□ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Table of Contents
		Page
Report of Independent Registered Public Accounting Firm		3
Financial Statements
Statements of Net Assets Available for Benefits – December 31, 2020 and December 31, 2019		4
Statement of Changes in Net Assets Available for Benefits for the Year Ended December 31, 2020		5
Notes to the Financial Statements		6 - 13
Supplemental Information
Schedule H, Line 4a – Schedule of Delinquent Participant Contributions		15
Schedule H, Line 4i - Schedule of Assets (Held at End of Year)		16
Signatures		17
Exhibit Index		18
Consent of BDO USA, LLP

		December 31, 2020				December 31, 2019
ASSETS
Cash and cash equivalents		$	44,043			$	3,258
Investments, at fair value
Artesian Resources Corp. Class A non-voting common stock			6,275,825				6,160,851
Common collective trusts			4,008,334				2,334,851
Mutual funds			62,161,769				53,901,135
Total investments, at fair value			72,445,928				62,396,837
Participants' notes receivable			330,604				296,724
Contributions receivable
Employer			143,015				166,214
Participants			----				32,158
Total contributions receivable			143,015				198,372
Total assets			72,963,590				62,895,191
NET ASSETS AVAILABLE FOR BENEFITS		$	72,963,590			$	62,895,191
See accompanying notes to financial statements.

ADDITIONS TO NET ASSETS ATTRIBUTED TO:
Net investment income
Artesian Resources Corp. Class A non-voting common stock dividends		$	163,131
Dividend income from other investments			2,065,759
Net appreciation in fair value of investments			7,888,072
Total net investment income			10,116,962
Interest income from participants' notes receivable			17,852
Contributions
Employer contributions			1,163,972
Participant contributions			1,903,674
Rollovers			20,253
Total contributions			3,087,899
Total additions			13,222,713
DEDUCTIONS FROM NET ASSETS ATTRIBUTED TO:
Participant distributions			3,154,314
Total deductions			3,154,314
NET INCREASE			10,068,399
NET ASSETS AVAILABLE FOR BENEFITS - BEGINNING OF YEAR			62,895,191
NET ASSETS AVAILABLE FOR BENEFITS - END OF YEAR		$	72,963,590
See accompanying notes to financial statements.

1.		General
		Effective July 1, 1984, Artesian Resources Corporation (the "Company" or "Plan Sponsor" or "Employer") established the Artesian Resources Corporation Retirement Plan (the "Plan") as a defined contribution retirement plan for its employees, subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).  Pursuant to Internal Revenue Code (“IRC”) Section 401(k), the Plan permits employees to exclude contributions to the Plan from their current taxable income, subject to certain limits. The Plan is administered by an Administrative Committee, which consists of six members appointed by the Company's Board of Directors. PNC Bank, National Association is a co-fiduciary of the Plan within the meaning of 3(21) of ERISA. Plan administration expenses may be paid out of the Plan unless paid by the Company. The following description of the Plan provides only general information. Participants should refer to the Plan agreement for a more complete description of the Plan's provisions.
2.		Participation and Vesting
		All employees age 18 and over are eligible for Plan participation immediately after hire. Employees may elect to make tax-deductible contributions up to the IRC limitation, including "catch-up" contributions for participants age 50 and older. Participants are also able to designate part or all of their contributions as Roth 401(k) contributions, which are made on an after-tax basis. For every dollar an employee contributes up to 6% of compensation, the Company will provide a 50% matching contribution. In each Plan year, the Company may make discretionary quarterly and annual contributions to the Plan for all employees eligible to participate in the Plan. The Company made discretionary quarterly contributions to the Plan equal to 2% of quarterly compensation for each of the four quarters of 2020.
		The Company also sponsored another defined contribution plan for its employees, the Supplemental Plan, which was merged into the Plan on March 31, 2000. The contribution and vesting guidelines for the participants of the Supplemental Plan continued and consist of the following:
		•Only employees as of April 26, 1994 are eligible for participation.
		•A 6% service contribution is made by the Company to the Plan for all eligible participants each quarter based upon each participant’s quarterly compensation.
		•Service contributions and the associated earnings originally vested over a graded period of service, but are now fully vested for all active participants.
		The total matching, discretionary and service contributions in 2020 were approximately $569,000, $396,000 and $199,000, respectively.
		The Company's Board of Directors, at its sole discretion, may make a Special Discretionary Stock Contribution to the Plan. A Special Discretionary Stock Contribution was not made for 2020.
		The trust maintains separate accounts for each participant in the Plan. These accounts are credited with the participants' contributions and Plan earnings and may be charged with certain administrative expenses. Participant contributions, and the related earnings, are fully vested.  Company contributions, and the related earnings, vest as follows:

