NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN
| Measure | Date | Value |
|---|
| 2018 : NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-11-14 | $-84,138 |
| Total unrealized appreciation/depreciation of assets | 2018-11-14 | $-84,138 |
| Total transfer of assets to this plan | 2018-11-14 | $698,471 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-11-14 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-11-14 | $0 |
| Total income from all sources (including contributions) | 2018-11-14 | $7,812,067 |
| Total loss/gain on sale of assets | 2018-11-14 | $0 |
| Total of all expenses incurred | 2018-11-14 | $24,067,940 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-11-14 | $23,971,677 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-11-14 | $7,666,000 |
| Value of total assets at end of year | 2018-11-14 | $0 |
| Value of total assets at beginning of year | 2018-11-14 | $15,557,402 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-11-14 | $96,263 |
| Total interest from all sources | 2018-11-14 | $230,205 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-11-14 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-11-14 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2018-11-14 | $0 |
| Assets. Real estate other than employer real property at end of year | 2018-11-14 | $0 |
| Assets. Real estate other than employer real property at beginning of year | 2018-11-14 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2018-11-14 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2018-11-14 | $0 |
| Was this plan covered by a fidelity bond | 2018-11-14 | Yes |
| Value of fidelity bond cover | 2018-11-14 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2018-11-14 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-11-14 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-11-14 | No |
| Contributions received from participants | 2018-11-14 | $0 |
| Participant contributions at end of year | 2018-11-14 | $0 |
| Participant contributions at end of year | 2018-11-14 | $0 |
| Participant contributions at beginning of year | 2018-11-14 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2018-11-14 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2018-11-14 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-11-14 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-11-14 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-11-14 | $88,069 |
| Assets. Loans (other than to participants) at end of year | 2018-11-14 | $0 |
| Assets. Loans (other than to participants) at beginning of year | 2018-11-14 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-11-14 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-11-14 | $0 |
| Liabilities. Value of operating payables at end of year | 2018-11-14 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2018-11-14 | $0 |
| Total non interest bearing cash at end of year | 2018-11-14 | $0 |
| Total non interest bearing cash at beginning of year | 2018-11-14 | $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 | 2018-11-14 | No |
| Income. Non cash contributions | 2018-11-14 | $0 |
| Value of net income/loss | 2018-11-14 | $-16,255,873 |
| Value of net assets at end of year (total assets less liabilities) | 2018-11-14 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-11-14 | $15,557,402 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-11-14 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-11-14 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-11-14 | No |
| Assets. partnership/joint venture interests at end of year | 2018-11-14 | $0 |
| Assets. partnership/joint venture interests at beginning of year | 2018-11-14 | $0 |
| Investment advisory and management fees | 2018-11-14 | $96,263 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-11-14 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-11-14 | $180,984 |
| Value of interest in pooled separate accounts at end of year | 2018-11-14 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2018-11-14 | $0 |
| Value of interest in master investment trust accounts at end of year | 2018-11-14 | $0 |
| Value of interest in master investment trust accounts at beginning of year | 2018-11-14 | $0 |
| Value of interest in common/collective trusts at end of year | 2018-11-14 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2018-11-14 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-11-14 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-11-14 | $3,457,885 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-11-14 | $3,457,885 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-11-14 | $230,205 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2018-11-14 | $0 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2018-11-14 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-11-14 | $822,968 |
| Asset value of US Government securities at end of year | 2018-11-14 | $0 |
| Asset value of US Government securities at beginning of year | 2018-11-14 | $1,623,910 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-11-14 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2018-11-14 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-11-14 | No |
| Assets. Invements in employer securities at end of year | 2018-11-14 | $0 |
| Assets. Invements in employer securities at beginning of year | 2018-11-14 | $0 |
| Assets. Value of employer real property at end of year | 2018-11-14 | $0 |
| Assets. Value of employer real property at beginning of year | 2018-11-14 | $0 |
| Contributions received in cash from employer | 2018-11-14 | $7,666,000 |
| Employer contributions (assets) at end of year | 2018-11-14 | $0 |
| Employer contributions (assets) at beginning of year | 2018-11-14 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-11-14 | $23,148,709 |
| Asset. Corporate debt instrument preferred debt at end of year | 2018-11-14 | $0 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2018-11-14 | $1,094,588 |
| Asset. Corporate debt instrument debt (other) at end of year | 2018-11-14 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2018-11-14 | $1,113,898 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2018-11-14 | $0 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-11-14 | $7,998,068 |
| Liabilities. Value of benefit claims payable at end of year | 2018-11-14 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-11-14 | $0 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2018-11-14 | $0 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2018-11-14 | $0 |
| Did the plan have assets held for investment | 2018-11-14 | 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 | 2018-11-14 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-11-14 | Yes |
| Liabilities. Value of acquisition indebtedness at end of year | 2018-11-14 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2018-11-14 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-11-14 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-11-14 | Disclaimer |
| Accountancy firm name | 2018-11-14 | JACKSON THORNTON & CO, P.C. |
| Accountancy firm EIN | 2018-11-14 | 631035228 |
| 2017 : NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total transfer of assets to this plan | 2017-12-31 | $176,561 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
| Total income from all sources (including contributions) | 2017-12-31 | $5,225,267 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $4,228,686 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $4,102,135 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $3,600,000 |
| Value of total assets at end of year | 2017-12-31 | $15,557,402 |
| Value of total assets at beginning of year | 2017-12-31 | $14,384,260 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $126,551 |
| Total interest from all sources | 2017-12-31 | $97,566 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $154,427 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $13,192 |
| Assets. Real estate other than employer real property at end of year | 2017-12-31 | $0 |
| Assets. Real estate other than employer real property at beginning of year | 2017-12-31 | $0 |
| Administrative expenses professional fees incurred | 2017-12-31 | $126,551 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2017-12-31 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2017-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Participant contributions at end of year | 2017-12-31 | $0 |
| Participant contributions at beginning of year | 2017-12-31 | $0 |
| Participant contributions at end of year | 2017-12-31 | $0 |
| Participant contributions at beginning of year | 2017-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $88,069 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $0 |
| Assets. Loans (other than to participants) at end of year | 2017-12-31 | $0 |
| Assets. