Plan Snapshot
- Plan Sponsor: Liberty Utilities Co.
- Sponsor EIN: 274444001
- Sponsor Address: 14920 W. CAMELBACK ROAD, LITCHFIELD, AZ, 85340
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 241
- Total Assets: $46.7M
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 | 241 | $46.7M | $1.3M | $659,575 |
| 2023 | 239 | $47.6M | $3.6M | $582,101 |
| 2022 | 0 | $42.2M | $2.0M | $617,662 |
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 |
|---|---|---|---|---|
| EXCELLUS BLUE CROSS BLUE SHIELD | Other Service Provider | $74,134 | — | $74,134 |
| CBIZ | Other Service Provider | $68,500 | — | $68,500 |
| BENEFIT TRUST COMPANY | Other Service Provider | $17,046 | — | $17,046 |
| CBIZ INVESTMENT ADVISORY SERVICES | Other Service Provider | $12,585 | — | $12,585 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $172,265
- Estimated Expense Ratio: 0.369% 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 | $262,222 | $12,585 | $164,091 | — | — |
| 2023 | $262,466 | $17,947 | $166,307 | — | — |
| 2022 | $247,556 | $22,202 | $160,865 | — | $64,489 |