Unitil Service retirement plan: assets, participants and fees
What Unitil Service's retirement plan 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 | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Bdmp Assurance, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 32 pension plans in utilities with 500 to 999 participants.
| Unitil Service: employer contribution per participant | $7,662 | |
| Peer median | $5,234 |
| Unitil Service: average balance | $282,346 | |
| Peer median | $211,199 |
| Unitil Service: admin expenses ÷ assets | 0.47% | |
| Peer median | 0.41% |
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 $176M at the end of plan year 2021 to $179M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 633 | $179M | $4.8M | $7,662 | 0.47% | Not published | Form 5500 ↗ |
| 2023 | 642 | $164M | $4.9M | $7,571 | 0.64% | Not published | Form 5500 ↗ |
| 2022 | 655 | $148M | $4.8M | $7,313 | 0.61% | Not published | Form 5500 ↗ |
| 2021 | 677 | $176M | $4.6M | $6,848 | 0.60% | Not published | Form 5500 ↗ |
Common questions
Does Unitil Service match 401(k) contributions?
The match terms for the Unitil Corporation Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $4.8M in employer contributions, about $7,662 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Unitil Service 401(k) match vested?
The vesting schedule for the Unitil Corporation Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Unitil Service 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Retirement Solutions. The plan administrator is Unitil Service Corp..
I left Unitil Service. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Unitil Service Corp., (603) 772-0775) or the recordkeeper, Transamerica Retirement Solutions. The Unitil Service old 401(k) page lists the contacts from every plan filing. Find an old Unitil Service 401(k)
Data from the public Form 5500 annual reports Unitil Service 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 Unitil Service. Not financial advice. Report a correction · Methodology