# Owen Electric Cooperative, INC. 401(k) Plan
Source: https://planprovider.pro/companies/owen-electric-cooperative-inc-401k-plan

> Owen Electric Cooperative, INC.'s 401(k) plan: 122 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Owen Electric Cooperative, INC.

- **Sponsor EIN:** 610299615

- **Sponsor Address:** 8205 HIGHWAY 127 NORTH, OWENTON, KY, 403590400

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

- **Total Participants:** 122

- **Total Assets:** $36.3M

## 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|122|$36.3M|$483,045|$1.0M|

| 2023|122|$31.3M|$452,094|$989,354|

| 2022|123|$26.1M|$447,500|$967,247|

## 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|

| CHERRY BEKAERT LLP|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$96,142|—|—|—|—|

| 2023|$85,792|—|—|—|—|

| 2022|$87,218|—|—|—|—|

## Similar Plans

- [Big Rivers Electric Corporation](https://planprovider.pro/companies/big-rivers-electric-corporation-401k-plan-004) — 134 participants

- [Pennyrile Rural Electric Corporation](https://planprovider.pro/companies/pennyrile-rural-electric-corporation-401k-plan) — 107 participants

- [Big Rivers Electric Corporation](https://planprovider.pro/companies/big-rivers-electric-corporation-401k-plan-003) — 149 participants

- [Big Rivers Electric Corporation](https://planprovider.pro/companies/big-rivers-electric-corporation-plan-001) — 16 participants

- [Martin Contracting, INC.](https://planprovider.pro/companies/martin-contracting-inc-401k-plan) — 314 participants

- [Lg&E And Ku Energy, LLC](https://planprovider.pro/companies/lg-e-and-ku-energy-llc-plan-006) — 670 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/owen-electric-cooperative-inc-401k-plan)

© 2026 PlanProvider.Pro