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Original filing (PDF)20251014151121NAL0001593779001
NATIONAL GRID USA SERVICE COMPANY, INC.
Form 5500
FILING_RECEIVED
NIAGARA MOHAWK PENSION PLAN
Defined-benefit pension plan
Signals · 3
47% in single holdingNo recordkeeper disclosed13 service providers
Active participants
3,627
Accounts w/ balance
—
Plan assets (EOY)
$1.2B
Net assets (EOY)
$1.1B
How this plan invests
This plan
7 pooled trusts
Schedule D
19 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
85
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
77
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "[DFE: STATE STREET INTERMEDIATE U.S. CREDIT INDEX NON-LENDING FUND (extraction pending)]" is 47% of plan.
- 23 bps in Schedule C fees — 369% above peer band of 5 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for NATIONAL GRID USA SERVICE COMPANY, INC..
Plan sponsor
Name
NATIONAL GRID USA SERVICE COMPANY, INC.
EIN
04-1663150
Address
2 HANSON PLACE · 12TH FLOOR · BROOKLYN, NY · 11217
Phone
(888) 483-2123
Industry
Utilitiessee all
Plan administrator
Name
RETIREMENT PLANS COMMITTEE OF NATIONAL GRID USA SERVICE COMPANY, INC.
EIN
04-1663150
City
BROOKLYN, NY
Phone
(929) 324-4729
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
1A · Pay-related DB formula
1C · Cash balance or similar hybrid DB
Audit & trust (Schedule H)
Auditor
CLIFTONLARSONALLEN LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
13 rowsOther
13| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| AON CONSULTING INC | 22-2232264 | — | NONE | $651K | — |
| THE BANK OF NEW YORK MELLON | 13-5160382 | — | NONE | $563K | — |
| PACIFIC INVESTMENT MANAGEMENT | 33-0629048 | — | NONE | $345K | — |
| GOLDMAN SACHS ASSET MANAGEMENT | 13-3575636 | — | NONE | $308K | — |
| DODGE & COX | 94-1441976 | — | NONE | $262K | — |
| IR+M COLLECTIVE INVESTMENT | 37-6567224 | — | NONE | $239K | — |
| WESTERN ASSET MANAGEMENT | 95-2705767 | — | NONE | $121K | — |
| JP MORGAN ASSET INVESTMENT | 13-3200244 | — | NONE | $99K | — |
| CLIFTONLARSONALLEN LLP | 41-0746749 | — | NONE | $46K | — |
| MONDRIAN INVESTMENT GROUP (US) | 56-2475915 | — | NONE | $44K | — |
| QDRO CONSULTANTS CO LLC | 34-1820650 | — | NONE | $27K | — |
| STATE STREET BANK AND TRUST CO | 04-0025081 | — | NONE | $23K | — |
| STATE STREET GLOBAL ADVISORS | 06-1313175 | — | NONE | $10K | — |
Investments
14 direct securities · 7 pooled funds· $102.5M(9% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$98.5M
5 holdings
103-12 Investment Entity
$2.0M
2 holdings
Uncategorized
$2.0M
14 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| INTER CREDIT INDEX NL FUND (CM1F) STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 04-0025081 / PN 148 | Common Collective Trust | — | — | $47.1M | 4.0% | |
| US TOTAL MARKET INDEX NL FUND(CMNE) STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 90-0337987 / PN 235 | Common Collective Trust | — | — | $31.8M | 2.7% | |
| MSCI ACWI EX USA NL FUND (ZVG9) STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 90-0337987 / PN 159 | Common Collective Trust | — | — | $17.3M | 1.5% | |
| EB TEMPORARY INVESTMENT FUND THE BANK OF NEW YORK MELLON · EIN 25-6078093 / PN 023 | Common Collective Trust | — | — | $2.3M | 0.2% | |
| HIPEP VII EMERGING MKTS FEEDER FUND HARBOURVEST PARTNERS LLC · EIN 98-1163317 / PN 001 | 103-12 Investment Entity | — | — | $2.0M | 0.2% | |
| Partnership Investments Abris CEE Mid-Market Fund III LP partnership investment | — | — | $371K | $403K | <0.1% | |
| FIMI Opportunity 6, L.P. partnership investment | — | — | $131K | $264K | <0.1% | |
| Advent Latin American Private Equity Fund VI Limited Partnership investment | — | — | $161K | $264K | <0.1% | |
| Helios Investors III, L.P. partnership investment | — | — | $209K | $256K | <0.1% | |
| H.I.G. Brazil & Latin America Partners, L.P. partnership investment | — | — | $157K | $206K | <0.1% | |
| Fortissimo Capital Fund IV partnership investment | — | — | $128K | $179K | <0.1% | |
| Total Direct Investment held at December 31, 2024 | — | — | $58K | $114K | <0.1% | |
| HARBOURVEST PARTNERS VIII MEZZ&DIST HARBOURVEST PARTNERS VIII MEZZ&DIST · EIN 98-0494212 / PN 001 | 103-12 Investment Entity | — | — | $69K | <0.1% | |
| Capitalworks Private Equity Fund III, L.P. partnership investment | — | — | $19K | $64K | <0.1% | |
| Profi (MEF IV) Limited Partnership Interest | — | — | $19K | $62K | <0.1% | |
| APIS Growth Fund I, L.P. partnership investment | — | — | $62K | $61K | <0.1% | |
| Leasing Partners (Project Arriendo) Shares, 270 Class B-J Shares, 13,763 Share Capital | — | — | $39K | $52K | <0.1% | |
| Direct Investments 77,988 A CPEC, 519,923 B CPEC, 300 Class A | — | — | $5K | $34K | <0.1% | |
| HIPEP VII Secondary L.P. partnership investment | — | — | $24K | $12K | <0.1% | |
| [DFE: US STRIPS 20PLUS YEAR BOND INDEX RSL FUND (extraction pending)] | — | — | — | $1 | <0.1% | |
| SHORT TERM INVESTMENT FUNDS BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 27-3227381 / PN 001 | Common Collective Trust | — | — | $1 | <0.1% |