Defined Benefit (Pension) · DOL Form 5500 · 2022
National Grid USA Service Company, Inc. Pension Plan
Data updated 2026-08-25
- $2.3B
- Total assets Very large vs avg
- 2,946
- Participants Above avg headcount
- 100th
- Percentile by assets National rank
- $781,045
- Avg per participant High balance/head
Official DOL plan name: The Keyspan Retirement Plan · Sponsored by National Grid USA Service Company, Inc. · New York · Utilities
$2.3B in assets, 2,946 participants
National Grid USA Service Company, Inc.'s The Keyspan Retirement Plan reported $2.3B in total assets and 2,946 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #697 in Utilities (738 peers)
Coverage in New York
The Keyspan Retirement Plan covers 2,946 participants in New York, 3.7x the typical New York plan (state average ~798 per filing). Assets: $2.3B.
- #697
- in Utilities (738 peers)
- -26.6%
- assets change YoY
- 23×
- vs typical plan assets (national mean)
The plan reported a net loss of $832M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Keyspan Retirement Plan's outsized position by total assets
The Keyspan Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$2,300,957,771 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
The Keyspan Retirement Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Keyspan Retirement Plan lands in the large band (2,946 participants).
EBSA filing schedule strip
Filing strip 041663150 · National Grid USA Service Company, Inc. PY 2022 · Defined Benefit (Pension)
The Keyspan Retirement Plan · $2.3B · 2,946 · 100th
- EOY $2.3B
- EOY 2,946
- EOY 100th
- EOY Defined Benefit (Pension)
- EOY near Macys Inc Cash Account Pension Plan
- EOY ind #697
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in New York →
The Keyspan Retirement Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $3.1B |
|---|---|
| Net Assets (End of Year) | $2.3B |
| Net Income | -$832M |
| Employer EIN | 041663150 |
| Plan Effective Date | 1950-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (National Grid USA Service Company, Inc.)
Sponsor-wide plan assets over time
All National Grid USA Service Company, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $13.5B 5.030290688647641% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 7 | 30,556 | $12.8B |
| 2023 | 7 | 25,487 | $13.0B |
| 2024 | 7 | 26,129 | $13.5B |
Nearby Defined Benefit (Pension) Plans in New York
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- IBM Personal Pension Plan $25.5B · 16,431
- Consolidated Edison Retirement Plan $15.8B · 11,303
- Pepsico Employees Retirement Plan I $7.7B · 11,386
- New York State Nurses Association Pension Plan $5.0B · 18,592
- New York District Council of Carpenters Pension Pl $4.8B · 11,318
The Keyspan Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside New York, the nearest Defined Benefit (Pension) by assets is Macys Inc Cash Account Pension Plan in OH ($2.3B); by covered participants it is El Camino Hospital Cash Balance Plan in CA (2,946 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.3B here).
- Macys Inc Cash Account Pension Plan (OH) $2.3B · 20,642
- Paccar Inc Retirement Plan (WA) $2.3B · 8,688
- Pension Plan for Employees at Ornl (TN) $2.3B · 5,460
- Bayer Corporation Pension Plan (MO) $2.3B · 1,611
Similar participant headcount
Nearest other-state filings by covered participants (2,946 participants); asset peers above are excluded.
- El Camino Hospital Cash Balance Plan (CA) 2,946 · 0 off
- I.a.T.S.E. Local 16 Pension Plan (CA) 2,939 · 7 off
- Retirement Plan for Hospital Employees (CA) 2,954 · 8 off
- Siemens Energy, Inc. Pension Plan (FL) 2,956 · 10 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.