Employer · plans filed under one EIN
Salt River Valley Water Users Association
Phoenix, AZ · Utilities
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Salt River Valley Water Users Association, based in Phoenix, Arizona, sponsors 2 retirement plans with 100 or more participants: 1 defined contribution and 1 defined benefit. Together they reported 18,253 participant records and $4.23B in net assets.
The largest is Salt River Project Employees' Retirement Plan, a defined benefit pension plan with 11,406 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $107M and participant contributions $61.9M in the latest plan years; benefits paid were $250M. Schedule C compensation reported to service provider organisations totalled $6.0M.
Combined net assets moved from $1.52B in 2009 to $4.23B in 2024 (up 179%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Salt River Project Employees' Retirement Plan | defined benefit pension plan | 2024 | 11,406 | $2.90B | $254,564 | $14,296 | $5.3M |
| Salt River Project Employees' 401(k) Plan | 401(k) plan | 2024 | 6,847 | $1.33B | $193,641 | $5,188 | $783K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 18,253 | $4.23B | $107M | $61.9M |
| 2023 | 2 | 16,630 | $3.96B | $104M | $56.0M |
| 2022 | 2 | 16,956 | $3.53B | $99.7M | $52.7M |
| 2021 | 2 | 16,605 | $4.28B | $99.3M | $50.9M |
| 2020 | 2 | 16,472 | $3.85B | $98.9M | $47.5M |
| 2019 | 2 | 16,537 | $3.42B | $98.4M | $47.4M |
| 2018 | 2 | 16,574 | $2.89B | $97.5M | $45.1M |
| 2017 | 2 | 16,859 | $3.13B | $81.9M | $43.2M |
| 2016 | 2 | 16,833 | $2.71B | $80.8M | $40.7M |
| 2015 | 2 | 16,470 | $2.56B | $79.1M | $38.3M |
| 2014 | 2 | 15,936 | $2.59B | $77.6M | $35.5M |
| 2013 | 2 | 15,521 | $2.44B | $74.2M | $32.4M |
| 2012 | 2 | 14,963 | $2.11B | $18.1M | $30.2M |
| 2011 | 2 | 15,142 | $1.93B | $178M | $29.1M |
| 2010 | 2 | 15,124 | $1.82B | $171M | $28.1M |
| 2009 | 2 | 15,249 | $1.52B | $102M | $28.8M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Legal and General | Investment management | 1 | $1,356,682 |
| Northern Trust Company | Trustee (bank, trust company, or similar financial institution); Investment management | 1 | $1,198,580 |
| Prudential Insurance Company | Investment management | 1 | $1,059,343 |
| Empower Advisory Group, LLC | Investment management | 1 | $771,342 |
| CAPTRUST | Consulting (pension); Investment advisory (plan) | 1 | $428,060 |
| Vulcan Value Partners | Investment management | 1 | $394,130 |
| Capital International, Inc. | Investment management | 1 | $360,302 |
| Artisan Partners | — | 1 | $308,090 |
| Willis Towers Watson | Actuarial; Consulting (pension) | 1 | $71,600 |
| UBS | Investment management | 1 | $51,360 |
| Morningstar, Inc. | Investment management | 1 | $31,256 |
| Empower Annuity Insurance Company | Recordkeeping and information management; Participant loan processing | 1 | $11,670 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Salt River Valley Water Users Association have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Salt River Project Employees' Retirement Plan and Salt River Project Employees' 401(k) Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Salt River Valley Water Users Association contribute to its plans?
$106,685,631 in employer contributions across these plans in their latest plan years, about $9,396 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Legal and General, Northern Trust Company, Prudential Insurance Company and Empower Advisory Group, LLC and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.