Plan Ledger DOL Form 5500 · updated monthly

Essential Utilities, Inc.401(k)

ESSENTIAL UTILITIES, INC. 401(K) PLAN · BRYN MAWR, PA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Essential Utilities, Inc. reported $893,098 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,404 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 0.12% to 0.15%. 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 125th-largest of 3,651 plans among Pennsylvania employers on file, and the 58th of 412 in utilities. In 2024, employees put in $1.07 for every $1.00 the employer contributed; active participation has grown from 3,124 to 3,448 since 2022.

Plan summary
Net assets, end of year$623,490,178
Participants with balances3,990
Active participants3,448
Employer contributions$25,529,388
Employee contributions$27,413,375
Employer contribution per active participant$7,404
Average account balance$156,263
Benefits paid to participants$54,494,715
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$623.5M · 3,990 accts · $25.5M emplr
2023$558.4M · 4,093 accts · $23.2M emplr
2022$503.2M · 3,968 accts · $17.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$185,599
Investment management$525,745
Total administrative$893,098
The Essential Utilities, Inc. 401(k) match · 2024
Employer contribution per active participant$7,404
Median for plans this size$4,294
2024$7,404 per active participant
2023$7,095 per active participant
2022$5,496 per active participant

Essential Utilities, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20246
NEWPORT CAPITAL GROUP, LLC · Investment advisory (plan)$263,813
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$222,216
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$96,120
GLOBAL RETIREMENT PARNERS · Consulting$86,770
FAEGRE DRINKER BIDDLE & REATH LLP · Legal$19,347
HOLLAND & KNIGHT LLP · Legal$15,842

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$893,098 · 0.15%
2023$547,763 · 0.10%
2022$478,593 · 0.12%
Same employer
Similar plansUtilities · Pennsylvania
Ugi Utilities, Inc. PA$713.8M · 0.05%
Ppl Services Corporation PA$617.8M · 0.00%
Pjm Interconnection L.L.C. PA$498.1M · 0.02%
Duquesne Light Company PA$210.7M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231702594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.