# Idaho Power Company Health & Welfare Plan
Source: https://planprovider.pro/companies/idaho-power-company-820130980-521

> Idaho Power Company's Health & Welfare plan: 2,080 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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