Ovec-Ikec Group Life And Comprehensive Medical Plan — Form 5500 plan (Ohio Valley Electric Corporation)

Plain-English plan 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, Ovec-Ikec Group Life And Comprehensive Medical Plan is a benefit plan reported by Ohio Valley Electric Corporation under EIN 31-4392702 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,019 participants and $137,663,496 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ohio Valley Electric Corporation
EIN
31-4392702
Plan number
501
Plan type
2
Location
Piketon, OH
Latest filing year
2023
Participants
1,019
End-of-year plan assets
$137,663,496

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,019H, C20241015102447NAL0047354192001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$137,663,496
Total liabilities (EOY)
$2,243,898
Net assets (EOY)
$135,419,598
Net assets (BOY)
$127,741,004

Income & contributions

Employer contributions
$6,177,935
Participant contributions
$3,343,800
Total contributions
$9,521,735
Total income / additions
$23,215,659

Expenses & distributions

Benefits paid
$14,837,711
Administrative expenses
$699,354
Total expenses
$15,537,065
Net increase / (decrease)
$7,678,594

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Insight North America, LLCNONE$46,812not reported in the loaded dataset2023
Pnc BankTRUSTEE$22,184not reported in the loaded dataset2023
Acadian Asset ManagementNONE$21,398not reported in the loaded dataset2023
Huntington National BankTRUSTEE$7,038not reported in the loaded dataset2023

Related Form 5500 pages