Plan Ledger DOL Form 5500 · updated monthly

Avista Corporation401(k)

INVESTMENT & EMPLOYEE STOCK OWNERSHIP PLAN OF AVISTA · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Avista Corporation reported $784,281 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $7,981 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 0.09% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other utilities employers. By assets it is the 32nd-largest of 1,714 plans among Washington employers on file, and the 50th of 412 in utilities. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$843,466,787
Participants with balances2,646
Active participants1,994
Employer contributions$15,914,137
Employee contributions$25,412,578
Employer contribution per active participant$7,981
Average account balance$318,771
Benefits paid to participants$54,894,454
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$843.5M · 2,646 accts · $15.9M emplr
2023$751.3M · 2,615 accts · $14.8M emplr
2022$669.6M · 2,548 accts · $13.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$154,198
Investment management$534,755
Audit (IQPA)$64,325
Total administrative$784,281
The Avista Corporation 401(k) match · 2024
Employer contribution per active participant$7,981
Median for plans this size$4,294
2024$7,981 per active participant
2023$7,528 per active participant
2022$7,204 per active participant

Avista Corporation's 2024 employer contribution ran above the $4,294 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
VANGUARD GROUP INC. · Recordkeeping · Consulting$175,648
VANGUARD ADVISERS, INC. · Investment advisory (participants)$461,878
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$72,877
MOSS ADAMS LLP · Accounting / audit$64,325
SEYFARTH SHAW · Legal$5,509

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$784,281 · 0.10%
2023$891,550 · 0.13%
2022$660,681 · 0.09%
Similar plansUtilities · Washington
Puget Sound Energy, Inc. WA$1.3B · 0.01%
Black Hills Corporation SD$933.7M · 0.02%
Pnm Resources, Inc. NM$896.7M · 0.07%
Idaho Power Company ID$889.9M · 0.02%
The Aes Corporation VA$854.6M · 0.05%
Spire Services Inc. MO$777.0M · 0.03%
Ugi Utilities, Inc. PA$713.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910462470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.