Avangrid Management 401(k) and retirement plans

Avangrid Management Company, LLC, Orange, CT. EIN 45-5063049. Annual reports 2009–2024. Also filed as Utility Shared Services Corporation; Iberdrola USA; Iberdrola USA Management Corporation; Avangrid Service Company, Inc.

Avangrid Management Company, LLC has one active retirement plan on file, the Avangrid 401(k) Plan, with 10,256 participants and $2.6 billion in assets in 2024. Fidelity has been its recordkeeper since 2022. No traditional pension plan appears in Avangrid Management's filings since 2009.

Active plans: 1
Participants: 10,256
Plan assets: $2.6 billion
401(k) recordkeeper: Fidelity
Plans on file: 2
Industry: Utilities

All 2 plans

Active plans first

Avangrid 401(k) Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 003Employer EIN 45-5063049
Participants (2024): 10,256
Net assets (2024): $2.6 billion
Recordkeeper: Fidelity2022–2024
Plan administrator: Avangrid Management Company, LLC
180 Marsh Hill RD
Orange, CT 06477
(203) 499-3179As filed for 2024
In effect since: August 2, 2021

Plans merged into this one: Avangrid Non-Union 401(k) Plan (2022); Rochester Gas & Electric Corporation 401(k) Union Plan (2021).

Earlier plan names: Avangrid Union 401(k) Plan.

Year by year, 2021 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	10,256	$2.6 billion	Fidelity
2023	9,980	$2.3 billion	Fidelity
2022	9,512	$2.0 billion	Fidelity
2021	4,103	$1.1 billion	not listed

Avangrid Non-Union 401(k) Plan

401(k)Merged

Merged. In 2022 its assets moved to the Avangrid Union 401(k) Plan, sponsored by Avangrid Management Company, LLC (EIN 45-5063049, plan 003). Accounts moved with them, so that plan is the one to contact.

Plan number: 002Employer EIN 45-5063049
Participants (2021): 5,219
Net assets (2021): $1.4 billion
Recordkeeper: FidelityEarlier: T. Rowe Price (2009–2021)
Plan administrator: Avangrid Management Company, LLC
180 Marsh Hill Road
Orange, CT 06477
(207) 629-1200As filed for 2022
In effect since: January 1, 2005

Plans merged into this one: Nyseg Tax Deferred Savings Plan for Non-Union Employees (2019); Rochester Gas & Electric Corporation Savings Plus Plan (2019); Avangrid Renewables 401(k) Plan (2019); New York State Electric & Gas Corporation 401(k) Union Plan (2021); Uil Holdings Corporation 401(k) Union Plan (2021); Connecticut Natural Gas Corporation 401(k) Union Plan (2021).

Earlier sponsors: Utility Shared Services Corporation (2009); Iberdrola USA (2010); Iberdrola USA Management Corporation (2011–2015); Avangrid Service Company, Inc. (2016–2019).

Earlier plan names: Utility Shared Services Corporation Tax Deferred Savings Plan; Cash Balance Plan for Employees of Energy East Management Corporation; Cash Balance Plan for Employees of Iberdrola USA Management Corporation; The Cash Balance Plan for Employees of Iberdrola U Management Corporation.

Year by year, 2009 to 2022

Plan year	Participants	Net assets	Recordkeeper
2022	0	$0	Fidelity
2021	5,219	$1.4 billion	T. Rowe Price
2020	5,337	$1.3 billion	T. Rowe Price
2019	936	$160 million	T. Rowe Price
2018	834	$127 million	T. Rowe Price
2017	773	$133 million	T. Rowe Price
2016	701	$105 million	T. Rowe Price
2015	0	$0	not listed
2014	224	$3.8 million	not listed
2013	239	$3.8 million	not listed
2012	237	$4.0 million	not listed
2011	203	$3.8 million	not listed
2010	196	$3.4 million	not listed
2009	480	$30.8 million	T. Rowe Price

If you had money in one of these plans

Call Fidelity (fidelity.com), which runs the Avangrid 401(k) Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((203) 499-3179). That number was filed for 2024; ask for the benefits or retirement plan office.
If your plan was merged, your account moved with it. Follow the link on the plan to the plan it went into, and contact that one.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

All 2 plans

Avangrid 401(k) Plan

Avangrid Non-Union 401(k) Plan

If you had money in one of these plans

What these numbers are

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