Plan Snapshot
- Plan Sponsor: Idaho Power Company
- Sponsor EIN: 820130980
- Sponsor Address: P.O. BOX 70, BOISE, ID, 837070070
- Plan Type: Health & Welfare
- Plan Number: 514
- Total Participants: 2,130
- Total Assets: $31.2M
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 | 2,130 | $31.2M | $0 | $1.1M |
| 2023 | 2,101 | $31.8M | $0 | $2.0M |
| 2022 | 2,066 | $29.3M | $0 | $362,499 |
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 |
|---|---|---|---|---|
| REGENCE BLUESHIELD OF IDAHO | Other Service Provider | $136,798 | — | $136,798 |
| DELTA DENTAL OF IDAHO | Other Service Provider | $44,242 | — | $44,242 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $181,040
- Estimated Expense Ratio: 0.580% 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 | $284,659 | — | $284,659 | — | — |
| 2023 | $224,230 | — | $224,230 | — | — |
| 2022 | $258,095 | — | $258,095 | — | — |