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Company:
Consolidated Edison Company of New York, Inc.
Plan:
The Consolidated Edison Thrift Savings Plan
 

Consolidated Edison Company of New York, Inc.

74 Plan:

 
 
74
43
91
0
10
20
30
40
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60
70
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90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (74) and the top rated plan (91) could equate to:
[How is this calculated?]
12 additional years of work
Up to $100,200 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

The Consolidated Edison Thrift Savings Plan is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. The Consolidated Edison Thrift Savings Plan currently has over 19,600 active participants and over $2.4B in plan assets.

 

 Retirement Plan Details

Address 4 Irving Place, 15th Floor South
New York, NY 10003 
Industry Utilities
Administrator Mary Adamo
Net Plan Assets $2,440,000,000
Total Participants 20,000
Avg Account Balance $120,000

 Compare Other Companies in Peer Group

Progress Energy 83.2
Entergy 79.6
FirstEnergy 79.1
National Grid USA 78.9
CenterPoint Energy 78.8
PG&E 77.1

 Top 3 Funds in this 401k

1. Vanguard 500 Index 20%
2. Vanguard LifeStrategy Moderate Growth 9%
3. United of Omaha Sub-Advised Guaranteed Investment Contract 8%

  Plan Service Providers

Insurance Carrier MetLife
Insurance Carrier Principal Financial Group
Recordkeeper Vanguard Group
Auditor J.H. Cohn

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