New York State Electric & Gas Corporation 401(k) Plan (terminated 2021): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2021, when $463.5 million was transferred out of the plan. Assets moved to the AVANGRID 401(K) PLAN (sponsored by AVANGRID MANAGEMENT COMPANY, LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
New York State Electric & Gas Corporation 401(k) Login
Retirement plan providers can change. This information is from the plan's 2021 filing.
New York State Electric & Gas Corporation 401(k) Plan Facts (plan year 2021)
Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Jul 30, 2021), filed May 16, 2022. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2021
- $14.7 million went into the plan in contributions, $3.59 million of it from the employer (25%).
- $61.2 million was paid out to participants.
- Investment and other income added $46.3 million.
How the New York State Electric & Gas Corporation 401(k) changed, 2016–2021
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2016 | 1,757 | $310.5 million | $3.67 million | $16.1 million |
| 2017 | 1,719 | $362.3 million | $3.93 million | $17.8 million |
| 2018 | 1,682 | $341.1 million | $4.12 million | $24.9 million |
| 2019 | 1,685 | $403.8 million | $4.54 million | $25.7 million |
| 2020 | 1,668 | $463.8 million | $5.28 million | $26.2 million |
| 2021 (final) | 1,831 | $0 | $3.59 million | $61.2 million |
New York State Electric & Gas Corporation 401(k) Contact Information
Questions about the New York State Electric & Gas Corporation 401(k)
Is the New York State Electric & Gas Corporation 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the AVANGRID 401(K) PLAN.
Does New York State Electric & Gas Corporation contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $3.59 million, 25% of all contributions.
Does the New York State Electric & Gas Corporation 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the New York State Electric & Gas Corporation 401(k) plan?
1,831 participants at the start of plan year 2021.
Who manages the New York State Electric & Gas Corporation 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.