401k Record

Employers › Golden State Water

Golden State Water 401(k)

Administrative expenses excluding investment management, per participant · Golden State Water Company Investment Incentive Program · plan year 2023

$168.35

Higher than 83% of the 7,895 plans $50 to 250M that report it.

Source

= $208,924 / 1,241
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250716114358NAL0001915315001, received 2025-07-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250716114358NAL0001915315001, received 2025-07-16

10th: $13.75median $85.0490th: $218.08

Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-12-31 to 2024-12-30, filing received 2025-07-16.

Cost and contributions

Recordkeeping fees per participant

not reported

Not reported on this filing.

Administrative expenses per participant

$318.13

10th: $24.55median $117.4690th: $313.64

Higher than 90% of the 8,189 plans $50 to 250M that report it.

Source

= $394,795 / 1,241
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250716114358NAL0001915315001, received 2025-07-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250716114358NAL0001915315001, received 2025-07-16

Administrative expenses as a share of assets

0.188%

10th: 0.021%median 0.131%90th: 0.317%

Higher than 68% of the 8,206 plans $50 to 250M that report it.

Source

= $394,795 / $209,677,429
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250716114358NAL0001915315001, received 2025-07-16
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250716114358NAL0001915315001, received 2025-07-16

Employer contributions per participant

$4,612

10th: $929median $2,69190th: $7,878

Higher than 75% of the 8,268 plans $50 to 250M that report it.

Source

= $5,723,587 / 1,241
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250716114358NAL0001915315001, received 2025-07-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250716114358NAL0001915315001, received 2025-07-16

Employer share of total contributions

40.7%

10th: 16.1%median 29.9%90th: 51.4%

Higher than 77% of the 8,285 plans $50 to 250M that report it.

Source

= $5,723,587 / $14,068,717
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250716114358NAL0001915315001, received 2025-07-16
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250716114358NAL0001915315001, received 2025-07-16

Plan terms, as stated in Golden State Water CO's SEC filings

Employer match

“In addition, eligible employees are provided with matching employer contributions to their accounts of 100 percent of the first 3% and 50 percent of the next 3% contributed by a participant.”

Form 11-K filed 2026-06-26, for the year ended 2025-12-30 · plan description note, contributions · source document

Vesting

“Plan participants are always fully vested in their contributions and the employer matching contributions made to their account, plus actual earnings thereon.”

Form 11-K filed 2026-06-26, for the year ended 2025-12-30 · plan description note, vesting · source document

Automatic enrollment

“The Plan provides for automatic enrollment.”

Form 11-K filed 2026-06-26, for the year ended 2025-12-30 · plan description note, eligibility · source document

Terms quoted from the filing for the year ended 2025-12-30. Figures cover plan year 2023. The plan document governs.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250716114358NAL0001915315001, received 2025-07-16

Full record, Golden State Water Company Investment Incentive Program

FieldValueSource
Plan sponsorGOLDEN STATE WATER COMPANYForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250716114358NAL0001915315001, received 2025-07-16
Plan nameGOLDEN STATE WATER COMPANY INVESTMENT INCENTIVE PROGRAMForm 5500, line 1a; PLAN_NAME pos 16; filing 20250716114358NAL0001915315001, received 2025-07-16
Sponsor EIN / plan number95-1243678 / 005Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250716114358NAL0001915315001, received 2025-07-16
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250716114358NAL0001915315001, received 2025-07-16
Sponsor locationSAN DIMAS, CAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250716114358NAL0001915315001, received 2025-07-16
Industry (business code)221300, UtilitiesForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250716114358NAL0001915315001, received 2025-07-16
Plan year2023-12-31 to 2024-12-30Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250716114358NAL0001915315001, received 2025-07-16
Filing received2025-07-16Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250716114358NAL0001915315001, received 2025-07-16
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250716114358NAL0001915315001, received 2025-07-16
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250716114358NAL0001915315001, received 2025-07-16
Participants, beginning of year1,198Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250716114358NAL0001915315001, received 2025-07-16
Active participants834Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250716114358NAL0001915315001, received 2025-07-16
Participants, end of year1,246Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250716114358NAL0001915315001, received 2025-07-16
Participants with an account balance1,241Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250716114358NAL0001915315001, received 2025-07-16
Total assets, beginning of year$191,554,962Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250716114358NAL0001915315001, received 2025-07-16
Total assets, end of year$209,677,429Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250716114358NAL0001915315001, received 2025-07-16
Net assets, end of year$209,677,429Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250716114358NAL0001915315001, received 2025-07-16
Total income$38,165,763Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250716114358NAL0001915315001, received 2025-07-16
Net income$18,122,467Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250716114358NAL0001915315001, received 2025-07-16
Employer contributions$5,723,587Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250716114358NAL0001915315001, received 2025-07-16
Participant contributions$7,119,011Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250716114358NAL0001915315001, received 2025-07-16
Other contributions (incl. rollovers)$1,226,119Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250716114358NAL0001915315001, received 2025-07-16
Total contributions$14,068,717Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250716114358NAL0001915315001, received 2025-07-16
Benefit payments$19,671,301Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250716114358NAL0001915315001, received 2025-07-16
Total expenses (incl. benefit payments)$20,043,296Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250716114358NAL0001915315001, received 2025-07-16
Total administrative expenses$394,795Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250716114358NAL0001915315001, received 2025-07-16
Contract administrator fees$153,820Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250716114358NAL0001915315001, received 2025-07-16
IQPA audit fees$55,104Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250716114358NAL0001915315001, received 2025-07-16
Investment advisory and management fees$185,871Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250716114358NAL0001915315001, received 2025-07-16
Administrative expenses excluding investment management$208,924derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250716114358NAL0001915315001, received 2025-07-16
Held in common/collective trusts$174,912,791Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250716114358NAL0001915315001, received 2025-07-16
Held in mutual funds$2,952,262Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250716114358NAL0001915315001, received 2025-07-16
Independent auditorBDO USA, P.C.Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250716114358NAL0001915315001, received 2025-07-16

Position = column in the DOL layout for form year 2023. Filing 20250716114358NAL0001915315001, received 2025-07-16.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
JOHN HANCOCKrecordkeeperRETAINED BY EMPLOYER 15 Recordkeeping and information management; 37 Participant loan processing; 62 Float revenue; 64 Recordkeeping fees $174,752yes
MERCER INVESTMENT MANAGEMENTRETAINED BY EMPLOYER 27 Investment advisory (plan) $164,182no
BDO USA, LLPRETAINED BY EMPLOYER 10 Accounting (including auditing) $55,104no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250716114358NAL0001915315001, received 2025-07-16.

No filing for the previous plan year is in the data, so there is no year-over-year comparison.

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Sponsor name as filed: GOLDEN STATE WATER COMPANY; SEC registrant: Golden State Water CO (CIK 92116, matched by EIN).