2023 Form 5500 filing — Valley Telephone Coop. 401(K) Retirement Plan
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 20241007081303NAL0015800481001) for Valley Telephone Coop. 401(K) Retirement Plan, reported by Valley Telephone Cooperative, Inc. under EIN 74-1207591 and plan number 001. It reports 245 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007081303NAL0015800481001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Valley Telephone Cooperative, Inc.
- EIN
- 74-1207591
- Plan number
- 001
- Location
- Raymondville, TX
- Participants
- 245
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,732,481
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,732,481
- Employer contributions
- $730,476
- Participant contributions
- $797,034
- Total income / additions
- $3,339,847
- Benefits paid
- $1,937,752
- Administrative expenses
- $30,555
- Total expenses
- $1,968,307
- Net increase / (decrease)
- $1,371,540
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Group, Inc. | NONE | $22,560 | $0 |
| Texas Regional Bank | NONE | $7,995 | not reported in the loaded dataset |