Northcentral Electric Cooperative 401(K) Pension Plan — Form 5500 plan (Northcentral Electric Cooperative)

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, Northcentral Electric Cooperative 401(K) Pension Plan is a benefit plan reported by Northcentral Electric Cooperative under EIN 64-0300045 and plan number 002. The latest loaded filing year is 2023. The filing reports 128 participants and $9,670,809 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$9.7MPlan net assets, end of year$9,670,809
Participants128Covered participants reported
Assets / participant$75.6KComputed: assets ÷ participants$75,553 (computed)
Provider compensationNone reported
Plan sponsor
Northcentral Electric Cooperative
EIN
64-0300045
Plan number
002
Plan type
2
Location
Olive Branch, MS
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023128I20240619163006NAL0000316257001
Schedule I · 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)$9.7M total assets
Net assets$9.7MLiabilities
Money in vs. money out
Total income / additions$2.8M
Total expenses$766.7K
Benefits paid / distributions$722.3K
Contributions
Employer$159.3K
Participant$549.2K
Full reported line items

Net assets

Total assets (EOY)
$9,670,809
Net assets (EOY)
$9,670,809
Net assets (BOY)
$7,640,404

Income & contributions

Employer contributions
$159,256
Participant contributions
$549,204
Total income / additions
$2,797,078

Expenses & distributions

Benefits paid
$722,261
Administrative expenses
$44,412
Total expenses
$766,673
Net increase / (decrease)
$2,030,405

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages