Matanuska Electric Association, Inc. 401(K) Plan — Form 5500 plan (Matanuska Electric Association 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, Matanuska Electric Association, Inc. 401(K) Plan is a benefit plan reported by Matanuska Electric Association Inc under EIN 92-0007954 and plan number 002. The latest loaded filing year is 2023. The filing reports 152 participants and $18,807,882 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Matanuska Electric Association Inc
EIN
92-0007954
Plan number
002
Plan type
2
Location
Palmer, AK
Latest filing year
2023
Participants
152
End-of-year plan assets
$18,807,882

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023152H, C20240930181044NAL0005892065001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$18,807,882
Total liabilities (EOY)
$0
Net assets (EOY)
$18,807,882
Net assets (BOY)
$15,976,448

Income & contributions

Employer contributions
$257,264
Participant contributions
$974,441
Total contributions
$1,231,705
Total income / additions
$4,042,880

Expenses & distributions

Benefits paid
$1,207,302
Administrative expenses
$4,144
Total expenses
$1,211,446
Net increase / (decrease)
$2,831,434

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$1,194$02023

Related Form 5500 pages