The Satilla Rural Electric Membership Corporation 401(K) Savings Plan — Form 5500 plan (Satilla Emc)
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, The Satilla Rural Electric Membership Corporation 401(K) Savings Plan is a benefit plan reported by Satilla Emc under EIN 58-0417350 and plan number 001. The latest loaded filing year is 2023. The filing reports 167 participants and $28,137,728 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Satilla Emc
- EIN
- 58-0417350
- Plan number
- 001
- Plan type
- 2
- Location
- Alma, GA
- Latest filing year
- 2023
- Participants
- 167
- End-of-year plan assets
- $28,137,728
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 167 | H, C | 20250506103917NAL0009157473001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $28,137,728
- Total liabilities (EOY)
- $406
- Net assets (EOY)
- $28,137,322
- Net assets (BOY)
- $23,843,145
Income & contributions
- Employer contributions
- $908,789
- Participant contributions
- $1,058,036
- Total contributions
- $1,996,344
- Total income / additions
- $5,677,829
Expenses & distributions
- Benefits paid
- $1,381,225
- Administrative expenses
- $2,427
- Total expenses
- $1,383,652
- Net increase / (decrease)
- $4,294,177
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Raymond James Financial Svcs Adv | INVESTMENT ADVISOR | $48,787 | not reported in the loaded dataset | 2023 |
| Ascensus Holdings Inc Dba | CONTRACT ADMIN | $19,515 | not reported in the loaded dataset | 2023 |
| Ascensus Inc | CONTRACT ADMIN | $0 | $12,234 | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $0 | $2,502 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Satilla Emc
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Alma, GA
- Raymond James Financial Svcs Adv — Schedule C compensation
- Ascensus Holdings Inc Dba — Schedule C compensation
- Ascensus Inc — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation