401(k) · DOL Form 5500 · 2023

Eversource Energy Service Company 401(k) Plan

Data updated 2026-08-25

$3.8B
Total assets Very large vs avg
9,504
Participants Very large workforce
100th
Percentile by assets National rank
$394,751
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Eversource 401(k) Plan · Sponsored by Eversource Energy Service Company · Connecticut · Utilities

$3.8B in assets, 9,504 participants

Eversource Energy Service Company's Eversource 401(k) Plan reported $3.8B in total assets and 9,504 participants in its 2023 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.

  • #691 in Utilities (721 peers)

Coverage in Connecticut

Eversource 401(k) Plan covers 9,504 participants in Connecticut, 13x the typical Connecticut plan (state average ~718 per filing). Assets: $3.8B.

#691
in Utilities (721 peers)
+4.0%
assets growth YoY
38×
vs typical plan assets (national mean)

Eversource 401(k) Plan's outsized position by total assets

Eversource 401(k) Plan vs every filed plan by assets

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

$3,751,712,453 Highest reported value at or above every one 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

Eversource 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Eversource 401(k) Plan lands in the large band (9,504 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Eversource 401(k) Plan reported net income rose from -$790M in the plan year 2022 filing to $144M in the plan year 2023 filing.
  • Eversource 401(k) Plan reported participants rose from 9,111 in the plan year 2022 filing to 9,504 in the plan year 2023 filing.
  • Eversource 401(k) Plan end-of-year assets rose from $3.6B in the plan year 2022 filing to $3.8B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 060810627 · Eversource Energy Service Company PY 2023 · 401(k)

Eversource 401(k) Plan · $3.8B · 9,504 · 100th

  • PHOTO $3.8B
  • PHOTO 9,504
  • PHOTO 100th
  • PHOTO 401(k)
  • PHOTO near Corning Incorporated Investment Plan
  • PHOTO ind #691

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 Connecticut →

Eversource 401(k) Plan in the asset neighbourhood

Eversource 401(k) Plan$3.8BCorning Incorporated Investment PlanCorning Incorporated Investm…$3.8BBaker Hughes Company 401(k) PlanBaker Hughes Company 401(k) …$3.7BKeycorp 401(k) Savings Plan$3.7BRbc- U.S.a. Retirement and Savings PlanRbc- U.S.a. Retirement and S…$3.7B
End-of-year total assets ($B) among Eversource 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$3.6B
Net Assets (End of Year)$3.8B
Net Income$144M
Employer EIN060810627
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Eversource Energy Service Company)

Sponsor-wide plan assets over time

All Eversource Energy Service Company plans reported in each filing year

Latest sponsor-wide plan assets
$9.8B 2.8085574619668123% vs 2022
2024 filing year
$9.5B$9.6B$9.7B$9.8B$9.9B 202220232024 $9.54B $9.81B ▲ +2.8%
Year Plans Participants Total Assets
2022 2 13,237 $9.5B
2023 2 13,221 $9.6B
2024 2 13,469 $9.8B

Nearby 401(k) Plans in Connecticut

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Eversource 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. 050000100000150000 0204060 Total assets ($B) Participants Eversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanLinde Retirement Savings Plan, Total assets ($B): 2.787445025 · Participants: 10671Linde Retirement Savings Plan
Eversource 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Eversource 401(k) Plan side-by-side with 3 peers →

Scale composition for Eversource 401(k) Plan

Eversource 401(k) Plan reports $3.8B in end-of-year assets across 9,504 participants (0.030% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $394,751 per participant (2.9x the national average assets-per-participant) . Net income for plan year 2023 was $144M.

This plan identity (EIN 060810627, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.6B to $4.0B (+12.2%) while covered participants moved from 9,111 to 10,041 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,111 $3.6B Open filing
2023 9,504 $3.8B This page
2024 · index core 10,041 $4.0B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Eversource 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Corning Incorporated Investment Plan in NY ($3.8B); by covered participants it is Employee Savings Plan in IL (9,503 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (9,504 participants); asset peers above are excluded.

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 Eversource 401(k) Plan assets move in 2023? ▼
Eversource 401(k) Plan edged up modestly - up 4.0% during 2023, from $3.6B to $3.8B. Reported net income was $144M.
How have Eversource Energy Service Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Eversource Energy Service Company's sponsor-wide assets grew 2.8%, from $9.5B to $9.8B.
Where does Eversource 401(k) Plan rank by assets among Form 5500 filers? ▼
Eversource 401(k) Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Eversource 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Corning Incorporated Investment Plan in NY ($3.8B, 13,574 participants).
Which 401(k) plans cover a similar participant headcount to Eversource 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Employee Savings Plan in IL (9,503 participants, $981M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 060810627.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.