2023 Form 5500 filing — Penrelco Employees Savings Incentive Plan And Trust
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240923102712NAL0015280752001) for Penrelco Employees Savings Incentive Plan And Trust, reported by Pennyrile Rural Electric Corporation under EIN 61-0305525 and plan number 002. It reports 134 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240923102712NAL0015280752001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Pennyrile Rural Electric Corporation
- EIN
- 61-0305525
- Plan number
- 002
- Location
- Hopkinsville, KY
- Participants
- 134
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,382,825
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,382,825
- Employer contributions
- $458,859
- Participant contributions
- $862,705
- Total income / additions
- $4,627,383
- Benefits paid
- $2,467,907
- Administrative expenses
- $62,222
- Total expenses
- $2,530,129
- Net increase / (decrease)
- $2,097,254
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lpl Financial | INVESTMENT ADVISOR | $25,706 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $23,317 | $0 |
| Kem Duguid & Associates Psc Dba Dug | AUDITOR | $8,750 | not reported in the loaded dataset |
| Reed & Co Of Mayfield Psc | AUDITOR | $2,582 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,867 | not reported in the loaded dataset |