Diverse Power 401k Plan — Form 5500 plan (Diverse Power Incorporated, An Electric Membership 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, Diverse Power 401k Plan is a benefit plan reported by Diverse Power Incorporated, An Electric Membership Corporation under EIN 58-0465897 and plan number 001. The latest loaded filing year is 2023. The filing reports 148 participants and $33,737,875 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Diverse Power Incorporated, An Electric Membership Corporation
- EIN
- 58-0465897
- Plan number
- 001
- Plan type
- 2
- Location
- Lagrange, GA
- Latest filing year
- 2023
- Participants
- 148
- End-of-year plan assets
- $33,737,875
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 148 | H, C | 20240925072542NAL0013953489001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $33,737,875
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,737,875
- Net assets (BOY)
- $29,321,612
Income & contributions
- Employer contributions
- $1,785,969
- Participant contributions
- $841,438
- Total contributions
- $2,627,407
- Total income / additions
- $5,930,855
Expenses & distributions
- Benefits paid
- $1,494,256
- Administrative expenses
- $4,403
- Total expenses
- $1,514,592
- Net increase / (decrease)
- $4,416,263
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Raymond James Financial Services Ad | INVESTMENT ADVISOR | $65,357 | not reported in the loaded dataset | 2023 |
| Ascensus Inc | TPA | $24,117 | $14,993 | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $3,078 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Diverse Power Incorporated, An Electric Membership Corporation
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Lagrange, GA
- Raymond James Financial Services Ad — Schedule C compensation
- Ascensus Inc — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation