Plan Snapshot
- Plan Sponsor: Carroll Electric Cooperative Corp
- Sponsor EIN: 710027635
- Sponsor Address: 920 HWY 2 SPUR, BERRYVILLE, AR, 72616
- Plan Type: Health & Welfare
- Plan Number: 526
- Total Participants: 110
- Total Assets: $2.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 110 | $2.2M | $0 | $340,636 |
| 2023 | 87 | $2.6M | $0 | $320,974 |
| 2022 | 83 | $2.5M | $0 | $317,421 |
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 |
|---|---|---|---|---|
| BOLINGER,SEGARS,GILBERT AND MOSS | Auditor | $10,275 | — | $10,275 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,275
- Estimated Expense Ratio: 0.461% of plan assets
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 | $22,275 | — | — | — | — |
| 2023 | $9,775 | — | — | — | — |
| 2022 | $15,275 | — | — | — | $15,275 |