Original filing (PDF)20251013163857NAL0000828339001

CLEANWATER1, INC.

Name: CLEANWATER1, INC. — CLEANWATER1 401(K) SAVINGS PLAN, Form 5500 (2024)
Creator: CLEANWATER1, INC.

Form 5500

FILING_RECEIVED

CLEANWATER1 401(K) SAVINGS PLAN

401(k) retirement plan

Active participants

190

Accounts w/ balance

153

Plan assets (EOY)

$12.2M

Net assets (EOY)

$12.2M

How this plan invests

This plan

29 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

100

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

100

Total plan cost

100

Vendor stack

100

Participation health

100

Helping the score

Below-peer total fees (8 bps vs 29 bps peer median).

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CLEANWATER1, INC..

Plan sponsor

Name

CLEANWATER1, INC.

EIN

81-0906606

Address

550 SYCAMORE DRIVE · MILPITAS, CA · 95035

Phone

(858) 218-3745

Industry

Utilitiessee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-13

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

3H · Sponsor in controlled / affiliated group

Audit & trust (Schedule H)

Auditor

GOFF BACKA ALFERA & COMPANY LLC

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

4 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
NATIONWIDE	—	COLUMBUS, OH	RECORDKEEPER	$2K	—

TPA / Administrator

Name	EIN	Location	Relation	Direct comp	Indirect comp
M2B RETIREMENT CONSULTING, LLC	81-3989034	WEXFORD, PA	TPA	$1K	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
MESIROW FINANCIAL INVESTMENT MANAGE	—	CHICAGO, IL	INVESTMENT PROVIDER	$7K	—
ANCHOR 3(16) FIDUCIARY SOLUTIONS LL	32-0512992	WEXFORD, PA	FIDUCIARY	$800	—

Investments

29 direct securities· $12.2M(100% of reported assets)

Investment	Type	Shares / units	Cost	Current value	% of plan
Vanguard Target Retirement 2025	—	—	—	$2.1M	17.1%
Vanguard Target Retirement 2035	—	—	—	$1.4M	11.2%
Vanguard Target Retirement 2030	—	—	—	$1.3M	10.7%
Vanguard Dividend Growth Fund	—	—	—	$758K	6.2%
Vanguard Target Retirement 2040	—	—	—	$719K	5.9%
Vanguard Target Retirement 2055	—	—	—	$584K	4.8%
Principal MidCap Institutional Fund	—	—	—	$580K	4.7%
SSGA S&P 500 Index	—	—	—	$580K	4.7%
Vanguard Target Retirement 2045	—	—	—	$571K	4.7%
Vanguard Small Cap Index Fund	—	—	—	$429K	3.5%
Vanguard Target Retirement 2050	—	—	—	$362K	3.0%
Nationwide Fixed Select Option	—	—	—	$352K	2.9%
AB Large Cap Growth Fund	—	—	—	$344K	2.8%
Vanguard International Growth Investment	—	—	—	$317K	2.6%
Fidelity Mid Cap Index Fund	—	—	—	$296K	2.4%
Pimco Real Return Institution	—	—	—	$290K	2.4%
Vanguard Target Retirement 2060	—	—	—	$253K	2.1%
Participant Notes Receivable	—	—	—	$245K	2.0%
MFS Mid Cap Value Fund Class R6	—	—	—	$243K	2.0%
Federated Total Return Bond Fund	—	—	—	$195K	1.6%
Vanguard Wellington Fund	—	—	—	$131K	1.1%
Vanguard Small Cap Growth Index Fund	—	—	—	$53K	0.4%
Columbia Dividend Income Fund Institutional 2	—	—	—	$48K	0.4%
Vanguard Target Retirement 2065	—	—	—	$37K	0.3%
DWS Enhanced Commodity Strategy Inst	—	—	—	$35K	0.3%
Federated Government Obligations Fund	—	—	—	$9K	<0.1%
Allspring Special Small Cap Value Fund	—	—	—	$8K	<0.1%
Federated MDT Small Cap Growth Fund Ins	—	—	—	$6K	<0.1%
Vanguard Target Retirement 2020	—	—	—	$4K	<0.1%