Aquarion 401(k) match, vesting and fees
What Aquarion's 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 | T. Rowe Price | Schedule C ↗ |
| Independent auditor | Fiondella, Milone & Lasaracina LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 289 defined-contribution plans in utilities with 100 to 499 participants.
| Aquarion: employer contribution per participant | $4,473 | |
| Peer median | $3,629 |
| Aquarion: average balance | $244,324 | |
| Peer median | $86,045 |
| Aquarion: admin expenses ÷ assets | 0.05% | |
| Peer median | 0.26% |
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 $98.9M at the end of plan year 2021 to $108M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 473 | $108M | $2M | $4,473 | 0.05% | Not published | Form 5500 ↗ |
| 2023 | 463 | $95.6M | $1.9M | $4,329 | 0.05% | Not published | Form 5500 ↗ |
| 2022 | 469 | $84.1M | $1.7M | $3,893 | 0.05% | Not published | Form 5500 ↗ |
| 2021 | 433 | $98.9M | $1.4M | $3,460 | 0.05% | Not published | Form 5500 ↗ |
Other Aquarion plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Retirement Plan for Employees of Aquarion Company
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 | Sei Trust Company | 2023 Schedule C ↗ |
| Independent auditor | Fiondella, Milone & Lasaracina LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
Common questions
Does Aquarion match 401(k) contributions?
The match terms for the Savings Plan for Employees of Aquarion Water Company have not been published from its filing yet. The plan year 2024 filing reports $2M in employer contributions, about $4,473 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Aquarion 401(k) match vested?
The vesting schedule for the Savings Plan for Employees of Aquarion Water Company is not in the data published so far. Your Summary Plan Description states it.
Who manages the Aquarion 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is T. Rowe Price. The plan administrator is Aquarion Water Company.
I left Aquarion. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Aquarion Water Company, (203) 362-3000) or the recordkeeper, T. Rowe Price. The Aquarion old 401(k) page lists the contacts from every plan filing. Find an old Aquarion 401(k)
Data from the public Form 5500 annual reports Aquarion filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Aquarion. Not financial advice. Report a correction · Methodology