2023 Form 5500 filing — Ovec-Ikec Group Life And Comprehensive Medical 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 20241015102447NAL0047354192001) for Ovec-Ikec Group Life And Comprehensive Medical Plan, reported by Ohio Valley Electric Corporation under EIN 31-4392702 and plan number 501. It reports 1,019 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015102447NAL0047354192001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ohio Valley Electric Corporation
- EIN
- 31-4392702
- Plan number
- 501
- Location
- Piketon, OH
- Participants
- 1,019
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $137,663,496
- Total liabilities (EOY)
- $2,243,898
- Net assets (EOY)
- $135,419,598
- Employer contributions
- $6,177,935
- Participant contributions
- $3,343,800
- Total income / additions
- $23,215,659
- Benefits paid
- $14,837,711
- Administrative expenses
- $699,354
- Total expenses
- $15,537,065
- Net increase / (decrease)
- $7,678,594
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Insight North America, LLC | NONE | $46,812 | not reported in the loaded dataset |
| Pnc Bank | TRUSTEE | $22,184 | not reported in the loaded dataset |
| Acadian Asset Management | NONE | $21,398 | not reported in the loaded dataset |
| Huntington National Bank | TRUSTEE | $7,038 | not reported in the loaded dataset |