Years of Service		Vested Percentage
Less than 2		0	%
2 but less than 3		20	%
3 but less than 4		40	%
4 but less than 5		60	%
5 but less than 6		80	%
6 years or more		100	%

Any forfeitures of non-vested contributions may be offset against Company contributions or Plan administration expenses.  As of December 31, 2020 and 2019, forfeited non-vested accounts were nominal.  In 2020, approximately $14,000 was applied to reduce the Plan sponsor’s contribution obligations.

3.		Investment Elections
		All future discretionary Company contributions, as well as all prior discretionary contributions and the corresponding earnings, are participant directed.
		Participants may allocate basic contributions among the various investment options, including the Company's Class A non-voting common stock.
		The Plan has an automatic enrollment feature for newly hired and/or rehired employees to help employees save for retirement by reducing their compensation automatically with an initial pre-tax contribution of eligible compensation, as defined in the Plan document. The initial pre-tax contribution rate of the automatic enrollment feature is 6%. This amount is deemed as the Participant's Employee Savings Contribution election if the Participant does not elect to defer a greater or lesser percentage of compensation, or elects to receive cash in lieu of making any Employee Savings Contribution, within 90 days after employment.  Any automatic deferral contributions made and any corresponding matching contributions are placed in a default investment fund as selected by the Administrative Committee, and Participants may modify the investment allocation of these contributions in the same manner as any other Plan contributions. Employees may elect to opt out from participating in the Plan, or they may elect to defer more or less than the 6% default contribution as well as choose their own investment elections offered in multiples of 1% with a minimum investment of 1% in any selected investment.

3.		Investment Elections (continued)
		The Plan permits an automatic escalation provision on an annual basis, such as each July 1 or January 1, within the discretion of the Administrative Committee, in order to increase employee savings and other employee contributions. This provision of the Plan would only become effective should the Administrative Committee decide to implement the automatic escalation feature and after notification of the automatic escalation is given to Participants. However, if implemented, to the extent the participant has opted out of the automatic escalation feature, or has otherwise elected a 0% Employee Savings Contribution, Employee After-Tax Roth 401(k) Contribution or has otherwise elected a 0% Employee Savings Contribution, such Participant would not be subject to automatic increases in the future. Such Participants would only be subject to automatic escalation in the event that they affirmatively elect to increase their contributions during any Plan Year, and do not reconfirm their decision to "opt out" of the automatic escalation feature.  As of December 31, 2020, the Administrative Committee has not implemented the automatic escalation feature.
4.		Participants' Notes Receivable
		Participants may borrow from the Plan under the following guidelines:
		·A participant may borrow as much as 50% of his or her vested account balance, subject to certain minimum and maximum limitations as defined in the Plan.
		·Loans are repaid over a period not to exceed five years, unless the loan is to buy, build, or substantially rehabilitate the borrower's principal residence.
		·The participant's account balance is secured as collateral when the loan is executed.  If a participant defaults on a loan, the loan is treated as a distribution from the Plan to the participant.
		·Interest rates on loans are prime plus 1% at the date of the loan.  Interest rates on outstanding balances ranged from 4.25% to 9.25% as of December 31, 2020.
		·As loans are repaid to the Plan, the total payment, principal plus interest, is credited back to the participant's account.
5.		Benefits
		Participants are entitled to a benefit payment equal to the vested amount credited to their accounts upon retirement, upon permanent disability, at age 59 ½, in the case of certain financial hardships outlined in the Plan document, or upon termination of employment or death.  In the event of death of a participant, a death benefit payment is made to the participant's beneficiary. The only form of distribution under the Plan is a single lump sum distribution in cash or stock.
		The Plan allows participants who take hardship distributions to continue to make employee pre-tax salary deferral and employee after-tax Roth contributions to the Plan.
		On March 27, 2020, the United States Government enacted the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) which permits eligible Plan participants that meet certain requirements to request penalty-free distributions of up to $100,000 from their retirement plan in 2020 for qualifying coronavirus-related reasons. These reasons include adverse financial consequences due to being quarantined, furloughed, laid off, having work hours reduced or being unable to work due to a lack of childcare resulting from the coronavirus (“COVID-19”). The Administrative Committee approved updates to the Plan to allow for both coronavirus-related distributions and loans.  A notice of the updates was distributed to all participants in the Plan.  In 2020 the Administrative Committee approved the amendment of the Plan to address the CARES Act, before the due date for such amendments, effective as of December 31, 2022.

