Employer · plans filed under one EIN
Long Island Electric Utility Servco LLC
Bethpage, NY · Utilities
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Long Island Electric Utility Servco LLC, based in Bethpage, New York, sponsors 3 retirement plans with 100 or more participants: 2 defined contribution and 1 defined benefit. Together they reported 5,889 participant records and $1.25B in net assets.
The largest is Long Island Electric Utility Servco LLC Retirement Income Plan, a cash balance pension plan with 2,637 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $35.9M and participant contributions $40.1M in the latest plan years; benefits paid were $70.4M. Schedule C compensation reported to service provider organisations totalled $1.8M.
Combined net assets moved from $315M in 2014 to $1.25B in 2024 (up 298%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Long Island Electric Utility Servco LLC Retirement Income Plan | cash balance pension plan | 2024 | 2,637 | $513M | $194,658 | $12,900 | $1.5M |
| Long Island Electric Utility Servco LLC Incentive Thrift Plan II | ESOP with a 401(k) feature | 2024 | 1,745 | $384M | $219,838 | $24 | $154K |
| Long Island Electric Utility Servco LLC Incentive Thrift Plan I | ESOP with a 401(k) feature | 2024 | 1,507 | $355M | $235,719 | $10,028 | $118K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 3 | 5,889 | $1.25B | $35.9M | $40.1M |
| 2023 | 3 | 5,645 | $1.11B | $35.6M | $37.6M |
| 2022 | 3 | 5,456 | $943M | $27.4M | $35.2M |
| 2021 | 3 | 5,273 | $1.09B | $39.0M | $35.3M |
| 2020 | 3 | 5,281 | $941M | $46.4M | $35.9M |
| 2019 | 3 | 5,135 | $787M | $37.6M | $32.9M |
| 2018 | 3 | 4,864 | $619M | $35.1M | $31.2M |
| 2017 | 3 | 4,732 | $601M | $46.1M | $29.6M |
| 2016 | 3 | 4,477 | $466M | $45.9M | $27.8M |
| 2015 | 3 | 4,317 | $372M | $41.0M | $26.1M |
| 2014 | 3 | 4,127 | $315M | $38.0M | $23.5M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Willis Towers Watson US LLC | Actuarial; Recordkeeping and information management; Consulting (general); Consulting (pension) | 1 | $821,036 |
| The Vanguard Group, Inc. | Recordkeeping and information management; Consulting (general); Trustee (directed); Participant loan processing | 2 | $271,428 |
| Income Research & Management | Investment management | 1 | $241,612 |
| Principal Real Estate Investors LLC | Investment management | 1 | $176,130 |
| BNY Mellon | Investment management | 1 | $118,358 |
| Legal & General Investment Manageme | Investment management | 1 | $76,937 |
| The Bank of New York Mellon | Custodial (other than securities); Trustee (directed); Investment management | 1 | $62,266 |
| Kronick Kalada Berdy & Co., P.C. | Accounting (including auditing) | 1 | $23,500 |
| Aon Consulting Inc. | Actuarial; Consulting (general) | 1 | $13,152 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Long Island Electric Utility Servco LLC have?
3 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Long Island Electric Utility Servco LLC Retirement Income Plan, Long Island Electric Utility Servco LLC Incentive Thrift Plan II and Long Island Electric Utility Servco LLC Incentive Thrift Plan I. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Long Island Electric Utility Servco LLC contribute to its plans?
$35,899,445 in employer contributions across these plans in their latest plan years, about $7,983 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Willis Towers Watson US LLC, The Vanguard Group, Inc., Income Research & Management and Principal Real Estate Investors LLC and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.