Plan Snapshot
- Plan Sponsor: Pinnacle West Capital Corporation
- Sponsor EIN: 860512431
- Sponsor Address: PO BOX 53999, PHOENIX, AZ, 850723999
- Plan Type: DB
- Total Participants: 6,307
- Total Assets: $3.1B
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 | 6,307 | $3.1B | $0 | $0 |
| 2023 | 6,044 | $3.3B | $0 | $0 |
| 2022 | 5,824 | $3.2B | $0 | $0 |
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 |
|---|---|---|---|---|
| JP MORGAN INVESTMENT MGMT | NONE | $1,312,271 | — | $1,312,271 |
| NISA INVESTMENT ADVISORS LLC | NONE | $1,269,552 | — | $1,269,552 |
| FIDELITY INV INST OPS CO | NONE | $960,523 | — | $960,523 |
| BLACKROCK FINANCIAL MANAGEMENT, INC | NONE | $771,763 | — | $771,763 |
| COLUMBIA THREADNEEDLE | NONE | $550,592 | — | $550,592 |
| WELLINGTON MANAGEMENT COMPANY LLP | NONE | $540,898 | — | $540,898 |
| INCOME RESEARCH + MANAGEMENT | NONE | $539,418 | — | $539,418 |
| STATE STREET GLOBAL ADVISORS TRUST | NONE | $460,917 | — | $460,917 |
| SEGAL BRYANT & HAMILL | NONE | $399,023 | — | $399,023 |
| MORGAN STANLEY INVESTMENT MGMT INC. | NONE | $371,871 | — | $371,871 |
| LEGAL & GENERAL INVST MGMT AMERICA | NONE | $334,476 | — | $334,476 |
| WILLIAM BLAIR INVESTMENT MGMT, LLC | NONE | $277,543 | — | $277,543 |
| JANUS CAPITAL MANAGEMENT LLC | NONE | $156,129 | — | $156,129 |
| BOSTON PARTNERS GLOBAL INVEST, INC. | NONE | $153,868 | — | $153,868 |
| MERCER INVESTMENTS LLC | NONE | $142,622 | — | $142,622 |
| WILLIS TOWERS WATSON US LLC | NONE | $130,200 | — | $130,200 |
| MFS INSTITUTIONAL ADVISORS, INC | NONE | $76,811 | — | $76,811 |
| SNELL AND WILLMER | NONE | $29,502 | — | $29,502 |
| DELOITTE & TOUCHE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JP MORGAN INVESTMENT MGMT — NONE
- FIDELITY INV INST OPS CO — NONE
- COLUMBIA THREADNEEDLE — NONE
- MORGAN STANLEY INVESTMENT MGMT INC. — NONE
- WILLIS TOWERS WATSON US LLC — NONE
- SNELL AND WILLMER — NONE
- DELOITTE & TOUCHE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,477,979
- Estimated Expense Ratio: 0.274% 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 | $10,362,183 | $7,215,133 | $1,103,145 | — | — |
| 2023 | $12,320,173 | $8,660,625 | $1,410,964 | — | — |
| 2022 | $11,244,867 | $8,717,771 | — | — | $1,224,063 |