Long Island Electric Utility Servco 401(k) match, vesting and fees
What Long Island Electric Utility Servco'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 | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Kronick Kalada Berdy & Co. P.C (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 87 defined-contribution plans in utilities with 1,000 to 4,999 participants.
| Long Island Electric Utility Servco: employer contribution per participant | $20 | |
| Peer median | $5,188 |
| Long Island Electric Utility Servco: average balance | $226,858 | |
| Peer median | $183,243 |
| Long Island Electric Utility Servco: admin expenses ÷ assets | 0.04% | |
| Peer median | 0.09% |
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 $355M at the end of plan year 2023 to $384M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,745 | $384M | $35K | $20 | 0.04% | Not published | Form 5500 ↗ |
| 2023 | 1,722 | $355M | — | — | 0.04% | Not published | Form 5500 ↗ |
Other Long Island Electric Utility Servco plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Long Island Electric Utility Servco LLC Incentive Thrift Plan I
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 | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Kronick Kalada Berdy & Co. P.C. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Long Island Electric Utility Servco LLC Retirement Income 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 | Willis Towers Watson US LLC | Schedule C ↗ |
| Independent auditor | Kronick Kalada Berdy & Co, P.C. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Long Island Electric Utility Servco match 401(k) contributions?
The match terms for the Long Island Electric Utility Servco LLC Incentive Thrift Plan II have not been published from its filing yet. The plan year 2024 filing reports $35K in employer contributions, about $20 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Long Island Electric Utility Servco 401(k) match vested?
The vesting schedule for the Long Island Electric Utility Servco LLC Incentive Thrift Plan II is not in the data published so far. Your Summary Plan Description states it.
Who manages the Long Island Electric Utility Servco 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Employee Benefits Committee of Servco LLC.
I left Long Island Electric Utility Servco. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Employee Benefits Committee of Servco LLC, (973) 430-7000) or the recordkeeper, The Vanguard Group, Inc.. The Long Island Electric Utility Servco old 401(k) page lists the contacts from every plan filing. Find an old Long Island Electric Utility Servco 401(k)
Data from the public Form 5500 annual reports Long Island Electric Utility Servco 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 Long Island Electric Utility Servco. Not financial advice. Report a correction · Methodology