Overview

Plan Rating

BrightScope Rating
74
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (40)
Average in Peer Group (78)
Highest in Peer Group (91)

Plan Description

Northeast Utilities Service Company 401k Plan is a defined contribution plan with a 401k feature and leveraged ESOP component. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. Northeast Utilities Service Company 401k Plan currently has over 13,000 active participants and over $2.9B in plan assets.

Did you know?

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:
12
Additional years of work
28,984
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address P.O. Box 270
  • Location
    Hartford , CT
  • 06141-0270
  • Industry
    Utilities
  • Net Plan Assets
    $2,900,000,000
  • Total Participants
    13,000
  • Avg Account Balance
    $230,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Above Average
Salary Deferrals:
Above Average
Account Balance:
Great

Design

Total Plan Cost:
Low Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Average
Salary Deferrals:
Average
Account Balance:
Great

Peer Group Plans

Company Rating
PG&E 83.5
Entergy 81.6
Centerpoint Energy 81.0
National Grid USA 80.1
Kinder Morgan 79.2
Consolidated Edison 77.1
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Investments

Investment Menu Stats

# of Investment Options

22

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Eversource Common Shares Fund 26%
N/A
Prudential Guaranteed Investment Contract 23%
N/A
Fidelity Freedom Funds 11%
9%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Prudential
Recordkeeper
Fidelity
Investment Adviser
Strategic Advisors
Auditor
Fiondella, Milone & Lasaracina
Consultant
Towers Watson

Articles and Questions