401(k) · DOL Form 5500 · 2023
Salt River Valley Water Users Association 401(k) Plan
Data updated 2026-08-11
- $1.2B
- Total assets
- 5,473
- Participants
- 99th
- Percentile by assets
- $215,004
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $1.2B
- total plan assets (2023 EOY)
- 5,473
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $215,004
- avg assets per participant
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.
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 5,473 participants - 9.7x that state average ($1.2B EOY assets).
Arizona filing particulars
| Total Assets (Beginning of Year) | $1.0B |
|---|---|
| Net Assets (End of Year) | $1.2B |
| Net Income | $174M |
| Employer EIN | 860053220 |
| Plan Effective Date | 1973-07-02 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Salt River Valley Water Users Association)
| 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
- Bechtel Trust & Thrift Plan $5.7B · 7,448
- Banner Health Employees 401(k) Plan $4.3B · 52,452
- Republic Services, Inc. 401(k) Plan $2.4B · 28,131
- Freeport-Mcmoran Inc. Employee Capital Accumulation Program $2.3B · 13,105
- Stantec 401(k) Plan $2.0B · 10,719
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' Retirement Plan (Defined Benefit (Pension), $2.9B, 4,989 participants)
- Salt River Project Employees' 401(k) Plan (401(k), $1.3B, 5,712 participants)
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.
- Molina Salary Savings Plan (CA) $1.2B · 14,378
- Berry Global Employees 401(k) Retirement Plan (IN) $1.2B · 17,548
- Erie Insurance Group Employee Savings Plan (PA) $1.2B · 5,972
- Akamai Technologies, Inc. 401(k) Plan (MA) $1.2B · 3,788
Frequently Asked Questions
How did Salt River Project Employees' 401(k) Plan assets move in 2023? ▼
How have Salt River Valley Water Users Association plan assets changed over time? ▼
Where does Salt River Project Employees' 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Salt River Project Employees' 401(k) Plan? ▼
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