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Original filing (PDF)20251010170158NAL0004812387001
NISOURCE INC.
Form 5500
FILING_RECEIVED
NISOURCE LIFE AND MEDICAL BENEFITS PROGRAM
Health & welfare plan
Signals · 4
27% in single holding~311 bps in Sched C feesNo recordkeeper disclosed7 service providers
Active participants
7,725
Accounts w/ balance
—
Plan assets (EOY)
$154.7M
Net assets (EOY)
$143.8M
How this plan invests
This plan
3 pooled trusts
Schedule D
14 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
86
/ 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
86
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Vanguard Intermediate-Term Tax-Exempt Fund" is 27% of plan.
- 311 bps in Schedule C fees — 3007% above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for NISOURCE INC..
Plan sponsor
Name
NISOURCE INC.
EIN
35-2108964
Address
801 EAST 86TH AVENUE · MERRILLVILLE, IN · 46410
Phone
(219) 647-4334
Industry
Utilitiessee all
Plan administrator
Name
NISOURCE BENEFITS COMMITTEE
EIN
35-2108964
City
MERRILLVILLE, IN
Phone
(219) 647-4334
Plan characteristics
Plan number
536
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-10
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4F · Temporary Disability (accident and sickness)
4Q · Other
Audit & trust (Schedule H)
Auditor
MCCONNELL & JONES LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
7 rowsOther
7| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ANTHEM INSURANCE COMPANIES INC | 35-0781558 | — | NONE | $4.5M | — |
| BEACON HEALTH | 54-1414194 | — | NONE | $143K | — |
| MCCONNELL & JONES, LLP | 76-0488832 | — | NONE | $59K | — |
| PORTER WRIGHT MORRIS AND ARTHUR | 31-4373657 | — | NONE | $56K | — |
| LEGACY PROFESSIONALS | 32-0043599 | — | NONE | $20K | — |
| NORTHERN TRUST COMPANY | 36-1561860 | — | NONE | $19K | — |
| LCG ASSOCIATES INC | 75-1680350 | — | NONE | $12K | — |
Investments
12 direct securities · 3 pooled funds· $142.6M(92% 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.
Uncategorized
$92.3M
12 holdings
Master Trust
$34.5M
1 holding
Common Collective Trust
$15.8M
2 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| NIPSCO HEALTH & MED BEN PN MT NORTHERN INDIANA PUBLIC SERVICE CO · EIN 35-1883904 / PN 001 | Master Trust | — | — | $34.5M | 22.3% | |
| Vanguard Intermediate-Term Tax-Exempt Fund | — | — | $28.5M | $29.4M | 19.0% | |
| CLOSED-END INT'L EQ ALLSPRING GLOBAL INVESTMENTS, LLC. · EIN 04-6782445 / PN 000 | Common Collective Trust | — | $6.9M | $10.3M | 6.7% | |
| Bank of NY Mellon Core Plus Fund | — | — | $9.2M | $8.6M | 5.6% | |
| Vanguard Total Bond Market Index Fund | — | — | $9.3M | $8.3M | 5.4% | |
| Harding Loevner International Equity Portfolio | — | — | $4.4M | $7.0M | 4.5% | |
| NT COMMON S&P 500 INDEX FD-L NORTHERN TRUST INVESTMENTS, INC. · EIN 36-7361150 / PN 001 | Common Collective Trust | — | $3.4M | $5.5M | 3.5% | |
| Fidelity Contrafund | — | — | $1.2M | $5.4M | 3.5% | |
| Dodge & Cox Stock Fund | — | — | $2.2M | $5.4M | 3.5% | |
| Vanguard Russell 1000 Value Index Fund | — | — | $1.8M | $5.4M | 3.5% | |
| Fidelity Growth Company Fund | — | — | $681K | $5.4M | 3.5% | |
| William Blair Small Cap Growth Fund | — | — | $4.4M | $4.8M | 3.1% | |
| Heartland Value Plus Fund | — | — | $3.7M | $4.4M | 2.8% | |
| Fidelity Low Priced Stock Fund | — | — | $3.4M | $4.3M | 2.8% | |
| Northern Instutional Funds Treasury Portfolio | — | — | $4.0M | $4.0M | 2.6% |