ESOP
2024 plan-year ESOP DOL Form 5500

Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Consolidated Edison Company of New York, Inc. · New York · Utilities

What the 2023 filing shows

Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan holds $45M for 41 participants — about $1.1M per participant, down 16.2% over the 2024 plan year.

$45M
total plan assets (2024 EOY)
41
covered participants
$1.1M
avg assets per participant
-16.2%
assets change YoY

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.

Total Assets (2023)
$45M
Participants
41
State
Industry
Utilities

What the Filing Says About Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan

Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan is a ESOP retirement plan sponsored by Consolidated Edison Company of New York, Inc., headquartered in New York. As of the 2024 Form 5500 filing, the plan reports $45M in total end-of-year assets and covers 41 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 135009340, and the plan has been effective since 1976-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $53M at the beginning of 2024 to $45M at year-end — a decline of 16.2%. Net assets (after liabilities) closed the year at $45M, with reported net income of $-8,624,369 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$53M
Total Assets (End of Year)$45M
Net Assets (End of Year)$45M
Net Income$-8,624,369
Plan TypeESOP
Employer EIN135009340
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

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

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.

Frequently Asked Questions

How much money is in the Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan?
As of the 2024 Form 5500 filing, Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan holds $45M in total assets with 41 participants. It is sponsored by Consolidated Edison Company of New York, Inc..
What type of plan is Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan?
Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan is a ESOP plan. It has been effective since 1976-01-01. The plan is filed with the U.S. Department of Labor under EIN 135009340.
Who sponsors the Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan?
Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan is sponsored by Consolidated Edison Company of New York, Inc., located in New York. The sponsor's EIN is 135009340 and the plan operates in the Utilities industry.
How did Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan perform in 2024?
Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan declined by 16.2% during 2024, moving from $53M to $45M in total assets. Net income was $-8,624,369.
Where can I find official filings for Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan?
Official Form 5500 filings for Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 135009340 or plan name at efast.dol.gov.
How does Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan compare to other plans?
You can compare Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan against other ESOP plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 135009340.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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