
Employer identification number (EIN)
14-1815612
Plan number
001

Questions about the New York Independent System Operator Inc. 401(k)

Does New York Independent System Operator Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $9.02 million, 48% of all contributions.

Does the New York Independent System Operator Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the New York Independent System Operator Inc 401(k) plan?

799 participants at the start of plan year 2024, 628 of them active employees, and 183 former employees who still had money in the plan.

What is the average 401(k) balance at New York Independent System Operator Inc?

About $394,908 per account: $321.5 million in plan assets across 814 accounts with a balance at the end of plan year 2024.

Who manages the New York Independent System Operator Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at New York Independent System Operator Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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