6.		Plan Termination
		Although it has not expressed the intent to do so, the Company may amend or terminate the Plan. In the event of Plan termination, the accounts of all participants affected shall become fully vested and non-forfeitable. Assets remaining in the Plan may be immediately distributed to the participants, inactive participants, and beneficiaries in proportion to their respective account balances; or the trust may be continued with distributions made at such time and in such manner as though the Plan had not been terminated.
7.		Administrative Expenses
		Administrative expenses are billed as a per participant fee and paid directly by the Employer.  Management fees and operating expenses charged to the Plan for investments in the mutual funds are deducted from income earned on a daily basis and are not separately reflected. Consequently, management fees and operating expenses are reflected as a reduction of investment return for such investments.

1.		Basis of Accounting
		The Plan's financial statements are presented using the accrual method of accounting in conformity with generally accepted accounting principles.
2.		Use of Estimates
		The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements and changes therein.  Actual results could differ from those estimates.
3.		Investment Valuation and Income Recognition
		Plan assets held in mutual funds (shares of registered investment companies) and the Company's Class A non-voting common stock are unsecured and are traded on national securities exchanges.  Mutual funds and common stock are valued at quoted market prices at December 31, 2020 and 2019.

3.		Investment Valuation and Income Recognition (continued)
		Plan assets held in a common collective trust are unsecured and are valued at net asset value (“NAV”).  The common collective trusts represent investments in the PNC Stable Value Fund Z and T. Rowe Price Stable Value Fund.  NAV is determined by PNC and T. Rowe Price, respectively, based on the fair value of the underlying securities held by the common collective trust.  Investments that calculate NAV per share (or its equivalent), but for which the practical expedient is not applied, are included in the fair value hierarchy along with the related required disclosures.
		In accordance with the policy of stating investments at fair value, net unrealized appreciation (depreciation) for the year is included in the statement of changes in net assets available for benefits and includes the Plan's gains and losses on investments bought and sold as well as held during the year.
		Purchases and sales of securities are recorded on a trade-date basis.  Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date
4.		Participants' Notes Receivable
		Participant loans are classified as participants' notes receivable, and are measured at the unpaid principal balance plus unpaid accrued interest. The Plan classifies loans in default for various events, including failure to pay timely installments. Defaulted loans are deemed distributed and recorded as benefits paid to participants in the statement of changes in net assets available for benefits. In 2020, no amounts were recorded as deemed distributions. No allowance for credit losses has been recorded as of December 31, 2020 and 2019.  In response to the CARES Act, the Plan temporarily allowed for the suspension of loan repayments.  This temporary provision expired December 31, 2020.
5.		Benefit Payments and Participant Distributions
		Benefit payments to participants are recorded upon distribution.
6.		Income Taxes
		The Internal Revenue Service has determined and informed the Company by letter dated August 26, 2016 that the Plan is qualified and the trust established under the Plan is tax exempt under the appropriate sections of the Internal Revenue Code.  Although the Plan has been amended since receiving the determination letter, the Plan administrator and the Plan's tax counsel believe that the Plan is designed and currently being operated in compliance with the applicable requirements of the Internal Revenue Code. Therefore, the Plan administrator and the Plan’s tax counsel believe the Plan continues to be qualified and no provision for income taxes has been included in the financial statements.
		The Plan Sponsor has analyzed the tax positions taken by the Plan and has concluded that, as of December 31, 2020, no uncertain tax positions are taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, currently no audits are in progress for any tax periods.
7.		Cash and Cash Equivalents
		Cash and cash equivalents include cash and short-term interest-bearing investments with initial maturities of three months or less.

