401(k) · DOL Form 5500 · 2024

National Grid Renewables Development, LLC 401(k) Plan

Data updated 2026-08-11

$21M
Total assets
277
Participants
71st
Percentile by assets
$74,373
Avg per participant
PlainRetire home → About this data

Official DOL plan name: National Grid Renewables Development, LLC 401(k) Plan · Sponsored by National Grid Renewables Development, LLC · Minnesota · Wholesale Trade

$21M in assets, 277 participants

National Grid Renewables Development, LLC's National Grid Renewables Development, LLC 401(k) Plan reported $21M in total assets and 277 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • 71st percentile by assets (of 123,622 plans)
  • #4,078 in Wholesale Trade (6,080 peers)

Coverage in Minnesota

National Grid Renewables Development, LLC 401(k) Plan covers 277 participants in Minnesota, about 25% of the average Minnesota filer (state average ~1,126 per filing). Assets: $21M.

$21M
total plan assets (2024 EOY)
277
covered participants
71st
percentile by assets (of 123,622 plans)
$74,373
avg assets per participant

Where National Grid Renewables Development, LLC 401(k) Plan sits by total assets

National Grid Renewables Development, LLC 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$20,601,390 Top 29% higher than 71% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • National Grid Renewables Development, LLC 401(k) Plan end-of-year assets rose from $14M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • National Grid Renewables Development, LLC 401(k) Plan reported participants rose from 195 in the plan year 2023 filing to 277 in the plan year 2024 filing.
  • National Grid Renewables Development, LLC 401(k) Plan reported net income rose from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Minnesota
Industry
Wholesale Trade

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. National Grid Renewables Development, LLC 401(k) Plan reports 277 participants - about 25% of that state average ($21M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$21M
Net Income$6M
Employer EIN300893581
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Grid Renewables Development, LLC)

$5M$10M$15M$20M$25M 202220232024 $8.42M $20.6M ▲ +144.7%
Total plan assets by year, all National Grid Renewables Development, LLC plans on file
Year Plans Participants Total Assets
2022 1 170 $8M
2023 1 195 $14M
2024 1 277 $21M

Nearby 401(k) Plans in Minnesota

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

National Grid Renewables Development, LLC 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants National Grid Renewa…, Total assets ($B): 0.02060139 · Participants: 277National Grid Renewa…Wells Fargo & Compan…, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Compan…Unitedhealth Group 4…, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 4…Target Corporation 4…, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 4…Medtronic Savings an…, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings an…U.S. Bank 401(k) Sav…, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Sav…
National Grid Renewables Development, LLC 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare National Grid Renewables Development, LL… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to National Grid Renewables Development, LLC 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did National Grid Renewables Development, LLC 401(k) Plan assets move in 2024? ▼
National Grid Renewables Development, LLC 401(k) Plan surged - up 45.5% during 2024, from $14M to $21M. Reported net income was $6M.
How have National Grid Renewables Development, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), National Grid Renewables Development, LLC's sponsor-wide assets grew 144.7%, from $8M to $21M.
Which 401(k) plans are similar in size to National Grid Renewables Development, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Port Terminal Railroad Association Thrift Plan in TX ($21M, 295 participants).

Next read for National Grid Renewables Development, LL…

Filing takeaways

Ways to act on National Grid Renewables Development, LLC 401(k) Plan's numbers.

  • By total assets, National Grid Renewables Development, LLC 401(k) Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • National Grid Renewables Development, LLC's sponsor-wide assets have grown 144.7% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 300893581.

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.