San Jose Water 401(k) match, vesting and fees
What San Jose Water'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 | Vanguard Group Inc. | Schedule C ↗ |
| Independent auditor | Baker Tilly US, 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 46 defined-contribution plans in utilities with 500 to 999 participants.
| San Jose Water: employer contribution per participant | $4,088 | |
| Peer median | $4,869 |
| San Jose Water: average balance | $250,525 | |
| Peer median | $141,910 |
| San Jose Water: admin expenses ÷ assets | 0.04% | |
| Peer median | 0.11% |
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 $126M at the end of plan year 2021 to $135M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 541 | $135M | $2.2M | $4,088 | 0.04% | Not published | Form 5500 ↗ |
| 2023 | 520 | $123M | $2.1M | $3,984 | 0.06% | Not published | Form 5500 ↗ |
| 2022 | 500 | $110M | $1.9M | $3,887 | 0.02% | Not published | Form 5500 ↗ |
| 2021 | 478 | $126M | $1.8M | $3,901 | 0.02% | Not published | Form 5500 ↗ |
Other San Jose Water plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Retirement Plan of San Jose Water 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.
| Independent auditor | Baker Tilly US, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does San Jose Water match 401(k) contributions?
The match terms for the San Jose Water Company Salary Deferral Plan have not been published from its filing yet. The plan year 2024 filing reports $2.2M in employer contributions, about $4,088 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the San Jose Water 401(k) match vested?
The vesting schedule for the San Jose Water Company Salary Deferral Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the San Jose Water 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Vanguard Group Inc.. The plan administrator is San Jose Water Company.
I left San Jose Water. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (San Jose Water Company, (408) 279-7854) or the recordkeeper, Vanguard Group Inc.. The San Jose Water old 401(k) page lists the contacts from every plan filing. Find an old San Jose Water 401(k)
Data from the public Form 5500 annual reports San Jose Water 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 San Jose Water. Not financial advice. Report a correction · Methodology