Con Edison 401(k) match, vesting and fees
What Con Edison's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Vanguard Group Inc. | Schedule C ↗ |
| Independent auditor | Cohnreznick LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 26 defined-contribution plans in utilities with 10,000 to 49,999 participants.
| Con Edison: employer contribution per participant | $4,223 | |
| Peer median | $4,320 |
| Con Edison: average balance | $305,756 | |
| Peer median | $255,382 |
| Con Edison: admin expenses ÷ assets | 0.07% | |
| Peer median | 0.07% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $5.6B at the end of plan year 2023 to $6.3B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 21,431 | $6.3B | $87.7M | $4,223 | 0.07% | Not published | Form 5500 ↗ |
| 2023 | 20,625 | $5.6B | $76.5M | $3,836 | 0.07% | Not published | Form 5500 ↗ |
Other Con Edison plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Cohnreznick LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Consolidated Edison Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Sei Investments | Schedule C ↗ |
| Independent auditor | Cohnreznick LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Con Edison match 401(k) contributions?
The match terms for the The Consolidated Edison Thrift Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $87.7M in employer contributions, about $4,223 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Con Edison 401(k) match vested?
The vesting schedule for the The Consolidated Edison Thrift Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Con Edison 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Vanguard Group Inc.. The plan administrator is Consolidated Edison Company of New York, Inc..
I left Con Edison. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Consolidated Edison Company of New York, Inc., (212) 460-4600) or the recordkeeper, Vanguard Group Inc.. The Con Edison old 401(k) page lists the contacts from every plan filing. Find an old Con Edison 401(k)
Data from the public Form 5500 annual reports Con Edison filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Con Edison. Not financial advice. Report a correction · Methodology