# Medina Electric Cooperative, INC. 401(k) Plan
Source: https://planprovider.pro/companies/medina-electric-cooperative-inc-401k-plan

> Medina Electric Cooperative, INC.'s 401(k) plan: 143 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Medina Electric Cooperative, INC.

- **Sponsor EIN:** 740779023

- **Sponsor Address:** 2308 18TH STREET, HONDO, TX, 78861

- **Plan Type:** 401(k)

- **Total Participants:** 143

- **Total Assets:** $16.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|143|$16.5M|$282,175|$840,223|

| 2023|140|$14.3M|$283,990|$714,884|

| 2022|131|$13.0M|$246,983|$618,888|

## 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, SEGAR, MOSS AND GILBERT|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|$10,015|—|$10,015|—|—|

| 2023|$8,061|—|$8,061|—|—|

| 2022|$8,023|—|$8,023|—|—|

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