Plan Snapshot
- Plan Sponsor: Pinnacle West Capital Corporation
- Sponsor EIN: 860512431
- Sponsor Address: PO BOX 53999, PHOENIX, AZ, 850723999
- Plan Type: 401(k)
- Plan Number: 504
- Total Participants: 6,385
- Total Assets: $433.6M
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 | 6,385 | $433.6M | $89.5M | $33.9M |
| 2023 | 6,112 | $443.2M | $82.6M | $32.4M |
| 2022 | 5,861 | $441.9M | $84.9M | $30.6M |
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 |
|---|---|---|---|---|
| CIGNA HEALTH & LIFE INS. CO. | Other Service Provider | $3,189,376 | — | $3,189,376 |
| MEDCO HEALTH SOLUTIONS | Other Service Provider | $998,197 | — | $998,197 |
| FIDELITY INVESTMENTS | Recordkeeper | $146,379 | — | $146,379 |
| NISA INVESTMENT ADVISORS LLC | Other Service Provider | $94,833 | — | $94,833 |
| VISION SERVICE PLAN | Other Service Provider | $39,936 | — | $39,936 |
| BNY MELLON ASSET MGMT NORTH AMERICA | Other Service Provider | $34,688 | — | $34,688 |
| WILLIS TOWERS WATSON | Recordkeeper | $5,181 | — | $5,181 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS — Recordkeeper
- WILLIS TOWERS WATSON — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,508,590
- Estimated Expense Ratio: 1.040% 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 | $4,815,417 | $129,521 | $4,376,154 | — | — |
| 2023 | $7,130,313 | $120,225 | $4,305,032 | — | — |
| 2022 | $6,919,194 | $141,978 | $4,229,100 | — | $125,155 |