Overview

Plan Rating

BrightScope Rating
80
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (39)
Average in Peer Group (80)
Highest in Peer Group (91)

Plan Description

New York State Electric & Gas Corporation Tax Deferred Savings Plan for Non-Union Employees is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80. This plan is in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. New York State Electric & Gas Corporation Tax Deferred Savings Plan for Non-Union Employees currently has over 700 active participants and over $185.5M in plan assets.

Did you know?

For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (80) and the top rated plan (91) could equate to:
9
Additional years of work
13,373
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 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address P. O. Box 5224, 18 Link Drive
  • Location
    Binghamton , NY
  • 13902
  • Industry
    Utilities
  • Administrator
    Paul Visconti
  • Net Plan Assets
    $185,000,000
  • Total Participants
    760
  • Avg Account Balance
    $250,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

29

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
T. Rowe Price Retirement Hybrid Trust 50%
N/A
Guaranteed Investment Contract 16%
N/A
T. Rowe Price Growth Stock 13%
N/A
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
T. Rowe Price
Insurance Carrier
MassMutual
Investment Adviser
New England Pension Consultants (NEPC)
Legal Counsel
Hinman, Howard, Kattell LLP
Corporate Trustee
T. Rowe Price
Recordkeeper
T. Rowe Price
Auditor
The Bonadio Group, LLC

Articles and Questions

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Why Do Investment Expenses Matter?
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