El Paso Electric Company Savings Plan — Form 5500 plan (El Paso Electric Company)

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, El Paso Electric Company Savings Plan is a benefit plan reported by El Paso Electric Company under EIN 74-0607870 and plan number 003. The latest loaded filing year is 2023. The filing reports 1,347 participants and $220,557,983 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
El Paso Electric Company
EIN
74-0607870
Plan number
003
Plan type
2
Location
El Paso, TX
Latest filing year
2023
Participants
1,347
End-of-year plan assets
$220,557,983

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,347H, C20240816171033NAL0025108976001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$220,557,983
Total liabilities (EOY)
$0
Net assets (EOY)
$220,557,983
Net assets (BOY)
$184,773,345

Income & contributions

Employer contributions
$6,136,424
Participant contributions
$12,333,760
Total contributions
$18,880,415
Total income / additions
$48,992,081

Expenses & distributions

Benefits paid
$13,155,773
Administrative expenses
$51,670
Total expenses
$13,207,443
Net increase / (decrease)
$35,784,638

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$51,670$02023
Morningstar Investment Mgmt LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages