ESOP · DOL Form 5500 · 2023

Consolidated Edison Company of New York, Inc. ESOP

Data updated 2026-08-25

$53M
Total assets Below avg plan size
50
Participants Small participant base
86th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan · Sponsored by Consolidated Edison Company of New York, Inc. · New York · Utilities

$53M in assets, 50 participants

Consolidated Edison Company of New York, Inc.'s Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan reported $53M in total assets and 50 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #380 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan ranks #380 of 721 2023 filers by assets (1010% of the sector average)-$53M for 50 participants.

#380
in Utilities (721 peers)
-23.1%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan's outsized position by total assets

Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$53,164,700 Top 14% higher than 86% of 127,068 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 2023

Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan is a small filing (50 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan reported net income fell from -$3M in the plan year 2022 filing to -$16M in the plan year 2023 filing.
  • Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan reported participants fell from 75 in the plan year 2022 filing to 50 in the plan year 2023 filing.
  • Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan end-of-year assets fell from $69M in the plan year 2022 filing to $53M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 135009340 · Consolidated Edison Company of New York, Inc. PY 2023 · ESOP

Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan · $53M · 50 · 86th

  • RANK $53M
  • RANK 50
  • RANK 86th
  • RANK ESOP
  • RANK near The J.S. West Milling Company Employee Stock Ownership Plan
  • RANK ind #380

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 What is an ESOP? → · Plans in New York →

Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan in the asset neighbourhood

Logistic Services International, Inc. Employee Stock Ownership PlanLogistic Services Internatio…$53MConsolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership PlanConsolidated Edison Company …$53MThe J.S. West Milling Company Employee Stock Ownership PlanThe J.S. West Milling Compan…$53MTier 1 Performance Solutions Employee Stock Ownership PlanTier 1 Performance Solutions…$53MSun Automation Inc. Employee Stock Ownership PlanSun Automation Inc. Employee…$53M
End-of-year total assets ($M) among Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$69M
Net Assets (End of Year)$53M
Net Income-$16M
Employer EIN135009340
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Consolidated Edison Company of New York, Inc.)

Sponsor-wide plan assets over time

All Consolidated Edison Company of New York, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22.0B 5.9128265919318235% vs 2022
2024 filing year
$20.5B$21B$21.5B$22B$22.5B 202220232024 $20.8B $22B ▲ +5.9%
Year Plans Participants Total Assets
2022 3 25,160 $20.8B
2023 3 24,666 $21.9B
2024 3 24,741 $22.0B

Nearby ESOP Plans in New York

Peer ESOP plans, same state, same plan type, ranked by total assets.

Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 02004006008001000 Total assets ($M) Participants Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan, Total assets ($M): 53.1647 · Participants: 50Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership PlanStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 876.57583 · Participants: 3439Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 406.002646 · Participants: 4467North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 298.738533 · Participants: 3674Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 247.681611 · Participants: 1704Greenman-Pedersen, Inc. Employee Stock Ownership PlanH.C. Wainwright & Co. Employee Stock Ownership Plan, Total assets ($M): 241.736533 · Participants: 93H.C. Wainwright & Co. Employee Stock Ownership Plan
Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New York, the nearest ESOP by assets is The J.S. West Milling Company Employee Stock Ownership Plan in CA ($53M); by covered participants it is Tc Federal Bank Employee Stock Ownership Plan in GA (50 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan assets move in 2023?
Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan declined sharply - down 23.1% during 2023, from $69M to $53M. Reported net income was -$16M.
How have Consolidated Edison Company of New York, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Consolidated Edison Company of New York, Inc.'s sponsor-wide assets grew 5.9%, from $20.8B to $22.0B.
Where does Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan rank by assets among Form 5500 filers?
Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is The J.S. West Milling Company Employee Stock Ownership Plan in CA ($53M, 334 participants).
Which ESOP plans cover a similar participant headcount to Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Tc Federal Bank Employee Stock Ownership Plan in GA (50 participants, $5M in assets).