New York Independent System Operator 401(k) match, vesting and fees
What New York Independent System Operator'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 | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Bst & Co. Cpas, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 16 defined-contribution plans in utilities with 500 to 999 participants.
| New York Independent System Operator: employer contribution per participant | $11,229 | |
| Peer median | $5,050 |
| New York Independent System Operator: average balance | $432,848 | |
| Peer median | $160,474 |
| New York Independent System Operator: admin expenses ÷ assets | 0.04% | |
| Peer median | 0.14% |
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 $279M at the end of plan year 2021 to $361M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 834 | $361M | $9.4M | $11,229 | 0.04% | Not published | Form 5500 ↗ |
| 2024 | 814 | $321M | $9M | $11,085 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 799 | $285M | $8.3M | $10,472 | 0.07% | Not published | Form 5500 ↗ |
| 2022 | 780 | $235M | $7.5M | $9,669 | 0.08% | Not published | Form 5500 ↗ |
| 2021 | 739 | $279M | $6.9M | $9,321 | 0.08% | Not published | Form 5500 ↗ |
Other New York Independent System Operator plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
New York Independent System Operator Pension 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 | Bst & Co. Cpas, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does New York Independent System Operator match 401(k) contributions?
The match terms for the New York Independent System Operator, Inc. 401(k) Retirement Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $9.4M in employer contributions, about $11,229 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the New York Independent System Operator 401(k) match vested?
The vesting schedule for the New York Independent System Operator, Inc. 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the New York Independent System Operator 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Empower Annuity Insurance Company. The plan administrator is New York Independent System Operator, Inc..
I left New York Independent System Operator. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (New York Independent System Operator, Inc., (518) 356-6000) or the recordkeeper, Empower Annuity Insurance Company. The New York Independent System Operator old 401(k) page lists the contacts from every plan filing. Find an old New York Independent System Operator 401(k)
Data from the public Form 5500 annual reports New York Independent System Operator filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 New York Independent System Operator. Not financial advice. Report a correction · Methodology