Plan Ledger DOL Form 5500 · updated monthly

San Gabriel Valley Water Company401(k)

SAN GABRIEL VALLEY WATER COMPANY RETIREMENT AND SAVINGS PLAN · EL MONTE, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

San Gabriel Valley Water Company reported $26,130 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,250 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 1 year on file its reported administrative ratio rose from 0.02% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 1,056th-largest of 9,483 plans among California employers on file, and the 135th of 412 in utilities. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves; active participation has grown from 251 to 279 since 2022.

Plan summary
Net assets, end of year$93,992,903
Participants with balances330
Active participants279
Employer contributions$2,859,724
Employee contributions$2,603,493
Employer contribution per active participant$10,250
Average account balance$284,827
Benefits paid to participants$6,831,120
Plan auditUnmodified (clean) audit opinion
AuditorVASQUEZ AND COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$94.0M · 330 accts · $2.9M emplr
2023$80.3M · 3 accts · $2.5M emplr
2022$69.7M · 316 accts · $2.3M emplr
The San Gabriel Valley Water Company 401(k) match · 2024
Employer contribution per active participant$10,250
Median for plans this size$3,635
2024$10,250 per active participant
2023$9,356 per active participant
2022$9,312 per active participant

San Gabriel Valley Water Company's 2024 employer contribution ran above the $3,635 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 · 20242
SAGE VIEW · Consulting$47,500
FIDELITY INVESTMENTS INST. OPER. CO · Loan processingindirect comp

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$26,130 · 0.03%
2023$13,324 · 0.02%
2022Not separately reported
Same employer
Similar plansUtilities · California
Clearway Energy Group LLC CA$151.2M · 0.13%
San Jose Water Company CA$135.3M · 0.04%
Edf Renewables CA$123.2M · 0.12%
Clean Energy CA$75.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951499179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.