Plan Snapshot
- Plan Sponsor: Clay Electric Cooperative, INC.
- Sponsor EIN: 590196695
- Sponsor Address: 7022 COOPERATIVE WAY, KEYSTONE HEIGHTS, FL, 326560135
- Plan Type: Health & Welfare
- Plan Number: 526
- Total Participants: 490
- Total Assets: $75.2M
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 | 490 | $75.2M | $0 | $0 |
| 2023 | 496 | $71.2M | $0 | $0 |
| 2022 | 485 | $66.9M | $0 | $0 |
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 |
|---|---|---|---|---|
| NICHOLAS, CAULEY, & ASSOCIATES | 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 | $481,226 | $255,417 | $223,646 | — | — |
| 2023 | $475,934 | $245,141 | $230,793 | — | — |
| 2022 | $470,260 | $238,376 | $188,042 | — | $43,842 |