UPPER PENINSULA POWER COMPANY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan UPPER PENINSULA POWER COMPANY EMPLOYEE BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2023 : UPPER PENINSULA POWER COMPANY EMPLOYEE BENEFIT PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $6,206,814 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $4,218,765 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $4,131,756 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $3,703,233 |
| Value of total assets at end of year | 2023-12-31 | $26,276,674 |
| Value of total assets at beginning of year | 2023-12-31 | $24,288,625 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $87,009 |
| Total interest from all sources | 2023-12-31 | $8,351 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $977,987 |
| Assets. Other investments not covered elsewhere at end of year | 2023-12-31 | $281,439 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-12-31 | $290,935 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $761 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $913 |
| Administrative expenses (other) incurred | 2023-12-31 | $8,350 |
| Liabilities. Value of operating payables at end of year | 2023-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2023-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $1,988,049 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $26,276,674 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $24,288,625 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $30,160 |
| Interest earned on other investments | 2023-12-31 | $8,351 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $25,846,136 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $23,772,220 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $148,338 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $224,557 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $224,557 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-12-31 | $4,131,756 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $2,495,230 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $2,725,246 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2023-12-31 | 410746749 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $6,206,814 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $4,218,765 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $4,131,756 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $3,703,233 |
| Value of total assets at end of year | 2023-01-01 | $26,276,674 |
| Value of total assets at beginning of year | 2023-01-01 | $24,288,625 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $87,009 |
| Total interest from all sources | 2023-01-01 | $8,351 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $977,987 |
| Assets. Other investments not covered elsewhere at end of year | 2023-01-01 | $281,439 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-01-01 | $290,935 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $761 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $913 |
| Administrative expenses (other) incurred | 2023-01-01 | $8,350 |
| Liabilities. Value of operating payables at end of year | 2023-01-01 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2023-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $1,988,049 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $26,276,674 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $24,288,625 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $30,160 |
| Interest earned on other investments | 2023-01-01 | $8,351 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $25,846,136 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $23,772,220 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-01-01 | $148,338 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-01-01 | $4,131,756 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $2,495,230 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $2,725,246 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2023-01-01 | 410746749 |
| 2022 : UPPER PENINSULA POWER COMPANY EMPLOYEE BENEFIT PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $2,083 |
| Total income from all sources (including contributions) | 2022-12-31 | $-1,961,084 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $4,068,738 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $3,986,715 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $3,459,403 |
| Value of total assets at end of year | 2022-12-31 | $24,288,625 |
| Value of total assets at beginning of year | 2022-12-31 | $30,320,530 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $82,023 |
| Total interest from all sources | 2022-12-31 | $4,026 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Administrative expenses professional fees incurred | 2022-12-31 | $44,703 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $977,061 |
| Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $290,935 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $276,583 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $913 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $6 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $2,083 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-6,029,822 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $24,288,625 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $30,318,447 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $37,320 |
| Interest earned on other investments | 2022-12-31 | $4,026 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $23,772,220 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $29,808,667 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $224,557 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $235,274 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $235,274 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $3,986,715 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $-5,424,513 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $2,482,342 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2022-12-31 | 410746749 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $2,083 |
| Total income from all sources (including contributions) | 2022-01-01 | $-1,961,084 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $4,068,738 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $3,986,715 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $3,459,403 |
| Value of total assets at end of year | 2022-01-01 | $24,288,625 |
| Value of total assets at beginning of year | 2022-01-01 | $30,320,530 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $82,023 |
| Total interest from all sources | 2022-01-01 | $4,026 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Administrative expenses professional fees incurred | 2022-01-01 | $44,703 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $977,061 |
| Assets. Other investments not covered elsewhere at end of year | 2022-01-01 | $290,935 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-01-01 | $276,583 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $913 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $6 |
| Liabilities. Value of operating payables at end of year | 2022-01-01 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2022-01-01 | $2,083 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-6,029,822 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $24,288,625 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $30,318,447 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $37,320 |
