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: 521
- Total Participants: 2,080
- Total Assets: -$6,480,877
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 | 2,080 | -$6,480,877 | $29.0M | $6.3M |
| 2023 | 2,055 | $108,895 | $26.3M | $6.3M |
| 2022 | 1,995 | $89,940 | $22.7M | $6.2M |
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 | $1,274,366 | — | $1,274,366 |
| DELTA DENTAL OF IDAHO | Other Service Provider | $73,680 | — | $73,680 |
| VSP | Other Service Provider | $55,114 | — | $55,114 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,403,160
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 | $1,671,853 | — | $1,671,853 | — | — |
| 2023 | $1,455,492 | — | $1,455,492 | — | — |
| 2022 | $1,429,404 | — | $1,429,404 | — | — |