# Haywood Electric Membership Corp Health & Welfare Plan
Source: https://planprovider.pro/companies/haywood-electric-membership-corp-560193499-501

> Haywood Electric Membership Corp's Health & Welfare plan: 76 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Haywood Electric Membership Corp

- **Sponsor EIN:** 560193499

- **Sponsor Address:** 376 GRINDSTONE ROAD, WAYNESVILLE, NC, 28785

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 76

- **Total Assets:** $1.9M

## 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|76|$1.9M|$1.1M|$140,790|

| 2023|76|$2.1M|$1.1M|$140,790|

| 2022|78|$2.2M|$1.2M|$160,760|

## 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|

| HEALTHGRAM, INC.|Recordkeeper|$28,897|—|$28,897|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $28,897

- **Estimated Expense Ratio:** 1.490% 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|$1,385,470|—|—|—|—|

| 2023|$1,385,470|—|—|—|—|

| 2022|$1,290,462|—|—|—|—|

## Similar Plans

- [Duke Energy Corporation](https://planprovider.pro/companies/duke-energy-corporation-401k-plan) — 26,616 participants

- [Duke Energy Corporation](https://planprovider.pro/companies/duke-energy-corporation-plan-001) — 12,384 participants

- [Pine Gate Renewables, LLC](https://planprovider.pro/companies/pine-gate-renewables-llc-401k-plan) — 937 participants

- [Cypress Creek Renewables, LLC](https://planprovider.pro/companies/cypress-creek-renewables-llc-401k-plan) — 754 participants

- [Cogentrix Energy Power Management, LLC](https://planprovider.pro/companies/cogentrix-energy-power-management-llc-401k-plan) — 338 participants

- [Duke Energy Corporation](https://planprovider.pro/companies/duke-energy-corporation-plan-012) — 277 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/haywood-electric-membership-corp-560193499-501)

© 2026 PlanProvider.Pro