2023 Form 5500 filing — El Paso Electric Company Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240816171033NAL0025108976001) for El Paso Electric Company Savings Plan, reported by El Paso Electric Company under EIN 74-0607870 and plan number 003. It reports 1,347 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240816171033NAL0025108976001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- El Paso Electric Company
- EIN
- 74-0607870
- Plan number
- 003
- Location
- El Paso, TX
- Participants
- 1,347
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $220,557,983
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $220,557,983
- Employer contributions
- $6,136,424
- Participant contributions
- $12,333,760
- Total income / additions
- $48,992,081
- Benefits paid
- $13,155,773
- Administrative expenses
- $51,670
- Total expenses
- $13,207,443
- Net increase / (decrease)
- $35,784,638
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $51,670 | $0 |
| Morningstar Investment Mgmt LLC | INVESTMENT ADVISORY | $0 | $0 |