Plan Ledger DOL Form 5500 · updated monthly

American Water Works Company, Inc.401(k)

SAVS PL FOR EMPS OF AMER WTR WKS CO INC & ITS DESIG SUBS · CAMDEN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

American Water Works Company, Inc. reported $398,684 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $6,472 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 fell from 0.04% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other utilities employers. By assets it is the 50th-largest of 2,419 plans among New Jersey employers on file, and the 34th of 412 in utilities. In 2024, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,394,536,734
Participants with balances8,219
Active participants6,721
Employer contributions$43,496,846
Employee contributions$51,214,536
Employer contribution per active participant$6,472
Average account balance$169,672
Benefits paid to participants$125,042,029
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.4B · 8,219 accts · $43.5M emplr
2023$1.3B · 8,137 accts · $40.3M emplr
2022$1.0B · 8,042 accts · $37.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$382,534
Total administrative$398,684
The American Water Works Company, Inc. 401(k) match · 2024
Employer contribution per active participant$6,472
Median for plans this size$5,259
2024$6,472 per active participant
2023$6,252 per active participant
2022$5,832 per active participant

American Water Works Company, Inc.'s 2024 employer contribution ran above the $5,259 median for plans its size. 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 · 20242
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$382,534
QDRO CONSULTANTS$6,400

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

Recordkeeper by year2
2024Empower
2023Prudential, QDRO CONSULTANTS

This plan has changed recordkeepers within these filings. If you left American Water Works Company, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$398,684 · 0.03%
2023$406,983 · 0.04%
2022$449,677 · 0.04%
Same employer
Similar plansUtilities · New Jersey
Pacificorp OR$1.8B · 0.15%
Evergy, Inc. MO$1.7B · 0.08%
Puget Sound Energy, Inc. WA$1.3B · 0.01%
Mdu Resources Group, Inc. ND$1.3B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510063696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.