| Interest earned on other investments | 2022-01-01 | $4,026 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $23,772,220 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $29,808,667 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-01-01 | $224,557 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-01-01 | $3,986,715 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $-5,424,513 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $2,482,342 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2022-01-01 | 410746749 |
| 2021 : UPPER PENINSULA POWER COMPANY EMPLOYEE BENEFIT PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $2,083 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $2,543 |
| Total income from all sources (including contributions) | 2021-12-31 | $6,029,219 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $4,015,695 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $3,933,119 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $3,506,597 |
| Value of total assets at end of year | 2021-12-31 | $30,320,530 |
| Value of total assets at beginning of year | 2021-12-31 | $28,307,466 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $82,576 |
| Total interest from all sources | 2021-12-31 | $95 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Administrative expenses professional fees incurred | 2021-12-31 | $44,888 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $996,683 |
| Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $276,583 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $216,115 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $6 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $12 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $2,083 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $2,543 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $2,013,524 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $30,318,447 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $28,304,923 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Investment advisory and management fees | 2021-12-31 | $37,688 |
| Interest earned on other investments | 2021-12-31 | $95 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $29,808,667 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $27,598,828 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $235,274 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $492,511 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $492,511 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $3,933,119 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $2,522,527 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $2,509,914 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2021-12-31 | 410746749 |
| 2020 : UPPER PENINSULA POWER COMPANY EMPLOYEE BENEFIT PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $2,543 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $7,191 |
| Total income from all sources (including contributions) | 2020-12-31 | $6,726,739 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $4,056,702 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $3,960,357 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $3,295,444 |
| Value of total assets at end of year | 2020-12-31 | $28,307,466 |
| Value of total assets at beginning of year | 2020-12-31 | $25,642,077 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $96,345 |
| Total interest from all sources | 2020-12-31 | $810 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Administrative expenses professional fees incurred | 2020-12-31 | $52,118 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $1,053,718 |
| Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $216,115 |
| Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $271,789 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $12 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $244 |
| Liabilities. Value of operating payables at end of year | 2020-12-31 | $2,543 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $7,191 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $2,670,037 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $28,304,923 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $25,634,886 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Investment advisory and management fees | 2020-12-31 | $44,227 |
| Interest earned on other investments | 2020-12-31 | $810 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $27,598,828 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $25,135,474 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $492,511 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $234,570 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $234,570 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $3,960,357 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $3,430,485 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $2,241,726 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2020-12-31 | 410746749 |
| 2019 : UPPER PENINSULA POWER COMPANY EMPLOYEE BENEFIT PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $7,191 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $7,191 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $4,663 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $4,663 |
| Total income from all sources (including contributions) | 2019-12-31 | $7,223,034 |
| Total income from all sources (including contributions) | 2019-12-31 | $7,223,034 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $4,238,917 |
| Total of all expenses incurred | 2019-12-31 | $4,238,917 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $4,148,983 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $4,148,983 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $3,470,062 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $3,470,062 |
| Value of total assets at end of year | 2019-12-31 | $25,642,077 |
| Value of total assets at end of year | 2019-12-31 | $25,642,077 |
| Value of total assets at beginning of year | 2019-12-31 | $22,655,432 |
| Value of total assets at beginning of year | 2019-12-31 | $22,655,432 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $89,934 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $89,934 |
| Total interest from all sources | 2019-12-31 | $3,890 |
| Total interest from all sources | 2019-12-31 | $3,890 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Administrative expenses professional fees incurred | 2019-12-31 | $55,910 |
| Administrative expenses professional fees incurred | 2019-12-31 | $55,910 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $1,108,582 |
| Contributions received from participants | 2019-12-31 | $1,108,582 |
| Participant contributions at end of year | 2019-12-31 | $0 |
| Participant contributions at end of year | 2019-12-31 | $0 |
| Participant contributions at beginning of year | 2019-12-31 | $57,999 |
| Participant contributions at beginning of year | 2019-12-31 | $57,999 |
| Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $271,789 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $213,911 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $213,911 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $244 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $244 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $443 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $443 |
