401(k) · DOL Form 5500 · 2022

Salt River Valley Water Users Association 401(k) Plan

Data updated 2026-08-11

$1.0B
Total assets
5,320
Participants
99th
Percentile by assets
$188,406
Avg per participant
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Official DOL plan name: Salt River Project Employees' 401(k) Plan · Sponsored by Salt River Valley Water Users Association · Arizona · Utilities

$1.0B in assets, 5,320 participants

Salt River Valley Water Users Association's Salt River Project Employees' 401(k) Plan reported $1.0B in total assets and 5,320 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 139,126 plans)
  • #660 in Utilities (738 peers)

Coverage in Arizona

Salt River Project Employees' 401(k) Plan covers 5,320 participants in Arizona, 9.4x the typical Arizona plan (state average ~564 per filing). Assets: $1.0B.

$1.0B
total plan assets (2022 EOY)
5,320
covered participants
99th
percentile by assets (of 139,126 plans)
$188,406
avg assets per participant

The plan reported a net loss of $204M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Arizona filers

In Arizona, the average filing covers about 564 participants across 2,304 plans. Salt River Project Employees' 401(k) Plan reports 5,320 participants - 9.4x that state average ($1.0B EOY assets).

Arizona filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.0B
Net Income-$204M
Employer EIN860053220
Plan Effective Date1973-07-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Salt River Valley Water Users Association)

$3B$3.5B$4B$4.5B 202220232024 $3.53B $4.23B ▲ +19.8%
Total plan assets by year, all Salt River Valley Water Users Association plans on file
Year Plans Participants Total Assets
2022 2 10,122 $3.5B
2023 2 10,263 $4.0B
2024 2 10,701 $4.2B

Nearby 401(k) Plans in Arizona

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Salt River Project Employees' 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Salt River Project Employees' 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. 0100002000030000400005000060000 01234 Total assets ($B) Participants Salt River Project E…Banner Health Employ…Freeport-Mcmoran Inc…Republic Services, I…Stantec 401(k) PlanReliance Steel & Alu…
Salt River Project Employees' 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Scale composition for Salt River Project Employees' 401(k) Plan

Salt River Project Employees' 401(k) Plan reports $1.0B in end-of-year assets across 5,320 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $188,406 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2022 was -$204M.

This plan identity (EIN 860053220, plan #334) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.0B to $1.3B (+32.3%) while covered participants moved from 5,320 to 5,712 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,320 $1.0B This page
2023 5,473 $1.2B Open filing
2024 · index core 5,712 $1.3B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Salt River Project Employees' 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Salt River Project Employees' 401(k) Plan assets move in 2022?
Salt River Project Employees' 401(k) Plan declined sharply - down 16.9% during 2022, from $1.2B to $1.0B. Reported net income was -$204M.
How have Salt River Valley Water Users Association plan assets changed over time?
Across 3 plan years on file (2022-2024), Salt River Valley Water Users Association's sponsor-wide assets grew 20.0%, from $3.5B to $4.2B.
Where does Salt River Project Employees' 401(k) Plan rank by assets among Form 5500 filers?
Salt River Project Employees' 401(k) Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Salt River Project Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Vericast Corp. 401(k) Plan in TX ($1.0B, 7,026 participants).

Next read for Salt River Project Employees' 401(k) Pla…

Filing takeaways

Ways to act on Salt River Project Employees' 401(k) Plan's numbers.

  • By total assets, Salt River Project Employees' 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Arizona. Compare plans
  • Salt River Valley Water Users Association's sponsor-wide assets have grown 20.0% since 2022 across 3 plan years on file. More Utilities plans