Defined Benefit (Pension) · DOL Form 5500 · 2022
National Grid USA Service Company, Inc. Pension Plan
Data updated 2026-08-11
- $2.1B
- Total assets
- 1,216
- Participants
- 99th
- Percentile by assets
- $1.7M
- Avg per participant
Official DOL plan name: The Retirement Income Plan of Keyspan Corporation · Sponsored by National Grid USA Service Company, Inc. · New York · Utilities
$2.1B in assets, 1,216 participants
National Grid USA Service Company, Inc.'s The Retirement Income Plan of Keyspan Corporation reported $2.1B in total assets and 1,216 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,126 plans)
- #696 in Utilities (738 peers)
Where The Retirement Income Plan of Keyspan Corporation sits by assets
The Retirement Income Plan of Keyspan Corporation sits among the largest 1% of all filed plans, $2.1B for 1,216 participants (~$1.7M/participant), down 26.6% in 2022.
- $2.1B
- total plan assets (2022 EOY)
- 1,216
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $1.7M
- avg assets per participant
The plan reported a net loss of $761M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Retirement Income Plan of Keyspan Corporation vs the 2022 asset distribution
By assets, The Retirement Income Plan of Keyspan Corporation outranks 99% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 21x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $2.9B |
|---|---|
| Net Assets (End of Year) | $2.1B |
| Net Income | -$761M |
| Employer EIN | 041663150 |
| Plan Effective Date | 1937-01-01 |
| Filing Status | FILING 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.
The Retirement Income Plan of Keyspan Corporation vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
- 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to The Retirement Income Plan of Keyspan Corporation by total assets, not by location.
- Massachusetts Laborers' Pension Fund (MA) $2.1B · 10,000
- Air Products and Chemicals, Inc. Pension Plan for Salaried Employees (PA) $2.1B · 1,169
- The Hcsc Employees Pension Plan (TX) $2.1B · 20,684
- Michelin Retirement Plan (SC) $2.1B · 4,145
Frequently Asked Questions
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Ways to act on The Retirement Income Plan of Keyspan Corporation's numbers.
- By total assets, The Retirement Income Plan of Keyspan Corporation ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
- National Grid USA Service Company, Inc.'s sponsor-wide assets have grown 5.0% since 2022 across 3 plan years on file. More Utilities plans