		Investments at Fair Value as of December 31, 2020
		Level 1				Level 2				Level 3				Total
Mutual Funds		$	62,161,769			$	---			$	---			$	62,161,769
Artesian Resources Corporation Class A non-voting common stock			6,275,825				---				---				6,275,825
Total investments in the fair value hierarchy			68,437,594				---				---				68,437,594
Common collective trust*			---				---				---				4,008,334
Total investments, at fair value		$	68,437,594			$	---			$	---			$	72,445,928

		Investments at Fair Value as of December 31, 2019
		Level 1				Level 2				Level 3				Total
Mutual Funds		$	53,901,135			$	---			$	---			$	53,901,135
Artesian Resources Corporation Class A non-voting common stock			6,160,851				---				---				6,160,851
Total investments in the fair value hierarchy			60,061,986				---				---				60,061,986
Common collective trust*			---				---				---				2,334,851
Total investments, at fair value		$	60,061,986			$	---			$	---			$	62,396,837

Amounts allocated to withdrawing participants are reported on the Schedule H of Form 5500 for benefit claims that have been processed and approved for payment prior to December 31, but not yet paid as of that date.
At December 31, 2020 and 2019, there were no net assets available for plan benefits for distributions to participants who have requested a distribution from the Plan prior to the end of the Plan year.

Artesian Resources Corporation and its employees are parties-in-interest to the Plan. On December 31, 2020 and   December 31, 2019, the Plan's assets included $6,275,825 and $6,160,851, respectively, of Artesian Resources Corporation Class A non-voting stock and $330,604 and $296,724, respectively, of participant notes receivable.  Additionally, as of December 31, 2019, certain plan investments totaling $2,334,851 represent investments managed by PNC Advisors or its affiliates.  PNC Advisors is the custodian as defined by the Plan and, therefore, these transactions qualify as party-in-interest transactions.  Transactions in these assets are exempt from the prohibited transaction rules. Delinquent participant contributions represent non-exempt party-in-interest transactions.  As a result of a change in service providers, Plan management identified certain instances of delinquent participant contributions related to the Plan year ended December 31, 2020.  Delinquent participant contributions of $180,421 in the 2020 Plan year and lost earnings thereon were deposited into the Plan during 2020.

(a)			(b)	(c)	(d)		(e)
			Identity of issuer, borrower, lessor, or similar party	Description of investment, including maturity date, rate of interest, collateral, par, or maturity value	Cost**		Current Value
	*		Common Stock -
			Artesian Resources Corporation	Class A Non-Voting Common Stock			$	6,275,825
	*		T Rowe Price Stable Value	Common/Collective Trust				4,008,334
			Mutual Funds -
			Am Europacific Growth R6	Mutual Funds				4,319,953
			American Balanced Fund R6	Mutual Funds				3,913,630
			American Century Sm Cap Val R6	Mutual Funds				36,396
			American Funds 2010 Trgt Date	Mutual Funds				398,043
			American Funds 2020 Trgt Date	Mutual Funds				882,781
			American Funds 2025 Trgt Date	Mutual Funds				2,085,534
			American Funds 2030 Trgt Date	Mutual Funds				995,243
			American Funds 2035 Trgt Date	Mutual Funds				1,874,433
			American Funds 2040 Trgt Date	Mutual Funds				63,408
			American Funds 2045 Trgt Date	Mutual Funds				2,709,464
			American Funds 2050 Trgt Date	Mutual Funds				139,066
			American Funds 2055 Trgt Date	Mutual Funds				1,286,770
			American Funds 2060 Trgt Date	Mutual Funds				43,754
			Carillon Eagle Sm Cap Gwth R6	Mutual Funds				916,001
			JP Morgan Emergin Mkts Eq	Mutual Funds				379,269
			JP Morgan Equity Income R6	Mutual Funds				5,980,173
			JP Morgan Mid Cap Growth	Mutual Funds				2,836,181
			PGIM QMA Mid Cap Value R6	Mutual Funds				2,334,750
			Pioneer Bond Fund K	Mutual Funds				3,648,635
			T Rowe Price Growth Stock 1	Mutual Funds				14,548,178
			Vanguard 500 Index Admiral	Mutual Funds				8,562,491
			Vanguard Mid Cap Index Adm	Mutual Funds				1,182,948
			Vanguard Small Cap Index Adm	Mutual Funds				1,481,440
			Vanguard St Inv Grade Bond Adm	Mutual Funds				1,542,837
			Wells Fargo Spec Mid Cap Val	Mutual Funds				391
			Participants' Notes Receivable -
	*		Various Participants	Interest rates range from 4.25% to 9.25%				330,604
							$	72,776,532
	*		Identifies the party as a "Party in Interest" as defined by ERISA.
		**	Cost information is not required for participant directed investments and is therefore not included.

	ARTESIAN RESOURCES CORPORATION RETIREMENT PLAN
Date: June 28, 2021	By:	/s/ Jennifer L. Finch
		Jennifer L. Finch
		Plan Administrator

Exhibit No.	Description
23.1	Consent of BDO USA, LLP *
*	Filed herewith.