| Liabilities. Value of operating payables at end of year | 2019-12-31 | $7,191 |
| Liabilities. Value of operating payables at end of year | 2019-12-31 | $7,191 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $4,663 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $4,663 |
| Total non interest bearing cash at end of year | 2019-12-31 | $0 |
| Total non interest bearing cash at end of year | 2019-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $2,984,117 |
| Value of net income/loss | 2019-12-31 | $2,984,117 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $25,634,886 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $25,634,886 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $22,650,769 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $22,650,769 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Investment advisory and management fees | 2019-12-31 | $34,024 |
| Investment advisory and management fees | 2019-12-31 | $34,024 |
| Interest earned on other investments | 2019-12-31 | $3,890 |
| Interest earned on other investments | 2019-12-31 | $3,890 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $25,135,474 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $22,194,319 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $22,194,319 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $234,570 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $234,570 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $188,760 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $188,760 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $188,760 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $188,760 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $4,148,983 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $4,148,983 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $3,749,082 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $3,749,082 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $2,361,480 |
| Contributions received in cash from employer | 2019-12-31 | $2,361,480 |
| Employer contributions (assets) at end of year | 2019-12-31 | $0 |
| Employer contributions (assets) at end of year | 2019-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm name | 2019-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2019-12-31 | 410746749 |
| Accountancy firm EIN | 2019-12-31 | 410746749 |
| 2018 : UPPER PENINSULA POWER COMPANY EMPLOYEE BENEFIT PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $4,663 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $22,265 |
| Total income from all sources (including contributions) | 2018-12-31 | $4,686,050 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $6,155,643 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $6,071,134 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $5,526,827 |
| Value of total assets at end of year | 2018-12-31 | $22,655,432 |
| Value of total assets at beginning of year | 2018-12-31 | $24,142,627 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $84,509 |
| Total interest from all sources | 2018-12-31 | $3,918 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Administrative expenses professional fees incurred | 2018-12-31 | $48,434 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $1,269,203 |
| Participant contributions at end of year | 2018-12-31 | $57,999 |
| Participant contributions at beginning of year | 2018-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $213,911 |
| Assets. Other investments not covered elsewhere at beginning of year | 2018-12-31 | $185 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $443 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $0 |
| Liabilities. Value of operating payables at end of year | 2018-12-31 | $4,663 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $22,265 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-1,469,593 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $22,650,769 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $24,120,362 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Investment advisory and management fees | 2018-12-31 | $36,075 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $0 |
| Interest earned on other investments | 2018-12-31 | $3,918 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $22,194,319 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $23,938,005 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $188,760 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $204,437 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $204,437 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $6,071,134 |
| Net investment gain or loss from common/collective trusts | 2018-12-31 | $-844,695 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $4,257,624 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2018-12-31 | 410746749 |
| 2017 : UPPER PENINSULA POWER COMPANY EMPLOYEE BENEFIT PLAN 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $6,497 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $6,497 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $22,265 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $14,660 |
| Total income from all sources (including contributions) | 2017-12-31 | $7,404,748 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $6,274,114 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $6,125,950 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $5,157,699 |
| Value of total assets at end of year | 2017-12-31 | $24,142,627 |
| Value of total assets at beginning of year | 2017-12-31 | $23,004,388 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $148,164 |
| Total interest from all sources | 2017-12-31 | $4,077 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Administrative expenses professional fees incurred | 2017-12-31 | $87,832 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $1,290,770 |
| Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $185 |
| Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $55 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $0 |
| Liabilities. Value of operating payables at end of year | 2017-12-31 | $22,265 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $14,660 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $1,130,634 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $24,120,362 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $22,989,728 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Investment advisory and management fees | 2017-12-31 | $60,332 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $166,552 |
| Interest earned on other investments | 2017-12-31 | $1,919 |
| Income. Interest from US Government securities | 2017-12-31 | $2,158 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $23,938,005 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $22,751,281 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $204,437 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $86,500 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $86,500 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $6,125,950 |
| Net investment gain or loss from common/collective trusts | 2017-12-31 | $2,236,475 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $3,866,929 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | SCHENCK, SC |
| Accountancy firm EIN | 2017-12-31 | 391173131 |
