Essential Utilities 401(k) match, vesting and fees
What Essential Utilities' 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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Schneider Downs & Co., Inc. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 87 defined-contribution plans in utilities with 1,000 to 4,999 participants.
| Essential Utilities: employer contribution per participant | $6,398 | |
| Peer median | $5,188 |
| Essential Utilities: average balance | $156,263 | |
| Peer median | $183,243 |
| Essential Utilities: admin expenses ÷ assets | 0.15% | |
| Peer median | 0.09% |
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 $558M at the end of plan year 2023 to $623M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,094 | $623M | $25.5M | $6,398 | 0.15% | Not published | Form 5500 ↗ |
| 2023 | 4,138 | $558M | $23.2M | $5,668 | 0.10% | Not published | Form 5500 ↗ |
Other Essential Utilities plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Essential Utilities, Inc. Pension Plan
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 | Schneider Downs & Co., Inc. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Essential Utilities match 401(k) contributions?
The match terms for the Essential Utilities, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $25.5M in employer contributions, about $6,398 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Essential Utilities 401(k) match vested?
The vesting schedule for the Essential Utilities, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Essential Utilities 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Essential Utilities, Inc..
I left Essential Utilities. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Essential Utilities, Inc., (610) 645-4221) or the recordkeeper, Fidelity Investments Institutional. The Essential Utilities old 401(k) page lists the contacts from every plan filing. Find an old Essential Utilities 401(k)
Data from the public Form 5500 annual reports Essential Utilities 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 Essential Utilities. Not financial advice. Report a correction · Methodology