Plan Snapshot
- Plan Sponsor: Tucson Electric Power Company
- Sponsor EIN: 860062700
- Sponsor Address: PO BOX 711, TUCSON, AZ, 85702
- Plan Type: 401(k)
- Plan Number: 007
- Total Participants: 2,528
- Total Assets: $606.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 2,528 | $606.4M | $0 | $0 |
| 2024 | 2,079 | $518.6M | $9.5M | $22.4M |
| 2023 | 2,061 | $443.0M | $8.7M | $20.3M |
| 2022 | 1,991 | $361.6M | $8.3M | $19.2M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | Investment Advisor | $224,246 | — | $224,246 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $141,645 | — | $141,645 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $365,891
- Estimated Expense Ratio: 0.060% 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 |
|---|---|---|---|---|---|
| 2025 | $48,411,516 | $224,246 | $1,200 | — | — |
| 2024 | $293,680 | $163,011 | $2,100 | — | — |
| 2023 | $263,791 | $139,101 | $2,100 | — | — |
| 2022 | $287,023 | $143,348 | — | — | — |