Defined Benefit (Pension) · DOL Form 5500 · 2023
National Grid USA Service Company, Inc. Pension Plan
Data updated 2026-08-25
- $1.6B
- Total assets Very large vs avg
- 1,134
- Participants Near avg headcount
- 99th
- Percentile by assets National rank
- $1.5M
- Avg per participant High balance/head
Official DOL plan name: The Retirement Income Plan of Keyspan Corporation · Sponsored by National Grid USA Service Company, Inc. · New York · Utilities
$1.6B in assets, 1,134 participants
National Grid USA Service Company, Inc.'s The Retirement Income Plan of Keyspan Corporation reported $1.6B in total assets and 1,134 participants in its 2023 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.
- #668 in Utilities (721 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, $1.6B for 1,134 participants (~$1.5M/participant), down 21.5% in 2023.
- #668
- in Utilities (721 peers)
- -21.5%
- assets change YoY
- 17×
- vs typical plan assets (national mean)
The plan reported a net loss of $452M 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 2023 · DOL Form 5500
$1,648,293,527 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Retirement Income Plan of Keyspan Corporation'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. The Retirement Income Plan of Keyspan Corporation lands in the large band (1,134 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Retirement Income Plan of Keyspan Corporation reported net income rose from -$761M in the plan year 2022 filing to -$452M in the plan year 2023 filing.
- The Retirement Income Plan of Keyspan Corporation end-of-year assets fell from $2.1B in the plan year 2022 filing to $1.6B in the plan year 2023 filing.
- The Retirement Income Plan of Keyspan Corporation reported participants fell from 1,216 in the plan year 2022 filing to 1,134 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 041663150 · National Grid USA Service Company, Inc. PY 2023 · Defined Benefit (Pension)
The Retirement Income Plan of Keyspan Corporation · $1.6B · 1,134 · 99th
- NET $1.6B
- NET 1,134
- NET 99th
- NET Defined Benefit (Pension)
- NET near Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund
- NET ind #668
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
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $2.1B |
|---|---|
| Net Assets (End of Year) | $1.6B |
| Net Income | -$452M |
| Employer EIN | 041663150 |
| Plan Effective Date | 1937-01-01 |
| Filing Status | FILING 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
| 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.
- IBM Personal Pension Plan $25.0B · 14,881
- Consolidated Edison Retirement Plan $16.2B · 10,779
- 1199seiu Health Care Employees Pension Fund $16.2B · 107,582
- Pfizer Consolidated Pension Plan $11.0B · 9,616
- Pepsico Employees Retirement Plan I $7.6B · 12,289
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 Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund in NJ ($1.6B); by covered participants it is I.a.T.S.E. Local No. 33 Pension Trust Fund in CA (1,134 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.6B here).
- Heavy and General Laborers' Local Unions 472 and 172 of New Jersey Pension Fund (NJ) $1.6B · 7,170
- Indiana Laborers Pension Fund (IN) $1.7B · 10,800
- The Tjx Companies, Inc Retirement Plan (MA) $1.6B · 10,130
- Boehringer Ingelheim USA Corporation & Its Affiliates Retirement Plan (CT) $1.6B · 8,178
Similar participant headcount
Nearest other-state filings by covered participants (1,134 participants); asset peers above are excluded.
- I.a.T.S.E. Local No. 33 Pension Trust Fund (CA) 1,134 · 0 off
- Kawasaki Motors Corp., U.S.a. Employees Pension Plan (CA) 1,134 · 0 off
- Abbvie Puerto Rico Pension Plan (IL) 1,133 · 1 off
- The Martin-Brower Company Consolidated Pension Plan (IL) 1,136 · 2 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.