National Grid USA
79
Plan:
43
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (79) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $63,100 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
National Grid USA Companies' Incentive Thrift Plan II is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Account Balances, Participation Rate, Salary Deferral, and Total Plan Cost. National Grid USA Companies' Incentive Thrift Plan II currently has over 12,100 active participants and over $1.2B in plan assets.
Retirement Plan Details
| Address |
One Metrotech Center
Brooklyn, NY 11201 |
| Industry | Utilities |
| Administrator | Lorraine Lynch |
| Net Plan Assets | $1,210,000,000 |
| Total Participants | 12,000 |
| Avg Account Balance | $130,000 |
Compare Other Companies in Peer Group
| Progress Energy | 83.2 |
| PacifiCorp | 81.5 |
| Xcel Energy | 79.8 |
| Ameren | 79.8 |
| CenterPoint Energy | 78.8 |
| Constellation Energy Group | 78.1 |
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