Plan Snapshot
- Plan Sponsor: Liberty Utilities Co.
- Sponsor EIN: 440236370
- Sponsor Address: 14920 W. CAMELBACK ROAD, LITCHFIELD, AZ, 85340
- Plan Type: Health & Welfare
- Plan Number: 514
- Total Participants: 547
- Total Assets: $145.0M
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 | 547 | $145.0M | $798,796 | $1.7M |
| 2023 | 544 | $137.0M | $5.7M | $1.6M |
| 2022 | 512 | $121.6M | $8.2M | $1.6M |
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 |
|---|---|---|---|---|
| UMR, INC. | Other Service Provider | $436,885 | $4,926 | $441,811 |
| CBIZ | Other Service Provider | $86,056 | — | $86,056 |
| BENEFIT TRUST COMPANY | Other Service Provider | $45,680 | — | $45,680 |
| CBIZ INVESTMENT ADVISORY SERVICES | Other Service Provider | $37,815 | — | $37,815 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $611,362
- Estimated Expense Ratio: 0.422% 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 | $1,626,822 | $83,495 | $516,269 | — | — |
| 2023 | $1,874,375 | $92,913 | $806,345 | — | — |
| 2022 | $2,466,707 | $60,725 | $531,023 | — | $77,712 |