Essential Utilities, Inc. 401(K) Plan — Form 5500 plan (Essential Utilities, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Essential Utilities, Inc. 401(K) Plan is a benefit plan reported by Essential Utilities, Inc. under EIN 23-1702594 and plan number 005. The latest loaded filing year is 2023. The filing reports 4,377 participants and $558,501,909 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Essential Utilities, Inc.
EIN
23-1702594
Plan number
005
Plan type
2
Location
Bryn Mawr, PA
Latest filing year
2023
Participants
4,377
End-of-year plan assets
$558,501,909

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,377H, C20241004103153NAL0011307857001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$558,501,909
Total liabilities (EOY)
$99,195
Net assets (EOY)
$558,402,714
Net assets (BOY)
$503,248,907

Income & contributions

Employer contributions
$23,200,087
Participant contributions
$25,255,448
Total contributions
$50,449,438
Total income / additions
$112,741,475

Expenses & distributions

Benefits paid
$56,966,293
Administrative expenses
$547,763
Total expenses
$57,587,668
Net increase / (decrease)
$55,153,807

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investment InstCUSTODIAN/RECORDKEEPER$203,191$02023
Holland & Knight LlpATTORNEY/LEGAL$147,672not reported in the loaded dataset2023
Newport Capital Group LLCCONSULTING$67,072not reported in the loaded dataset2023
Global Retirement PartnersCONSULTING$63,750not reported in the loaded dataset2023
Strategic Advisors, Inc.INVESTMENT ADVISOR$50,909not reported in the loaded dataset2023
Faerge Drinker Biddle & Reath LlpLEGAL SERVICES$15,142not reported in the loaded dataset2023

Related Form 5500 pages