National Grid USA Service Company, Inc. 401(k): best low-cost funds
National Grid USA CO. Incentive Thrift Plan · Plan #007 · Brooklyn, NY
Suggested simple Boglehead mix
The public data doesn't show enough index funds from this plan to suggest a full mix. A typical Boglehead approach: look in your menu for a US total market or S&P 500 index fund, an international index fund, and a US bond index fund, all with expense ratios under about 0.10%. Or use one low-cost target-date index fund. How the 3-fund portfolio works.
Know this plan's fund menu? Submit it and we'll add a fund-by-fund pick list.
Pooled funds named in the filing (Schedule D)
These are collective trusts and similar pooled funds the plan reported holding. Names that look like index funds are tagged index by keyword, so check them yourself. Mutual funds are not listed by name in the free data.
| Fund | Manager | Type | Plan's holding |
|---|---|---|---|
| Vanguard Inst 500 Index Trust index | Vanguard Fiduciary Trust Company | Common/collective trust | $777.6M |
| Vanguard Target Retirement 2030 | Vanguard Fiduciary Trust Company | Common/collective trust | $763.7M |
| Vanguard Target Retirement 2025 | Vanguard Fiduciary Trust Company | Common/collective trust | $541.7M |
| Fidelity Managed INC Portfolio II | Fidelity Management Trust Company | Common/collective trust | $524.5M |
| Vanguard Target Retirement 2035 | Vanguard Fiduciary Trust Company | Common/collective trust | $523.0M |
| Vanguard Target Retirement 2050 | Vanguard Fiduciary Trust Company | Common/collective trust | $433.3M |
| Vanguard Target Retirement 2045 | Vanguard Fiduciary Trust Company | Common/collective trust | $385.2M |
| Vanguard Target Retirement 2040 | Vanguard Fiduciary Trust Company | Common/collective trust | $377.7M |
| Vanguard Target Retirement 2055 | Vanguard Fiduciary Trust Company | Common/collective trust | $310.6M |
| Vanguard Inst EXT MKT Index Trust index | Vanguard Fiduciary Trust Company | Common/collective trust | $258.2M |
| Vanguard Target Retirement 2020 | Vanguard Fiduciary Trust Company | Common/collective trust | $253.6M |
| Vanguard Target Retirement Income | Vanguard Fiduciary Trust Company | Common/collective trust | $230.2M |
| Vanguard Target Retirement 2060 | Vanguard Fiduciary Trust Company | Common/collective trust | $191.6M |
| Pimco Total Return Fund COL Trust | Pacific Investment Management Company | Common/collective trust | $95.1M |
| Vanguard Inst TOT Intl STK MKT IDX | Vanguard Fiduciary Trust Company | Common/collective trust | $93.7M |
| Vanguard Inst Total Bond MKT IDX TR index | Vanguard Fiduciary Trust Company | Common/collective trust | $67.9M |
| Vanguard Target Retirement 2065 | Vanguard Fiduciary Trust Company | Common/collective trust | $54.0M |
| T. Rowe Price Retirement 2030 Trust | T. Rowe Price Trust Company | Common/collective trust | $51.4M |
| T. Rowe Price Retirement 2040 Trust | T. Rowe Price Trust Company | Common/collective trust | $32.7M |
| T. Rowe Price Retirement 2025 Trust | T. Rowe Price Trust Company | Common/collective trust | $24.4M |
| T. Rowe Price Retirement 2050 Trust | T. Rowe Price Trust Company | Common/collective trust | $21.1M |
| T. Rowe Price Retirement 2020 Trust | T. Rowe Price Trust Company | Common/collective trust | $20.2M |
| T. Rowe Price Retirement 2035 Trust | T. Rowe Price Trust Company | Common/collective trust | $12.8M |
| T. Rowe Price Retirement 2045 Trust | T. Rowe Price Trust Company | Common/collective trust | $9.9M |
| T. Rowe Price Retirement 2060 Trust | T. Rowe Price Trust Company | Common/collective trust | $7.9M |
| Vanguard Target Retirement 2070 | Vanguard Fiduciary Trust Company | Common/collective trust | $7.5M |
| T. Rowe Price Retirement 2005 Trust | T. Rowe Price Trust Company | Common/collective trust | $3.9M |
| T. Rowe Price Retirement 2055 Trust | T. Rowe Price Trust Company | Common/collective trust | $3.7M |
| T. Rowe Price Retirement 2065 Trust | T. Rowe Price Trust Company | Common/collective trust | $3.0M |
| T. Rowe Price Retirement 2010 Trust | T. Rowe Price Trust Company | Common/collective trust | $2.8M |
| T. Rowe Price Retirement 2015 Trust | T. Rowe Price Trust Company | Common/collective trust | $2.2M |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Common/collective trusts | $6.1B | 94.6% |
| Common stock (direct) | $220.6M | 3.4% |
| Participant loans | $85.2M | 1.3% |
| Other investments | $38.8M | 0.6% |
Fees paid from plan assets
| Contract administrator fees | $978,785 |
| Investment advisory & management fees | $179,582 |
| Other administrative fees | $10,511 |
| Total administrative expenses | $1.2M |
Reported administrative expenses were about 0.020% of average plan assets, or about $52 per participant with a balance. This usually excludes fund expense ratios netted inside mutual funds and trusts.
Source: DOL EFAST2 Form 5500 & Schedules H/D, filing ID 20251014151817NAL0004372224001. EIN 041663150.