The Walton Electric Membership Corporation 401 K Plan — Form 5500 plan (The Walton Electric Membership Corporation)
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, The Walton Electric Membership Corporation 401 K Plan is a benefit plan reported by The Walton Electric Membership Corporation under EIN 58-0477163 and plan number 001. The latest loaded filing year is 2023. The filing reports 284 participants and $60,825,713 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Walton Electric Membership Corporation
- EIN
- 58-0477163
- Plan number
- 001
- Plan type
- 2
- Location
- Monroe, GA
- Latest filing year
- 2023
- Participants
- 284
- End-of-year plan assets
- $60,825,713
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 284 | H, C | 20241014135906NAL0052571810001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $60,825,713
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $60,825,713
- Net assets (BOY)
- $55,037,141
Income & contributions
- Employer contributions
- $1,920,948
- Participant contributions
- $1,988,876
- Total contributions
- $3,923,894
- Total income / additions
- $11,452,261
Expenses & distributions
- Benefits paid
- $5,645,808
- Administrative expenses
- $4,156
- Total expenses
- $5,663,689
- Net increase / (decrease)
- $5,788,572
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Raymond James Financial Services | INVESTMENT ADVISOR | $119,064 | not reported in the loaded dataset | 2023 |
| Futureplan Consulting - Fort Wayne | TPA | $27,143 | not reported in the loaded dataset | 2023 |
| Ascensus, LLC | TPA | $0 | $27,065 | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $6,937 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Walton Electric Membership Corporation
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Monroe, GA
- Raymond James Financial Services — Schedule C compensation
- Futureplan Consulting - Fort Wayne — Schedule C compensation
- Ascensus, LLC — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation