# Minnesota Valley Electric Cooperative 401(k) Plan
Source: https://planprovider.pro/companies/minnesota-valley-electric-cooperative-401k-plan-004

> Minnesota Valley Electric Cooperative's 401(k) plan: 43 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, JORDAN, MN, 55352

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

- **Total Participants:** 43

- **Total Assets:** $7.3M

## 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|43|$7.3M|$220,394|$429,986|

| 2023|35|$6.4M|$185,556|$338,963|

| 2022|34|$5.2M|$159,254|$340,364|

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