2023 Form 5500 filing — Valley Telephone Cooperative, Inc. Defined Benefit 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 20241015085508NAL0029068353001) for Valley Telephone Cooperative, Inc. Defined Benefit Plan, reported by Valley Telephone Cooperative, Inc. under EIN 74-1207591 and plan number 002. It reports 180 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$18.2MReported net assets$18,177,554
Participants180
Provider compensation$391.2K1 Schedule C row(s)$391,225
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015085508NAL0029068353001
Plan sponsor
Valley Telephone Cooperative, Inc.
EIN
74-1207591
Plan number
002
Location
Raymondville, TX
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$18.2M total assets
Net assets$18.2MLiabilities$0
Money in vs. money out
Total income / additions$2.3M
Total expenses$5.4M
Benefits paid / distributions$5M
Contributions
Employer$850K
ParticipantNot reported
Full reported line items
Total assets (EOY)
$18,177,554
Total liabilities (EOY)
$0
Net assets (EOY)
$18,177,554
Employer contributions
$850,000
Total income / additions
$2,303,679
Benefits paid
$5,039,455
Administrative expenses
$391,925
Total expenses
$5,431,380
Net increase / (decrease)
-$3,127,701

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Hartford Life & AccidentNONE$391,225not reported in the loaded dataset

Related Form 5500 pages