Penrelco Employees Savings Incentive Plan And Trust — Form 5500 plan (Pennyrile Rural 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, Penrelco Employees Savings Incentive Plan And Trust is a benefit plan reported by Pennyrile Rural Electric Corporation under EIN 61-0305525 and plan number 002. The latest loaded filing year is 2023. The filing reports 134 participants and $23,382,825 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Pennyrile Rural Electric Corporation
EIN
61-0305525
Plan number
002
Plan type
2
Location
Hopkinsville, KY
Latest filing year
2023
Participants
134
End-of-year plan assets
$23,382,825

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023134H, C20240923102712NAL0015280752001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$23,382,825
Total liabilities (EOY)
$0
Net assets (EOY)
$23,382,825
Net assets (BOY)
$21,285,571

Income & contributions

Employer contributions
$458,859
Participant contributions
$862,705
Total contributions
$1,352,280
Total income / additions
$4,627,383

Expenses & distributions

Benefits paid
$2,467,907
Administrative expenses
$62,222
Total expenses
$2,530,129
Net increase / (decrease)
$2,097,254

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lpl FinancialINVESTMENT ADVISOR$25,706not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$23,317$02023
Kem Duguid & Associates Psc Dba DugAUDITOR$8,750not reported in the loaded dataset2023
Reed & Co Of Mayfield PscAUDITOR$2,582not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$1,867not reported in the loaded dataset2023

Related Form 5500 pages