Walton Electric Membership Corporation Pension Plan — Form 5500 plan (Walton Electric Membership Corp.)
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, Walton Electric Membership Corporation Pension Plan is a benefit plan reported by Walton Electric Membership Corp. under EIN 58-0477163 and plan number 003. The latest loaded filing year is 2023. The filing reports 159 participants and $50,435,066 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Walton Electric Membership Corp.
- EIN
- 58-0477163
- Plan number
- 003
- Plan type
- 2
- Location
- Monroe, GA
- Latest filing year
- 2023
- Participants
- 159
- End-of-year plan assets
- $50,435,066
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 159 | H, C | 20241014142319NAL0013444195001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $50,435,066
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $50,435,066
- Net assets (BOY)
- $46,512,431
Income & contributions
- Employer contributions
- $6,000,000
- Total contributions
- $6,000,000
- Total income / additions
- $10,980,742
Expenses & distributions
- Benefits paid
- $6,996,921
- Administrative expenses
- $61,186
- Total expenses
- $7,058,107
- Net increase / (decrease)
- $3,922,635
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | CONTRACT ADMINISTRATOR | $61,046 | not reported in the loaded dataset | 2023 |