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MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 401k Plan overview

Plan NameMID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN
Plan identification number 526

MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Dental

401k Sponsoring company profile

MID CAROLINA ELECTRIC COOPERATIVE, INC. has sponsored the creation of one or more 401k plans.

Company Name:MID CAROLINA ELECTRIC COOPERATIVE, INC.
Employer identification number (EIN):570210417
NAIC Classification:221100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5262022-01-01
5262021-01-01
5262020-01-01
5262019-01-01
5262018-01-01
5262017-01-01JANICE CHEW
5262016-01-01JANICE CHEW
5262015-01-01JANICE CHEW
5262014-01-01JANICE CHEW
5262013-01-01JANICE CHEW
5262011-01-01BRIDGET FORD
5262010-01-01BRIDGET FORD
5262009-01-01BRIDGET FORD

Plan Statistics for MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN

401k plan membership statisitcs for MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN

Measure Date Value
2022: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0164
Number of retired or separated participants receiving benefits2022-01-0164
Total of all active and inactive participants2022-01-0164
Total participants2022-01-0164
2021: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0175
Number of retired or separated participants receiving benefits2021-01-0163
Total of all active and inactive participants2021-01-0163
Total participants2021-01-0163
2020: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0170
Number of retired or separated participants receiving benefits2020-01-0175
Total of all active and inactive participants2020-01-0175
Total participants2020-01-0175
2019: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0170
Number of retired or separated participants receiving benefits2019-01-0170
Total of all active and inactive participants2019-01-0170
Total participants2019-01-0170
2018: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0164
Number of retired or separated participants receiving benefits2018-01-0165
Total of all active and inactive participants2018-01-0165
Total participants2018-01-0165
2017: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0170
Number of retired or separated participants receiving benefits2017-01-0170
Total of all active and inactive participants2017-01-0170
Total participants2017-01-0170
2016: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0170
Total number of active participants reported on line 7a of the Form 55002016-01-0170
Total of all active and inactive participants2016-01-0170
Total participants2016-01-0170
2015: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0170
Number of retired or separated participants receiving benefits2015-01-0170
Total of all active and inactive participants2015-01-0170
Total participants2015-01-0170
2014: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0166
Number of retired or separated participants receiving benefits2014-01-0170
Total of all active and inactive participants2014-01-0170
Total participants2014-01-0170
2013: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0162
Number of retired or separated participants receiving benefits2013-01-0166
Total of all active and inactive participants2013-01-0166
Total participants2013-01-0166
2011: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0154
Total number of active participants reported on line 7a of the Form 55002011-01-0154
Total of all active and inactive participants2011-01-0154
Total participants2011-01-0154
2010: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0154
Number of retired or separated participants receiving benefits2010-01-0154
Total of all active and inactive participants2010-01-0154
Total participants2010-01-0154
2009: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0151
Total number of active participants reported on line 7a of the Form 55002009-01-010
Number of retired or separated participants receiving benefits2009-01-0154
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-0154
Total participants2009-01-0154

