Plan Snapshot
- Plan Sponsor: American Water Works Company, INC.
- Sponsor EIN: 510063696
- Sponsor Address: P.O. BOX 2738, ATTN TAX DEPT., CAMDEN, NJ, 081012738
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 6,162
- Total Assets: $112.2M
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 | 6,162 | $112.2M | $53.0M | $26.4M |
| 2023 | 6,013 | $169.2M | $55.4M | $25.5M |
| 2022 | 6,631 | $16.7M | $107.3M | $24.5M |
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 |
|---|---|---|---|---|
| HORIZON BCBS | Other Service Provider | $2,919,597 | — | $2,919,597 |
| CVS CAREMARK | Other Service Provider | $666,163 | — | $666,163 |
| VIRGIN PULSE | Other Service Provider | $276,743 | — | $276,743 |
| AETNA | Other Service Provider | $214,066 | — | $214,066 |
| MERCER | Investment Advisor | $125,313 | — | $125,313 |
| CAREBRIDGE CORPORATION | Other Service Provider | $108,428 | — | $108,428 |
| FIRST AMERICAN ADMINISTRATORS | Recordkeeper | $55,850 | — | $55,850 |
| KREISCHER MILLER | Auditor | $27,843 | — | $27,843 |
| MORGAN LEWIS & BOCKIUS LLP | ERISA Attorney | $21,370 | — | $21,370 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER — Investment Advisor
- KREISCHER MILLER — Auditor
- 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: $4,415,373
- Estimated Expense Ratio: 3.934% 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 | $4,461,487 | $125,313 | $3,867,310 | $27,843 | — |
| 2023 | $4,227,374 | $78,783 | $3,681,842 | $4,961 | — |
| 2022 | $3,489,407 | — | $2,554,893 | — | — |