Plan Snapshot
- Plan Sponsor: Liberty Utilities Service Corp.
- Sponsor EIN: 331224978
- Sponsor Address: 14920 W. CAMELBACK ROAD, LITCHFIELD PARK, AZ, 85340
- Plan Type: 401(k)
- Total Participants: 2,462
- Total Assets: $443.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,462 | $443.3M | $11.6M | $21.9M |
| 2023 | 2,482 | $395.9M | $11.4M | $21.7M |
| 2022 | 2,451 | $335.6M | $9.1M | $19.9M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT ADVISORS, LLC. | SERVICE PROVIDER | $222,850 | — | $222,850 |
| ACTUARIAL CONSULTING SERVICES | THIRD PARTY ADMINISTRATO | — | $204,041 | $204,041 |
| OSAIC WEALTH, INC | BROKER/DEALER | — | $90,000 | $90,000 |
| PICKETT, CHANEY & MCMULLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSAIC WEALTH, INC — BROKER/DEALER
- PICKETT, CHANEY & MCMULLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $516,891
- Estimated Expense Ratio: 0.117% 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 | $514,979 | — | $514,979 | — | — |
| 2023 | $415,009 | — | $415,009 | — | — |
| 2022 | $337,092 | — | $337,092 | — | — |