Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

NATIONAL GRID USA SERVICE COMPANY, INC.

This Defined Benefit (Pension) plan holds $2.1B in total assets and serves 1,216 participants as of 2022. It is sponsored by NATIONAL GRID USA SERVICE COMPANY, INC. in New York. The plan reported a net loss of $761M for the year.

Total Assets (2023)
$2.1B
Participants
1,216
State
Industry
Utilities

What the Filing Says About THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION

THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION is a Defined Benefit (Pension) retirement plan sponsored by NATIONAL GRID USA SERVICE COMPANY, INC., headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $2.1B in total end-of-year assets and covers 1,216 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 041663150, and the plan has been effective since 1937-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2.9B at the beginning of 2022 to $2.1B at year-end — a decline of 26.6%. Net assets (after liabilities) closed the year at $2.1B, with reported net income of $-761,225,590 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$2.9B
Total Assets (End of Year)$2.1B
Net Assets (End of Year)$2.1B
Net Income$-761,225,590
Plan TypeDefined Benefit (Pension)
Employer EIN041663150
Plan Effective Date1937-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (NATIONAL GRID USA SERVICE COMPANY, INC.)

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.

Frequently Asked Questions

How much money is in the THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION?
As of the 2022 Form 5500 filing, THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION holds $2.1B in total assets with 1,216 participants. It is sponsored by NATIONAL GRID USA SERVICE COMPANY, INC..
What type of plan is THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION?
THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION is a Defined Benefit (Pension) plan. It has been effective since 1937-01-01. The plan is filed with the U.S. Department of Labor under EIN 041663150.
Who sponsors the THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION?
THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION is sponsored by NATIONAL GRID USA SERVICE COMPANY, INC., located in New York. The sponsor's EIN is 041663150 and the plan operates in the Utilities industry.
How did THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION perform in 2022?
THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION declined by 26.6% during 2022, moving from $2.9B to $2.1B in total assets. Net income was $-761,225,590.
Where can I find official filings for THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION?
Official Form 5500 filings for THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 041663150 or plan name at efast.dol.gov.
How does THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION compare to other plans?
You can compare THE RETIREMENT INCOME PLAN OF KEYSPAN CORPORATION against other Defined Benefit (Pension) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 041663150.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.