Norris Electric Cooperative 401(k) Plan

Form 5500 filing data for plan year 2024.

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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202452$30.8M$785,110$662,097
202351$29.7M$759,511$644,170
202254$25.9M$730,653$634,842

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