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: Health & Welfare
- Plan Number: 507
- Total Participants: 0
- Total Assets: $251.5M
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 | 0 | $251.5M | $2.5M | $3.3M |
| 2023 | 0 | $256.2M | $2.5M | $3.5M |
| 2022 | 0 | $447.0M | $2.5M | $3.0M |
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 | $625,676 | — | $625,676 |
| MERCER | Investment Advisor | $327,452 | — | $327,452 |
| CVS/CAREMARK | Other Service Provider | $97,727 | — | $97,727 |
| BLACKROCK FINANCIAL MANAGEMENT INC. | Other Service Provider | $66,000 | — | $66,000 |
| MORGAN LEWIS & BOCKIUS LLP | ERISA Attorney | $25,415 | — | $25,415 |
| NORTHERN TRUST | Other Service Provider | $25,319 | — | $25,319 |
| KREISCHER MILLER | Auditor | $17,196 | — | $17,196 |
| AETNA | Other Service Provider | $15,423 | — | $15,423 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER — Investment Advisor
- MORGAN LEWIS & BOCKIUS LLP — ERISA Attorney
- KREISCHER MILLER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,200,208
- Estimated Expense Ratio: 0.477% 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 | $1,200,165 | $66,000 | $1,116,969 | $17,196 | — |
| 2023 | $1,326,695 | $183,911 | $1,092,156 | $50,628 | — |
| 2022 | $1,718,677 | — | $576,324 | — | — |