Defined Benefit (Pension) · DOL Form 5500 · 2022

National Grid USA Service Company, Inc. Pension Plan

Data updated 2026-08-25

$2.1B
Total assets Very large vs avg
1,216
Participants Near avg headcount
99th
Percentile by assets National rank
$1.7M
Avg per participant High balance/head
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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.

  • #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.

#696
in Utilities (738 peers)
-26.6%
assets change YoY
21×
vs typical plan assets (national mean)

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's outsized position by total assets

The Retirement Income Plan of Keyspan Corporation vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$2,100,434,513 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

The Retirement Income Plan of Keyspan Corporation'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 Retirement Income Plan of Keyspan Corporation lands in the large band (1,216 participants).

Form 5500 schedule snapshot

Filing strip 041663150 · National Grid USA Service Company, Inc. PY 2022 · Defined Benefit (Pension)

The Retirement Income Plan of Keyspan Corporation · $2.1B · 1,216 · 99th

  • BOY $2.1B
  • SCH 1,216
  • EBSA 99th
  • PART Defined Benefit (Pension)
  • TYPE near Massachusetts Laborers' Pension Fund
  • NET ind #696

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 Retirement Income Plan of Keyspan Corporation in the asset neighbourhood

Air Products and Chemicals, Inc. Pension Plan for Salaried EmployeesAir Products and Chemicals, …$2.1BThe Retirement Income Plan of Keyspan CorporationThe Retirement Income Plan o…$2.1BMassachusetts Laborers' Pension FundMassachusetts Laborers' Pens…$2.1BThe Hcsc Employees Pension PlanThe Hcsc Employees Pension P…$2.1BMichelin Retirement Plan$2.1B
End-of-year total assets ($B) among The Retirement Income Plan of Keyspan Corporation and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$2.9B
Net Assets (End of Year)$2.1B
Net Income-$761M
Employer EIN041663150
Plan Effective Date1937-01-01
Filing StatusFILING 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
$12.6B$12.8B$13B$13.2B$13.4B$13.6B 202220232024 $12.8B $13.5B ▲ +5.0%
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 Scatter plot of 6 data points. 05000100001500020000 0102030 Total assets ($B) Participants The Retirement Income Plan of Keyspan Corporation, Total assets ($B): 2.100434513 · Participants: 1216The Retirement Income Plan of Keyspan CorporationIBM Personal Pension Plan, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison Retirement PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Retirement Plan INew York State Nurses Association Pension Plan, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurses Association Pension PlanNew York District Council of Carpenters Pension Pl, Total assets ($B): 4.837058087 · Participants: 11318New York District Council of Carpenters Pension Pl
The Retirement Income Plan of Keyspan Corporation vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants

The Retirement Income Plan of Keyspan Corporation's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Massachusetts Laborers' Pension Fund in MA ($2.1B); by covered participants it is Meriter Health Services Employee Retirement Plan in WI (1,216 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (1,216 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Retirement Income Plan of Keyspan Corporation assets move in 2022? ▼
The Retirement Income Plan of Keyspan Corporation declined sharply - down 26.6% during 2022, from $2.9B to $2.1B. Reported net income was -$761M.
How have National Grid USA Service Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), National Grid USA Service Company, Inc.'s sponsor-wide assets grew 5.0%, from $12.8B to $13.5B.
Where does The Retirement Income Plan of Keyspan Corporation rank by assets among Form 5500 filers? ▼
The Retirement Income Plan of Keyspan Corporation ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to The Retirement Income Plan of Keyspan Corporation? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Massachusetts Laborers' Pension Fund in MA ($2.1B, 10,000 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Retirement Income Plan of Keyspan Corporation? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Meriter Health Services Employee Retirement Plan in WI (1,216 participants, $205M in assets).