Defined Benefit (Pension) · DOL Form 5500 · 2024
National Grid USA Service Company, Inc. Pension Plan
Data updated 2026-08-25
- $1.6B
- Total assets Very large vs avg
- 1,054
- 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, 1,054 participants
National Grid USA Service Company, Inc.'s The Retirement Income Plan of Keyspan Corporation reported $1.6B in total assets and 1,054 participants in its 2024 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.
- #673 in Utilities (732 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 1,054 participants (~$1.5M/participant), down 2.2% in 2024.
- #673
- in Utilities (732 peers)
- -2.2%
- assets change YoY
- 16×
- vs typical plan assets (national mean)
The plan reported a net loss of $35M 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 2024 · DOL Form 5500
$1,612,625,741 Top 1% higher than 99% 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
The Retirement Income Plan of Keyspan Corporation's large-plan peer group by participant headcount
Plan-year 2024 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 (1,054 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Retirement Income Plan of Keyspan Corporation reported net income rose from -$452M in the plan year 2023 filing to -$35M in the plan year 2024 filing.
- The Retirement Income Plan of Keyspan Corporation reported participants fell from 1,134 in the plan year 2023 filing to 1,054 in the plan year 2024 filing.
- The Retirement Income Plan of Keyspan Corporation end-of-year assets fell from $1.6B in the plan year 2023 filing to $1.6B in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 041663150 · National Grid USA Service Company, Inc. PY 2024 · Defined Benefit (Pension)
The Retirement Income Plan of Keyspan Corporation · $1.6B · 1,054 · 99th
- 5500 $1.6B
- ASSETS 1,054
- PCT 99th
- EIN Defined Benefit (Pension)
- RANK near Western Pennsylvania Teamsters and Employers Pension Fund
- PHOTO ind #673
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 (2024)
| Total Assets (Beginning of Year) | $1.6B |
|---|---|
| Net Assets (End of Year) | $1.6B |
| Net Income | -$35M |
| 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 $17.9B · 48,014
- 1199seiu Health Care Employees Pension Fund $16.9B · 111,833
- Consolidated Edison Retirement Plan $15.6B · 10,608
- Pfizer Consolidated Pension Plan $10.0B · 8,876
- GE Energy Pension Plan $8.9B · 5,829
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 Western Pennsylvania Teamsters and Employers Pension Fund in PA ($1.6B); by covered participants it is Herc Rentals Pension Plan in FL (1,054 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.6B here).
- Western Pennsylvania Teamsters and Employers Pension Fund (PA) $1.6B · 3,456
- Boehringer Ingelheim USA Corporation & Its Affiliates Retirement Plan (CT) $1.6B · 8,346
- Basf Corporation Salaried Employees' Pension Plan (NJ) $1.6B · 2,805
- Visa Retirement Plan (CA) $1.6B · 3,490
Similar participant headcount
Nearest other-state filings by covered participants (1,054 participants); asset peers above are excluded.
- Herc Rentals Pension Plan (FL) 1,054 · 0 off
- Sheet Metal Workers Local 85 Pension Fund (TN) 1,055 · 1 off
- Nustar Pension Plan (TX) 1,052 · 2 off
- Kirby Pension Plan (TX) 1,052 · 2 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.