Plan Ledger DOL Form 5500 · updated monthly

Arizona Water Co.401(k)

ARIZONA WATER COMPANY RETIREMENT AND SAVINGS PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Arizona Water Co. reported $27,735 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,906 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 0.03% to 0.06%. 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 193rd-largest of 1,285 plans among Arizona employers on file, and the 182nd of 412 in utilities. In 2024, employees put in $3.06 for every $1.00 the employer contributed; active participation has grown from 250 to 288 since 2022.

Plan summary
Net assets, end of year$49,904,132
Participants with balances329
Active participants288
Employer contributions$548,924
Employee contributions$1,681,284
Employer contribution per active participant$1,906
Average account balance$151,684
Benefits paid to participants$5,464,845
Plan auditUnmodified (clean) audit opinion
AuditorVASQUEZ &COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$49.9M · 329 accts · $549K emplr
2023$43.9M · 302 accts · $1.8M emplr
2022$34.3M · 286 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,985
Total administrative$27,735
The Arizona Water Co. 401(k) match · 2024
Employer contribution per active participant$1,906
Median for plans this size$2,416
2024$1,906 per active participant
2023$6,835 per active participant
2022$5,139 per active participant

Arizona Water Co.'s 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,985
SAGEVIEW ADVISORY GROUP, LLC · Consulting$5,750

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$27,735 · 0.06%
2023$19,746 · 0.05%
2022$13,226 · 0.03%
Same employer
Similar plansUtilities · Arizona
Epcor USA, Inc. AZ$57.7M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860119837 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.