2023 Form 5500 filing — Walton Electric Membership Corporation Pension 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 20241014142319NAL0013444195001) for Walton Electric Membership Corporation Pension Plan, reported by Walton Electric Membership Corp. under EIN 58-0477163 and plan number 003. It reports 159 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014142319NAL0013444195001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Walton Electric Membership Corp.
- EIN
- 58-0477163
- Plan number
- 003
- Location
- Monroe, GA
- Participants
- 159
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $50,435,066
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $50,435,066
- Employer contributions
- $6,000,000
- Total income / additions
- $10,980,742
- Benefits paid
- $6,996,921
- Administrative expenses
- $61,186
- Total expenses
- $7,058,107
- Net increase / (decrease)
- $3,922,635
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | CONTRACT ADMINISTRATOR | $61,046 | not reported in the loaded dataset |