Eversource Energy 401(k): Fidelity, match 6% max
Eversource 401k Plan · ES · CIK 72741
Fidelity Investments is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Maximum employer match, as a share of pay
6%
Eversource Energy matches 100% (dollar-for-dollar) of the first 6% of pay.
From the Form 11-K filed June 12, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · what it used to be · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What Eversource Energy puts in, and what the plan costs
What Eversource Energy put into the plan, per active participant
$6,958
Eversource Energy put $6,958 into this plan for each of its 10,538 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
Eversource Energy put in more per active participant than 63% of plans with 5,000+ participants at utilities. The middle plan in that group of 39 reported $5,837. Utilities comes from business code 221500, which Eversource Energy entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much Eversource Energy pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 060810627, plan 005 · DOL EFAST2 ↗
The $6,958 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. Eversource Energy also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $2,970 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What Eversource Energy puts in
$2,970
a year, at a $49,500 salary.
The match paragraph, word for word
“Employer Contributions: Effective January 1, 2025 for eligible Plan participants, the Eversource 401k Plan provided employer matching contributions of 100 percent up to a maximum of six percent of eligible compensation.”
What you contribute to collect all of it
Contribute at least 6% of your pay to collect the full match.
That is $2,970 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“A participant is fully vested in his or her own contributions, as well as earnings thereon, immediately upon making the contribution. Participants are also immediately vested in employer matching contributions plus actual earnings thereon.”
A worker hired today collects no match for 6 months. This is a filed term, and it does not move the score above.
Eligibility, word for word
“For certain eligible newly hired employees, depending on union status, the six-month initial wait period to receive employer matching contributions was also eliminated.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
82nd percentile
$98.64 per participant in plan-paid administrative cost, more expensive than 82% of plans with 5,000+ participants.
What is Eversource Energy's 401(k) match formula?
Eversource Energy's 401(k) employer match tops out at 6% of pay. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 100% (dollar-for-dollar) of the first 6% of pay |
|---|---|
| Maximum employer match | 6% of compensation |
| Paid in company stock | Yes |
| Conditions | For certain eligible newly hired employees, depending on union status, the six-month initial wait period to receive employer matching contributions was also eliminated. |
| Current formula effective | January 1, 2025 |
| Other employer contribution | K-Vantage: prior to 2025, an enhanced non-elective Company contribution made on a payroll basis, based on the sum of age and years of service as of each January 1st, applied to the participant's applicable Plan compensation: 2.5% for less than 40 years, 4.5% for 40 through 59 years, and 6.5% for 60 years and greater. Effective January 1, 2025, a Cash Balance Pension Plan was established which replaced employer K-Vantage contributions, and no additional K-Vantage contributions were made to the Plan except for one union group that had not yet adopted the Cash Balance Pension Plan as a replacement for K-Vantage. |
At a $60,000 salary, contributing 6% ($3,600) earns the full employer match of $3,600 for the year.
What the filing says, word for word
“Employer Contributions: Effective January 1, 2025 for eligible Plan participants, the Eversource 401k Plan provided employer matching contributions of 100 percent up to a maximum of six percent of eligible compensation.”
Source: Form 11-K filed June 12, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What did Eversource Energy's 401(k) match used to be?
Eversource Energy changed its 401(k) match on January 1, 2025. The formula in force now is 100% (dollar-for-dollar) of the first 6% of pay.
| Since January 1, 2025 | 100% (dollar-for-dollar) of the first 6% of pay |
|---|---|
| Before | During 2024 and prior, the Plan provided employer matching contributions to eligible employees participating in the Plan of either 100 percent up to a maximum of three percent of eligible compensation or 50 percent up to a maximum of eight percent of eligible compensation. For newly hired employees with at least six months of service, the Plan provided employer matching contributions of 100 percent up to a maximum of three percent of eligible compensation, contributed on a pre-tax and/or Roth 401k basis for each employee, as applicable, while employees with less than six months of service received no employer match contribution. |
What is Eversource Energy's 401(k) vesting schedule?
