Delaware Electric Cooperative, Inc. 401(K) Savings Plan B — Form 5500 plan (Delaware Electric Cooperative, Inc.)

Plain-English plan 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, Delaware Electric Cooperative, Inc. 401(K) Savings Plan B is a benefit plan reported by Delaware Electric Cooperative, Inc. under EIN 51-0011975 and plan number 001. The latest loaded filing year is 2023. The filing reports 119 participants and $39,258,315 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$39.3MPlan net assets, end of year$39,258,315
Participants119Covered participants reported
Assets / participant$329.9KComputed: assets ÷ participants$329,902 (computed)
Provider compensation$22.1K2 Schedule C provider row(s)$22,052
Plan sponsor
Delaware Electric Cooperative, Inc.
EIN
51-0011975
Plan number
001
Plan type
2
Location
Greenwood, DE
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023119H, C20240924095018NAL0007331747001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$39.3M total assets
Net assets$39.3MLiabilities$0
Money in vs. money out
Total income / additions$8.1M
Total expenses$511.1K
Benefits paid / distributions$483.8K
Contributions
Employer$1.1M
Participant$998K
Full reported line items

Net assets

Total assets (EOY)
$39,258,315
Total liabilities (EOY)
$0
Net assets (EOY)
$39,258,315
Net assets (BOY)
$33,648,514

Income & contributions

Employer contributions
$1,113,701
Participant contributions
$998,034
Total contributions
$2,226,314
Total income / additions
$8,060,351

Expenses & distributions

Benefits paid
$483,764
Administrative expenses
$22,052
Total expenses
$511,128
Net increase / (decrease)
$7,549,223
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 53%Participant 47%
Total expenses ÷ net assets1%Computed ratio
Benefits paid ÷ total income6%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$21,752$02023
Qdro Consultants Co LLCCONSULTING$300not reported in the loaded dataset2023

Related Form 5500 pages