# Minnesota Valley Electric Cooperative 401(k) Plan
Source: https://planprovider.pro/companies/minnesota-valley-electric-cooperative-401k-plan-003

> Minnesota Valley Electric Cooperative's 401(k) plan: 62 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Minnesota Valley Electric Cooperative

- **Sponsor EIN:** 410419150

- **Sponsor Address:** 125 MINNESOTA VALLEY ELECTRIC DR, JORDAN, MN, 55352

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

- **Total Participants:** 62

- **Total Assets:** $10.8M

## 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|62|$10.8M|$394,667|$557,425|

| 2023|58|$9.0M|$339,926|$457,737|

| 2022|57|$7.3M|$299,358|$457,825|

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