Valley Telephone Coop. 401(K) Retirement Plan — Form 5500 plan (Valley Telephone Cooperative, Inc.)

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, Valley Telephone Coop. 401(K) Retirement Plan is a benefit plan reported by Valley Telephone Cooperative, Inc. under EIN 74-1207591 and plan number 001. The latest loaded filing year is 2023. The filing reports 245 participants and $12,732,481 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Valley Telephone Cooperative, Inc.
EIN
74-1207591
Plan number
001
Plan type
2
Location
Raymondville, TX
Latest filing year
2023
Participants
245
End-of-year plan assets
$12,732,481

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023245H, C20241007081303NAL0015800481001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,732,481
Total liabilities (EOY)
$0
Net assets (EOY)
$12,732,481
Net assets (BOY)
$11,360,941

Income & contributions

Employer contributions
$730,476
Participant contributions
$797,034
Total contributions
$1,527,510
Total income / additions
$3,339,847

Expenses & distributions

Benefits paid
$1,937,752
Administrative expenses
$30,555
Total expenses
$1,968,307
Net increase / (decrease)
$1,371,540

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.NONE$22,560$02023
Texas Regional BankNONE$7,995not reported in the loaded dataset2023

Related Form 5500 pages