Eversource Energy vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Other employer contributions | Participants who were eligible for K-Vantage became fully vested in K-Vantage contributions plus actual earnings thereon after 3 years of service. Prior to a Plan termination, K-Vantage participants become immediately vested upon: (a) death while an active employee or (b) disability of the participant. |
Vesting, word for word
“A participant is fully vested in his or her own contributions, as well as earnings thereon, immediately upon making the contribution. Participants are also immediately vested in employer matching contributions plus actual earnings thereon.”
Source: Form 11-K filed June 12, 2026, SEC EDGAR · SEC ↗
Who can join Eversource Energy's 401(k), and is enrollment automatic?
Eversource Energy enrolls new hires automatically at 3% of pay.
| Match eligibility | For certain eligible newly hired employees, depending on union status, the six-month initial wait period to receive employer matching contributions was also eliminated. |
|---|---|
| Automatic enrollment | Yes: default deferral 3% of pay; 60-day opt-out window |
Eligibility, word for word
“For certain eligible newly hired employees, depending on union status, the six-month initial wait period to receive employer matching contributions was also eliminated.”
Automatic enrollment, word for word
“Employees who have not enrolled in the Plan within 60 days from their date of hire, are automatically enrolled in the Plan at an employee-contribution rate of three percent of pre-tax eligible earnings, subject to their modification at any time.”
Source: Form 11-K filed June 12, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Fidelity Investments, filed as “FIDELITY INVESTMENTS INSTL OPER CO.”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
Participants log in at Fidelity NetBenefits ↗. 401(k) Monitor is not affiliated with Fidelity Investments or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Fidelity Investments |
|---|---|
| Recordkeeper EIN | 042647786 |
What does the Eversource Energy plan report on Form 5500?
The Eversource Energy plan reported $4.0B in assets and 14,250 participants for plan year 2024.
| Total plan assets | $4,046,347,175 |
|---|---|
| Participants | 14,250 |
| Plan-paid admin cost per participant | $98.64 |
How that cost compares
This plan pays $98.64 per participant. The median across plans at utilities is $138.21, from the 387 of 407 whose Form 5500 yields a per-participant cost.
Eversource 401(k) Plan on its Form 5500 filing: fees, providers and financials
How does Eversource Energy's 401(k) match compare?
Eversource Energy's maximum 401(k) match of 6% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file at utilities, two land near Eversource Energy's maximum match and one vests on the same schedule.
Maximum match 6% of pay. Also at utilities.
Maximum match 6% of pay. Also at utilities.
Maximum match 6% of pay. Also at utilities.
Maximum match 6% of pay, level with Eversource Energy.
Maximum match 6% of pay, level with Eversource Energy.
Maximum match 4.2% of pay. Vests immediately too, like Eversource Energy.
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 12, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is Eversource Energy's 401(k) match?
Eversource Energy matches 100% of employee contributions up to 6% of eligible pay (plan year ended December 31, 2025).
When does the Eversource Energy 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does Eversource Energy's 401(k) plan have automatic enrollment?
Yes: default deferral 3% of pay; 60-day opt-out window.
Who is the recordkeeper for Eversource Energy's 401(k)?
Fidelity Investments is named as the recordkeeper on the Form 5500 filed for Eversource 401(k) Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to.
Did Eversource Energy change its 401(k) match?
Yes. During 2024 and prior, the Plan provided employer matching contributions to eligible employees participating in the Plan of either 100 percent up to a maximum of three percent of eligible compensation or 50 percent up to a maximum of eight percent of eligible compensation. For newly hired employees with at least six months of service, the Plan provided employer matching contributions of 100 percent up to a maximum of three percent of eligible compensation, contributed on a pre-tax and/or Roth 401k basis for each employee, as applicable, while employees with less than six months of service received no employer match contribution. The current terms took effect January 1, 2025.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that Eversource Energy filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | Eversource Energy |
| SEC CIK | 72741 |
| Accession number | 0001628280-26-042799 |
| Plan | Eversource 401k Plan |
| Period of report | December 31, 2025 |
| Filed | June 12, 2026 |
401(k) Monitor is not affiliated with Eversource Energy, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “Eversource Energy 401(k) plan facts”, from SEC Form 11-K accession 0001628280-26-042799, plan year ended December 31, 2025.
