Plan Snapshot
- Plan Sponsor: Norris Electric Cooperative
- Sponsor EIN: 370442695
- Sponsor Address: 8543 N. STATE HIGHWAY 130, NEWTON, IL, 62448
- Plan Type: 401(k)
- Total Participants: 52
- Total Assets: $30.8M
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 | 52 | $30.8M | $785,110 | $662,097 |
| 2023 | 51 | $29.7M | $759,511 | $644,170 |
| 2022 | 54 | $25.9M | $730,653 | $634,842 |