Plan Ledger DOL Form 5500 · updated monthly

American Water Resources, LLC401(k)

HOME OWNER SERVICES 401(K) PLAN · NAPERVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.37%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

American Water Resources, LLC reported $128,323 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $7,182 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.19% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 1,094th-largest of 3,702 plans among Illinois employers on file, and the 201st of 412 in utilities. In 2024, the employer put in $1.12 for every $1.00 employees contributed themselves; active participation has grown from 525 to 624 since 2022.

Plan summary
Net assets, end of year$40,203,635
Participants with balances880
Active participants624
Employer contributions$4,481,286
Employee contributions$3,987,248
Employer contribution per active participant$7,182
Average account balance$45,686
Benefits paid to participants$5,095,368
Plan auditUnmodified (clean) audit opinion
AuditorWARADY & DAVIS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$40.2M · 880 accts · $4.5M emplr
2023$30.0M · 694 accts · $3.8M emplr
2022$21.6M · 535 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Investment management$128,323
Total administrative$128,323
The American Water Resources, LLC 401(k) match · 2024
Employer contribution per active participant$7,182
Median for plans this size$2,416
2024$7,182 per active participant
2023$9,832 per active participant
2022$5,902 per active participant

American Water Resources, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
EDELMAN FINANCIAL HOLDINGS III · Investment advisory (plan)$56,978
EMPOWER ADVISORY GROUP, LLC · Investment management$12,938
TYCOR BENEFIT ADMINISTRATORS, INC. · Contract administrator$7,242
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$6,825

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$128,323 · 0.37%
2023$104,442 · 0.41%
2022$41,920 · 0.19%
Same employer
Similar plansUtilities · Illinois
Invenergy LLC IL$240.3M · 0.12%
Dcc Lpg Holdings, Inc. IL$143.1M · 0.21%
Alto Ingredients, Inc. IL$80.2M · 0.15%
Hearthstone Utilities Inc. IL$22.6M · 0.48%
Dukes Root Control, Inc. IL$22.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540912221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.