Overview

Plan Rating

BrightScope Rating
83
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (43)
Average in Peer Group (82)
Highest in Peer Group (91)

Plan Description

Idaho Power Company Employee Savings Plan is a defined contribution plan with a stock bonus component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 83. This plan is in the top 15% of plans for Account Balances, Participation Rate, Salary Deferral, and Total Plan Cost. Idaho Power Company Employee Savings Plan currently has over 2,600 active participants and over $543.9M in plan assets.

Did you know?

For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (83) and the top rated plan (91) could equate to:
7
Additional years of work
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address P.o. Box 70, 1221 W Idaho St
  • Location
    Boise , ID
  • 83707-0070
  • Industry
    Utilities
  • Administrator
    Sarah E. Griffin
  • Net Plan Assets
    $544,000,000
  • Total Participants
    2,600
  • Avg Account Balance
    $210,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Great
Salary Deferrals:
Great
Account Balance:
Great

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Great
Salary Deferrals:
Above Average
Account Balance:
Great

Peer Group Plans

Company Rating
STP Nuclear Operating Company 86.2
Calpine 85.8
Avista 83.7
Evergy 83.4
Allete 83.4
Westar Energy 83.2

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

39

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds (Capital Group) Target Date Retirement 21%
2%
IDACORP, Inc. Common Stock 15%
N/A
Vanguard Institutional Index 9%
10%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Corporate Trustee
T. Rowe Price
Recordkeeper
T. Rowe Price
Auditor
Eide Bailly Advisors, LLC

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
Have a question about retirement plans?
Our community of registered financial advisors are standing by to share their experience.
Ask a question