Plan Snapshot
- Plan Sponsor: Ohio Valley Electric Corporation
- Sponsor EIN: 314392702
- Sponsor Address: 3932 US ROUTE 23, PIKETON, OH, 456610468
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 532
- Total Assets: $138.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 532 | $138.0M | $8.9M | $3.4M |
| 2023 | 525 | $137.7M | $6.2M | $3.3M |
| 2022 | 507 | $133.0M | $5.3M | $3.4M |
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 |
|---|---|---|---|---|
| INSIGHT NORTH AMERICA, LLC | Other Service Provider | $43,776 | — | $43,776 |
| PNC BANK | Custodian / Trustee | $35,308 | — | $35,308 |
| ACADIAN ASSET MANAGEMENT | Other Service Provider | $29,602 | — | $29,602 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $108,686
- Estimated Expense Ratio: 0.079% of plan assets
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 | $729,060 | $73,379 | $91,030 | — | — |
| 2023 | $699,354 | $68,210 | $82,422 | — | — |
| 2022 | $330,106 | $88,326 | $83,311 | — | — |