401(k) · DOL Form 5500 · 2023

Salt River Valley Water Users Association 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
5,473
Participants Above avg headcount
99th
Percentile by assets National rank
$215,004
Avg per participant Above avg balance/head
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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

$1.2B in assets, 5,473 participants

Salt River Valley Water Users Association's Salt River Project Employees' 401(k) Plan reported $1.2B in total assets and 5,473 participants in its 2023 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.

  • #652 in Utilities (721 peers)

Coverage in Arizona

Salt River Project Employees' 401(k) Plan covers 5,473 participants in Arizona, 9.7x the typical Arizona plan (state average ~564 per filing). Assets: $1.2B.

#652
in Utilities (721 peers)
+17.4%
assets growth YoY
12×
vs typical plan assets (national mean)

Salt River Project Employees' 401(k) Plan's outsized position by total assets

Salt River Project Employees' 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,176,718,636 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Salt River Project Employees' 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Salt River Project Employees' 401(k) Plan lands in the large band (5,473 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Salt River Project Employees' 401(k) Plan reported net income rose from -$204M in the plan year 2022 filing to $174M in the plan year 2023 filing.
  • Salt River Project Employees' 401(k) Plan end-of-year assets rose from $1.0B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
  • Salt River Project Employees' 401(k) Plan reported participants rose from 5,320 in the plan year 2022 filing to 5,473 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 860053220 · Salt River Valley Water Users Association PY 2023 · 401(k)

Salt River Project Employees' 401(k) Plan · $1.2B · 5,473 · 99th

  • BOY $1.2B
  • SCH 5,473
  • EBSA 99th
  • PART 401(k)
  • TYPE near Molina Salary Savings Plan
  • NET ind #652

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Arizona →

Salt River Project Employees' 401(k) Plan in the asset neighbourhood

Salt River Project Employees' 401(k) PlanSalt River Project Employees…$1.2BErie Insurance Group Employee Savings PlanErie Insurance Group Employe…$1.2BAkamai Technologies, Inc. 401(k) PlanAkamai Technologies, Inc. 40…$1.2BMolina Salary Savings Plan$1.2BBerry Global Employees 401(k) Retirement PlanBerry Global Employees 401(k…$1.2B
End-of-year total assets ($B) among Salt River Project Employees' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Arizona filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.2B
Net Income$174M
Employer EIN860053220
Plan Effective Date1973-07-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Salt River Valley Water Users Association)

Sponsor-wide plan assets over time

All Salt River Valley Water Users Association plans reported in each filing year

Latest sponsor-wide plan assets
$4.2B 19.963226607233736% vs 2022
2024 filing year
$3B$3.5B$4B$4.5B 202220232024 $3.53B $4.23B ▲ +19.8%
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 Scatter plot of 6 data points. 0200004000060000 0123456 Total assets ($B) Participants Salt River Project Employees' 401(k) Plan, Total assets ($B): 1.176718636 · Participants: 5473Salt River Project Employees' 401(k) PlanBechtel Trust & Thrift Plan, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employees 401(k) PlanRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, Inc. 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramStantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
Salt River Project Employees' 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Salt River Project Employees' 401(k) Plan side-by-side with 3 peers →

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

Salt River Project Employees' 401(k) Plan reports $1.2B in end-of-year assets across 5,473 participants (0.010% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $215,004 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2023 was $174M.

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 Open filing
2023 5,473 $1.2B This page
2024 · index core 5,712 $1.3B Open filing

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

Salt River Project Employees' 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Molina Salary Savings Plan in CA ($1.2B); by covered participants it is Union Pacific Corporation Thrift Plan in NE (5,470 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (5,473 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Salt River Project Employees' 401(k) Plan assets move in 2023? ▼
Salt River Project Employees' 401(k) Plan grew sharply - up 17.4% during 2023, from $1.0B to $1.2B. Reported net income was $174M.
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 127,072 plans that reported assets for plan year 2023 (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 Molina Salary Savings Plan in CA ($1.2B, 14,378 participants).
Which 401(k) plans cover a similar participant headcount to Salt River Project Employees' 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Union Pacific Corporation Thrift Plan in NE (5,470 participants, $2.3B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 860053220.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.