ESOP · DOL Form 5500 · 2024
Consolidated Edison Company of New York, Inc. ESOP
Data updated 2026-08-25
- $45M
- Total assets Below avg plan size
- 41
- Participants Small participant base
- 83rd
- Percentile by assets National rank
- $1.1M
- Avg per participant High balance/head
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
$45M in assets, 41 participants
Consolidated Edison Company of New York, Inc.'s Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan reported $45M in total assets and 41 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.
- #362 in Utilities (732 peers)
Utilities sector rank
Within Utilities, Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan ranks #362 of 732 2024 filers by assets (1205% of the sector average)-$45M for 41 participants.
- #362
- in Utilities (732 peers)
- -16.2%
- assets change YoY
- 0.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $9M 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 2024 · DOL Form 5500
$44,540,331 Top 17% higher than 83% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan among smaller filed plans by headcount
Plan-year 2024 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 (41 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan reported net income rose from -$16M in the plan year 2023 filing to -$9M in the plan year 2024 filing.
- Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan reported participants fell from 50 in the plan year 2023 filing to 41 in the plan year 2024 filing.
- Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan end-of-year assets fell from $53M in the plan year 2023 filing to $45M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 135009340 · Consolidated Edison Company of New York, Inc. PY 2024 · ESOP
Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan · $45M · 41 · 83rd
- TYPE $45M
- TYPE 41
- TYPE 83rd
- TYPE ESOP
- TYPE near The Berlin Steel Construction Company Employee Stock Ownership Plan
- TYPE ind #362
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
Utilities filing particulars
| Total Assets (Beginning of Year) | $53M |
|---|---|
| Net Assets (End of Year) | $45M |
| Net Income | -$9M |
| Employer EIN | 135009340 |
| Plan Effective Date | 1976-01-01 |
| Filing Status | FILING 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
| 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.
- Stewart's Shops Corp Employee Stock Ownership Plan $897M · 3,483
- North Coast Holdings Employee Stock Ownership Plan $451M · 3,042
- Griffon Corporation Employee Stock Ownership Plan $306M · 3,209
- Greenman-Pedersen, Inc. Employee Stock Ownership Plan $254M · 1,716
- Marshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan $234M · 518
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 Berlin Steel Construction Company Employee Stock Ownership Plan in CT ($45M); by covered participants it is Custom Dental Management, Inc. Employee Stock Ownership Plan in MO (41 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($45M here).
- The Berlin Steel Construction Company Employee Stock Ownership Plan (CT) $45M · 135
- Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust (ND) $44M · 109
- Brockmiller Construction, Inc. Employee Stock Ownership Plan (MO) $45M · 17
- Mgc Contractors, Inc. Employee Stock Ownership Plan (AZ) $45M · 259
Similar participant headcount
Nearest other-state filings by covered participants (41 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.