| 2016 : UPPER PENINSULA POWER COMPANY EMPLOYEE BENEFIT PLAN 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $-5,769 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $-5,769 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $14,660 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $22,170 |
| Total income from all sources (including contributions) | 2016-12-31 | $5,648,913 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $5,601,671 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $5,420,244 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $4,314,245 |
| Value of total assets at end of year | 2016-12-31 | $23,004,388 |
| Value of total assets at beginning of year | 2016-12-31 | $22,964,656 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $181,427 |
| Total interest from all sources | 2016-12-31 | $7,798 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Administrative expenses professional fees incurred | 2016-12-31 | $112,927 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $980,843 |
| Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $55 |
| Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $33 |
| Liabilities. Value of operating payables at end of year | 2016-12-31 | $14,660 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $22,170 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $47,242 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $22,989,728 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $22,942,486 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Investment advisory and management fees | 2016-12-31 | $68,500 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $166,552 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $165,349 |
| Interest earned on other investments | 2016-12-31 | $826 |
| Income. Interest from corporate debt instruments | 2016-12-31 | $6,972 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $22,751,281 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $22,583,975 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $86,500 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $215,299 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $215,299 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $5,420,244 |
| Net investment gain or loss from common/collective trusts | 2016-12-31 | $1,332,639 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $3,333,402 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | SCHENCK, SC |
| Accountancy firm EIN | 2016-12-31 | 391173131 |
| 2015 : UPPER PENINSULA POWER COMPANY EMPLOYEE BENEFIT PLAN 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $-803 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $-803 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $22,170 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $82,457 |
| Total income from all sources (including contributions) | 2015-12-31 | $4,330,106 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $6,044,446 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $5,907,479 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $4,445,822 |
| Value of total assets at end of year | 2015-12-31 | $22,964,656 |
| Value of total assets at beginning of year | 2015-12-31 | $24,739,283 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $136,967 |
| Total interest from all sources | 2015-12-31 | $7,051 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Administrative expenses professional fees incurred | 2015-12-31 | $82,351 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $898,743 |
| Participant contributions at end of year | 2015-12-31 | $0 |
| Participant contributions at beginning of year | 2015-12-31 | $154,847 |
| Assets. Other investments not covered elsewhere at end of year | 2015-12-31 | $33 |
| Assets. Other investments not covered elsewhere at beginning of year | 2015-12-31 | $0 |
| Liabilities. Value of operating payables at end of year | 2015-12-31 | $22,170 |
| Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $82,457 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $-1,714,340 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $22,942,486 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $24,656,826 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Investment advisory and management fees | 2015-12-31 | $54,616 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $165,349 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $232,199 |
| Interest earned on other investments | 2015-12-31 | $97 |
| Income. Interest from corporate debt instruments | 2015-12-31 | $6,954 |
| Value of interest in common/collective trusts at end of year | 2015-12-31 | $22,583,975 |
| Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $24,244,028 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $215,299 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $108,209 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $108,209 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $5,907,479 |
| Net investment gain or loss from common/collective trusts | 2015-12-31 | $-121,964 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $3,547,079 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | SCHENCK, SC |
| Accountancy firm EIN | 2015-12-31 | 391173131 |
| 2014 : UPPER PENINSULA POWER COMPANY EMPLOYEE BENEFIT PLAN 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $-660 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $-660 |
| Total transfer of assets to this plan | 2014-12-31 | $25,583,499 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $82,457 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $1,555,373 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $2,482,046 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $2,413,882 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $1,772,084 |
| Value of total assets at end of year | 2014-12-31 | $24,739,283 |
| Value of total assets at beginning of year | 2014-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $68,164 |
| Total interest from all sources | 2014-12-31 | $193,293 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Administrative expenses professional fees incurred | 2014-12-31 | $59,149 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $357,854 |
| Participant contributions at end of year | 2014-12-31 | $154,847 |
| Participant contributions at beginning of year | 2014-12-31 | $0 |
| Administrative expenses (other) incurred | 2014-12-31 | $76 |
| Liabilities. Value of operating payables at end of year | 2014-12-31 | $82,457 |
| Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $-926,673 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $24,656,826 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Investment advisory and management fees | 2014-12-31 | $8,939 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $232,199 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $0 |
| Interest earned on other investments | 2014-12-31 | $190,651 |
| Income. Interest from corporate debt instruments | 2014-12-31 | $2,642 |
| Value of interest in common/collective trusts at end of year | 2014-12-31 | $24,244,028 |
| Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $108,209 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2014-12-31 | $1,796,442 |
| Net investment gain or loss from common/collective trusts | 2014-12-31 | $-409,344 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $1,414,230 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $617,440 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | SCHENCK, SC |
| Accountancy firm EIN | 2014-12-31 | 391173131 |
