Plan Snapshot
- Plan Sponsor: American Water Works Co., INC.
- Sponsor EIN: 510063696
- Sponsor Address: P.O. BOX 2738, ATTN TAX DEPT., CAMDEN, NJ, 081012738
- Plan Type: DB
- Total Participants: 1,362
- Total Assets: $712.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,362 | $712.0M | $44.0M | $0 |
| 2023 | 1,488 | $702.9M | $52.5M | $0 |
| 2022 | 1,633 | $1.4B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| NORTHERN TRUST COMPANY | Other Service Provider | $1,020,566 | — | $1,020,566 |
| HEITMAN/JMB ADVISORY CORPORATION | Other Service Provider | $557,555 | — | $557,555 |
| WILLIS TOWERS WATSON | Recordkeeper | $374,286 | — | $374,286 |
| TCW ASSET MANAGEMENT | Other Service Provider | $245,367 | — | $245,367 |
| MERCER | Other Service Provider | $230,670 | — | $230,670 |
| INCOME RESEARCH & MANAGEMENT | Other Service Provider | $153,546 | — | $153,546 |
| EAGLE ASSET MANAGEMENT | Other Service Provider | $138,426 | — | $138,426 |
| LSV ASSET MANAGEMENT | Other Service Provider | $132,910 | — | $132,910 |
| FIDELITY INSTITUTIONAL ASSET | Other Service Provider | $111,003 | — | $111,003 |
| KREISCHER MILLER | Auditor | $110,981 | — | $110,981 |
| UBS GLOBAL ASSET MANAGEMENT | Investment Advisor | $107,297 | — | $107,297 |
| PUGH CAPITAL | Other Service Provider | $58,869 | — | $58,869 |
| JOHN HANCOCK LIFE INSURANCE CO | Recordkeeper | $52,889 | — | $52,889 |
| MORGAN LEWIS & BOCKIUS LLP | ERISA Attorney | $46,984 | — | $46,984 |
| FRANKLIN TEMPLETON | Other Service Provider | $18,056 | — | $18,056 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON — Recordkeeper
- KREISCHER MILLER — Auditor
- UBS GLOBAL ASSET MANAGEMENT — Investment Advisor
- JOHN HANCOCK LIFE INSURANCE CO — Recordkeeper
- MORGAN LEWIS & BOCKIUS LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,359,405
- Estimated Expense Ratio: 0.472% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $5,403,293 | $2,764,083 | — | $110,981 | — |
| 2023 | $8,583,144 | $3,105,770 | — | — | — |
| 2022 | $3,577,980 | $2,597,393 | — | — | $837,322 |