401(K) Pension Plan — Form 5500 plan (National Rural Electric Cooperative Association)

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, 401(K) Pension Plan is a benefit plan reported by National Rural Electric Cooperative Association under EIN 53-0116145 and plan number 444. The latest loaded filing year is 2023. The filing reports 80,480 participants and $14,978,676,240 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
National Rural Electric Cooperative Association
EIN
53-0116145
Plan number
444
Plan type
3
Location
Arlington, VA
Latest filing year
2023
Participants
80,480
End-of-year plan assets
$14,978,676,240

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202380,480H, C20241015145712NAL0030059745001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,978,676,240
Total liabilities (EOY)
$62,878,577
Net assets (EOY)
$14,915,797,663
Net assets (BOY)
$12,945,281,939

Income & contributions

Employer contributions
$249,882,900
Participant contributions
$454,493,663
Total contributions
$878,388,305
Total income / additions
$3,092,656,386

Expenses & distributions

Benefits paid
$1,036,322,056
Administrative expenses
$43,513,362
Total expenses
$1,079,835,418
Net increase / (decrease)
$2,012,820,968

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
NrecaPLAN SPONSOR$24,447,849not reported in the loaded dataset2023
T Rowe Price Associates IncINVESTMENT MANAGEMENT$3,655,431$02023
Blackrock Institutional Trust CoINVESTMENT MANAGEMENT$2,629,732$02023
Blackrock Financial Management IncINVESTMENT MANAGEMENT$1,402,840$02023
Jacobs Levy Equity Management IncINVESTMENT MANAGEMENT$1,031,404not reported in the loaded dataset2023
Lsv Asset ManagementINVESTMENT MANAGEMENT$1,025,906not reported in the loaded dataset2023
Lockton CompaniesINSURANCE AGENT$827,409not reported in the loaded dataset2023
Pacific Investment Management CoINVESTMENT MANAGEMENT$737,386$02023
Capital International IncINVESTMENT MANAGEMENT$735,824not reported in the loaded dataset2023
Enterprise Iron Fis IncCONSULTANT$500,620not reported in the loaded dataset2023
Fis Capital Markets Us LLCCONSULTANT$418,103not reported in the loaded dataset2023
Pinnacle Data Systems LLCPARTICIPANT COMMUNICATION$386,469not reported in the loaded dataset2023
Decisionpath ConsultingCONSULTANT$380,185not reported in the loaded dataset2023
Experis It Services Us LLCCONSULTANT$373,132not reported in the loaded dataset2023
Chesapeake Benefit Partners LLCCONSULTANT$335,148not reported in the loaded dataset2023
Optomi LLCCONSULTANT$333,771not reported in the loaded dataset2023
State Street BankTRUSTEE$283,069$02023
Neuberger Berman Group LLCINVESTMENT MANAGEMETN$282,660$02023
State Street Global Advisors TrustINVESTMENT MANAGEMENT$262,983$02023
Voya Institutional Plan Services LlCONSULTANT$250,000not reported in the loaded dataset2023
Sirius Computer Solutions IncCONSULTANT$179,550not reported in the loaded dataset2023
Robert HalfCONSULTANT$136,957not reported in the loaded dataset2023
Rvk IncCONSULTANT$127,449not reported in the loaded dataset2023
Convergenz LLCCONSULTANT$125,923not reported in the loaded dataset2023
Usm Business Systems IncCONSULTANT$94,801not reported in the loaded dataset2023
Bdo Usa LlpACCOUNTING$94,496not reported in the loaded dataset2023
Cloudberry Creative IncOTHER SERVICES$92,689not reported in the loaded dataset2023
Signature Commercial Solutions LLCCONSULTANT$82,184not reported in the loaded dataset2023
Nextup Solutions LLCCONSULTANT$72,233not reported in the loaded dataset2023
Capricorn Systems IncCONSULTANT$71,673not reported in the loaded dataset2023
Cliftonlarsonallen LlpAUDITOR$55,240not reported in the loaded dataset2023
Raymond James And AssociatesBROKER$0$53,8882023
Morgan Stanley CoBROKER$0$50,8262023
Jp Morgan SecuritiesBROKER$0$49,7602023
Aston Carter IncCONSULTANT$44,509not reported in the loaded dataset2023
Newport Trust CompanyCONSULTANT$39,667not reported in the loaded dataset2023
International Software Systems IncCONSULTANT$36,935not reported in the loaded dataset2023
Bofa SecuritiesBROKER$0$34,4142023
Luminex Trading And AnalyticsBROKER$0$34,0192023
Goldman Sachs And CompanyBROKER$0$31,6822023
Jefferies And Company IncBROKER$0$31,5672023
Virtu AmericasBROKER$0$27,1082023
Wells Fargo Securities LLCBROKER$0$27,1082023
Paladin ConsultingCONSULTANT$27,051not reported in the loaded dataset2023
Davis CompaniesCONSULTANT$26,421not reported in the loaded dataset2023
CcitecCONSULTANT$25,103not reported in the loaded dataset2023
Bloomberg Finance LpOTHER SERVICES$24,254not reported in the loaded dataset2023
Barclays CapitalBROKER$0$24,1752023
Groom Law Group CharteredLEGAL$24,021not reported in the loaded dataset2023
Thompson Hine LlpLEGAL$23,083not reported in the loaded dataset2023
Wells Fargo BankOTHER SERVICES$22,944not reported in the loaded dataset2023
Citigroup Global MarketsBROKER$0$20,8952023
Adp IncOTHER SERVICES$20,571not reported in the loaded dataset2023
Pershing LLCBROKER$0$19,6512023
Evestment Alliance LLCOTHER SERVICES$19,643not reported in the loaded dataset2023
National Financial Services CorpBROKER$0$18,8702023
Ubs SecuritiesBROKER$0$18,8392023
Rbc Capital Markets LLCBROKER$0$16,1032023
Robert W Baird Co Inc.BROKER$0$15,6412023
Zovaya CorporationCONSULTANT$15,474not reported in the loaded dataset2023
Cowen And Company LLCBROKER$0$12,9232023
Bnp Paribas Securities CorporationBROKER$0$9,2032023
Excella IncCONSULTANT$9,072not reported in the loaded dataset2023
Abel Noser SolutionsCONSULTANT$7,992not reported in the loaded dataset2023
Bmo Capital MarketsBROKER$0$7,2272023
LiquidnetBROKER$0$7,1922023
Teksystems IncCONSULTANT$6,496not reported in the loaded dataset2023
Evercore Group LLCBROKER$0$6,4362023
Credit Suisse Securities Usa LLCBROKER$0$6,3462023
Willkie Farr And Gallagher LlpLEGAL$6,324not reported in the loaded dataset2023
Alku Technologies LLCCONSULTANT$6,065not reported in the loaded dataset2023

Related Form 5500 pages