Plan Snapshot
- Plan Sponsor: Walton Electric Membership Corp.
- Sponsor EIN: 580477163
- Sponsor Address: PO BOX 260, MONROE, GA, 306550260
- Plan Type: DB
- Total Participants: 127
- Total Assets: $58.9M
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 | 127 | $58.9M | $6.0M | $0 |
| 2023 | 134 | $50.4M | $6.0M | $0 |
| 2022 | 142 | $46.5M | $6.0M | $0 |
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 |
|---|---|---|---|---|
| MCNAIR MCLEMORE MIDDLEBROOKS & CO | 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 | $178,545 | $178,010 | — | — | — |
| 2023 | $61,186 | $61,186 | — | — | — |
| 2022 | $68,058 | $68,058 | — | — | — |