Plan Snapshot
- Plan Sponsor: Salt River Valley Water Users Association
- Sponsor EIN: 860053220
- Sponsor Address: PO BOX 52025 PAB501, PHOENIX, AZ, 850722025
- Plan Type: DB
- Total Participants: 5,246
- Total Assets: $2.9B
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 | 5,246 | $2.9B | $75.0M | $0 |
| 2023 | 4,989 | $2.8B | $75.3M | $0 |
| 2022 | 4,790 | $2.5B | $74.9M | $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 |
|---|---|---|---|---|
| LEGAL AND GENERAL | INVESTMENT MANAGER | $1,356,682 | — | $1,356,682 |
| NORTHERN TRUST COMPANY | TRUSTEE | $1,198,580 | — | $1,198,580 |
| PRUDENTIAL INSURANCE COMPANY | INVESTMENT MANAGER | $1,059,343 | — | $1,059,343 |
| CAPTRUST | INVESTMENT ADVISOR | $428,060 | — | $428,060 |
| VULCAN VALUE PARTNERS | INVESTMENT MANAGER | $388,329 | $5,801 | $394,130 |
| CAPITAL INTERNATIONAL, INC. | INVESTMENT MANAGER | $360,302 | — | $360,302 |
| ARTISAN PARTNERS | INVESTMENT MANAGER | $308,090 | — | $308,090 |
| WILLIS TOWERS WATSON | ACTUARY | $71,600 | — | $71,600 |
| UBS | INVESTMENT MANAGER | $51,360 | — | $51,360 |
| MORNINGSTAR, INC. | INVESTMENT MANAGER | $31,256 | — | $31,256 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRUDENTIAL INSURANCE COMPANY — INVESTMENT MANAGER
- CAPTRUST — INVESTMENT ADVISOR
- WILLIS TOWERS WATSON — ACTUARY
- UBS — INVESTMENT MANAGER
- MORNINGSTAR, INC. — INVESTMENT MANAGER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,259,403
- Estimated Expense Ratio: 0.181% 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 | $5,060,189 | $3,237,611 | $428,060 | — | — |
| 2023 | $5,011,081 | $3,544,837 | $318,919 | — | — |
| 2022 | $4,730,267 | $4,013,576 | $599,716 | — | $42,175 |