Financial Data on MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN

Measure Date Value
2022 : MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2022 401k financial data
Total income from all sources2022-12-31$-3,879,802
Expenses. Total of all expenses incurred2022-12-31$1,000,000
Benefits paid (including direct rollovers)2022-12-31$1,000,000
Total plan assets at end of year2022-12-31$18,610,273
Total plan assets at beginning of year2022-12-31$23,490,075
Value of fidelity bond covering the plan2022-12-31$500,000
Other income received2022-12-31$-4,708,133
Net income (gross income less expenses)2022-12-31$-4,879,802
Net plan assets at end of year (total assets less liabilities)2022-12-31$18,610,273
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$23,490,075
Total contributions received or receivable from employer(s)2022-12-31$828,331
2021 : MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2021 401k financial data
Total income from all sources2021-12-31$2,730,147
Expenses. Total of all expenses incurred2021-12-31$1,000,000
Benefits paid (including direct rollovers)2021-12-31$1,000,000
Total plan assets at end of year2021-12-31$23,490,074
Total plan assets at beginning of year2021-12-31$21,759,927
Value of fidelity bond covering the plan2021-12-31$500,000
Other income received2021-12-31$1,421,811
Net income (gross income less expenses)2021-12-31$1,730,147
Net plan assets at end of year (total assets less liabilities)2021-12-31$23,490,074
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$21,759,927
Total contributions received or receivable from employer(s)2021-12-31$1,308,336
2020 : MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2020 401k financial data
Total income from all sources2020-12-31$8,580,973
Expenses. Total of all expenses incurred2020-12-31$8,182,326
Benefits paid (including direct rollovers)2020-12-31$8,182,326
Total plan assets at end of year2020-12-31$21,759,927
Total plan assets at beginning of year2020-12-31$21,361,280
Value of fidelity bond covering the plan2020-12-31$500,000
Other income received2020-12-31$1,393,234
Net income (gross income less expenses)2020-12-31$398,647
Net plan assets at end of year (total assets less liabilities)2020-12-31$21,759,927
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$21,361,280
Total contributions received or receivable from employer(s)2020-12-31$7,187,739
2019 : MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2019 401k financial data
Total income from all sources2019-12-31$3,861,204
Expenses. Total of all expenses incurred2019-12-31$1,000,000
Benefits paid (including direct rollovers)2019-12-31$1,000,000
Total plan assets at end of year2019-12-31$21,361,280
Total plan assets at beginning of year2019-12-31$18,500,076
Value of fidelity bond covering the plan2019-12-31$500,000
Other income received2019-12-31$2,305,010
Net income (gross income less expenses)2019-12-31$2,861,204
Net plan assets at end of year (total assets less liabilities)2019-12-31$21,361,280
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$18,500,076
Total contributions received or receivable from employer(s)2019-12-31$1,556,194
2018 : MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2018 401k financial data
Total income from all sources2018-12-31$-1,139,719
Expenses. Total of all expenses incurred2018-12-31$1,500,000
Benefits paid (including direct rollovers)2018-12-31$1,500,000
Total plan assets at end of year2018-12-31$18,500,076
Total plan assets at beginning of year2018-12-31$21,139,795
Value of fidelity bond covering the plan2018-12-31$500,000
Other income received2018-12-31$-2,648,795
Net income (gross income less expenses)2018-12-31$-2,639,719
Net plan assets at end of year (total assets less liabilities)2018-12-31$18,500,076
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$21,139,795
Total contributions received or receivable from employer(s)2018-12-31$1,509,076
2017 : MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2017 401k financial data
Total income from all sources2017-12-31$3,163,506
Expenses. Total of all expenses incurred2017-12-31$0
Benefits paid (including direct rollovers)2017-12-31$0
Total plan assets at end of year2017-12-31$21,139,795
Total plan assets at beginning of year2017-12-31$17,976,289
Value of fidelity bond covering the plan2017-12-31$500,000
Other income received2017-12-31$2,398,640
Net income (gross income less expenses)2017-12-31$3,163,506
Net plan assets at end of year (total assets less liabilities)2017-12-31$21,139,795
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$17,976,289
Total contributions received or receivable from employer(s)2017-12-31$764,866
2016 : MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2016 401k financial data
Total income from all sources2016-12-31$1,353,913
Expenses. Total of all expenses incurred2016-12-31$0
Total plan assets at end of year2016-12-31$17,976,289
Total plan assets at beginning of year2016-12-31$16,622,376
Value of fidelity bond covering the plan2016-12-31$500,000
Other income received2016-12-31$766,647
Net income (gross income less expenses)2016-12-31$1,353,913
Net plan assets at end of year (total assets less liabilities)2016-12-31$17,976,289
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$16,622,376
Total contributions received or receivable from employer(s)2016-12-31$587,266
2015 : MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2015 401k financial data
Total income from all sources2015-12-31$3,933,869
Expenses. Total of all expenses incurred2015-12-31$5,712,314
Benefits paid (including direct rollovers)2015-12-31$5,712,314
Total plan assets at end of year2015-12-31$16,622,376
Total plan assets at beginning of year2015-12-31$18,400,821
Value of fidelity bond covering the plan2015-12-31$500,000
Other income received2015-12-31$-873,195
Net income (gross income less expenses)2015-12-31$-1,778,445
Net plan assets at end of year (total assets less liabilities)2015-12-31$16,622,376
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$18,400,821
Total contributions received or receivable from employer(s)2015-12-31$4,807,064
2014 : MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2014 401k financial data
Total income from all sources2014-12-31$1,464,438
Expenses. Total of all expenses incurred2014-12-31$1,600,000
Benefits paid (including direct rollovers)2014-12-31$1,600,000
Total plan assets at end of year2014-12-31$18,400,821
Total plan assets at beginning of year2014-12-31$18,536,383
Value of fidelity bond covering the plan2014-12-31$500,000
Other income received2014-12-31$1,160,393
Net income (gross income less expenses)2014-12-31$-135,562
Net plan assets at end of year (total assets less liabilities)2014-12-31$18,400,821
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$18,536,383
Total contributions received or receivable from employer(s)2014-12-31$304,045
2013 : MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2013 401k financial data
Total income from all sources2013-12-31$3,494,369
Expenses. Total of all expenses incurred2013-12-31$0
Total plan assets at end of year2013-12-31$18,536,382
Total plan assets at beginning of year2013-12-31$15,042,013
Value of fidelity bond covering the plan2013-12-31$500,000
Other income received2013-12-31$3,230,259
Net income (gross income less expenses)2013-12-31$3,494,369
Net plan assets at end of year (total assets less liabilities)2013-12-31$18,536,382
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$15,042,013
Total contributions received or receivable from employer(s)2013-12-31$264,110
2011 : MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2011 401k financial data
Total income from all sources2011-12-31$308,617
Expenses. Total of all expenses incurred2011-12-31$300,892
Total plan assets at end of year2011-12-31$13,489,587
Total plan assets at beginning of year2011-12-31$13,481,862
Value of fidelity bond covering the plan2011-12-31$500,000
Expenses. Other expenses not covered elsewhere2011-12-31$300,892
Net income (gross income less expenses)2011-12-31$7,725
Net plan assets at end of year (total assets less liabilities)2011-12-31$13,489,587
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$13,481,862
Total contributions received or receivable from employer(s)2011-12-31$308,617
2010 : MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2010 401k financial data
Total income from all sources2010-12-31$1,436,587
Total plan assets at end of year2010-12-31$13,481,863
Total plan assets at beginning of year2010-12-31$12,045,276
Value of fidelity bond covering the plan2010-12-31$500,000
Other income received2010-12-31$1,436,587
Net income (gross income less expenses)2010-12-31$1,436,587
Net plan assets at end of year (total assets less liabilities)2010-12-31$13,481,863
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$12,045,276

Form 5500 Responses for MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN

2022: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2022-01-01Plan benefit arrangement – General assets of the sponsorYes
2021: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2021-01-01Plan benefit arrangement – General assets of the sponsorYes
2020: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2020-01-01Plan benefit arrangement – General assets of the sponsorYes
2019: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2019-01-01Plan benefit arrangement – General assets of the sponsorYes
2018: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan funding arrangement – General assets of the sponsorYes
2018-01-01Plan benefit arrangement - TrustYes
2018-01-01Plan benefit arrangement – General assets of the sponsorYes
2017: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2011: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: MID CAROLINA ELECTRIC COOPERATIVE, INC. RETIREE WELFARE BENEFIT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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