Tucson Electric Power 401(k) match, vesting and fees
What Tucson Electric Power'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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Bdo USA, P.C. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 87 defined-contribution plans in utilities with 1,000 to 4,999 participants.
| Tucson Electric Power: employer contribution per participant | $3,972 | |
| Peer median | $5,188 |
| Tucson Electric Power: average balance | $216,169 | |
| Peer median | $183,243 |
| Tucson Electric Power: admin expenses ÷ assets | 0.06% | |
| 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 $443M at the end of plan year 2023 to $519M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,470 | $519M | $9.5M | $3,972 | 0.06% | Not published | Form 5500 ↗ |
| 2023 | 2,435 | $443M | $8.7M | $3,685 | 0.07% | Not published | Form 5500 ↗ |
Other Tucson Electric Power plans (3)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Tucson Electric Power Company Pension Trust Plan for Employees Represented by I.B.E.W Local 1116
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 | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Tucson Electric Power Company Salaried Employees Retirement 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 | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Pension Plan for Employees of Unisource Energy Services
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 | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Tucson Electric Power match 401(k) contributions?
The match terms for the Tucson Electric Power Company 401k have not been published from its filing yet. The plan year 2024 filing reports $9.5M in employer contributions, about $3,972 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Tucson Electric Power 401(k) match vested?
The vesting schedule for the Tucson Electric Power Company 401k is not in the data published so far. Your Summary Plan Description states it.
Who manages the Tucson Electric Power 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Tucson Electric Power Company.
I left Tucson Electric Power. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Tucson Electric Power Company, (520) 571-4000) or the recordkeeper, Fidelity Investments Institutional. The Tucson Electric Power old 401(k) page lists the contacts from every plan filing. Find an old Tucson Electric Power 401(k)
Data from the public Form 5500 annual reports Tucson Electric Power 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 Tucson Electric Power. Not financial advice. Report a correction · Methodology