American Water Works 401(k) match, vesting and fees
What American Water Works' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Kreischer Miller (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 11 defined-contribution plans in utilities with 5,000 to 9,999 participants.
| American Water Works: employer contribution per participant | $5,292 | |
| Peer median | $4,846 |
| American Water Works: average balance | $169,672 | |
| Peer median | $205,081 |
| American Water Works: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.06% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $1.3B at the end of plan year 2023 to $1.4B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 8,308 | $1.4B | $43.5M | $5,292 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 8,137 | $1.3B | $40.3M | $4,954 | 0.04% | Not published | Form 5500 ↗ |
Other American Water Works plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Pension Plan for Certain Inactive Participants of American Water Works Company, Inc. and Its Designa
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Kreischer Miller (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Pension Plan for Employees of American Water Works Company, Inc. & Its Designated Subsidiaries
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Kreischer Miller (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does American Water Works match 401(k) contributions?
The match terms for the Savs Pl for Emps of Amer Wtr Wks Co Inc & Its Desig Subs have not been published from its filing yet. The plan year 2024 filing reports $43.5M in employer contributions, about $5,292 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the American Water Works 401(k) match vested?
The vesting schedule for the Savs Pl for Emps of Amer Wtr Wks Co Inc & Its Desig Subs is not in the data published so far. Your Summary Plan Description states it.
Who manages the American Water Works 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is American Water Works Company, Inc..
I left American Water Works. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (American Water Works Company, Inc., (856) 955-4001) or the recordkeeper, Empower Annuity Insurance Company. The American Water Works old 401(k) page lists the contacts from every plan filing. Find an old American Water Works 401(k)
Data from the public Form 5500 annual reports American Water Works filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with American Water Works. Not financial advice. Report a correction · Methodology