Plan Snapshot
- Plan Sponsor: Big Rivers Electric Corporation
- Sponsor EIN: 610597287
- Sponsor Address: 710 WEST 2ND ST., OWENSBORO, KY, 42301
- Plan Type: 401(k)
- Total Participants: 134
- Total Assets: $45.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 134 | $45.2M | $1.3M | $1.2M |
| 2023 | 138 | $39.0M | $1.2M | $1.0M |
| 2022 | 130 | $34.5M | $1.4M | $1.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| RINEY HANCOCK CPAS PSC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $6,332 | $30,319 | — | — | — |
| 2023 | $13,449 | $32,660 | $300 | — | — |
| 2022 | $8,551 | $20,184 | — | — | — |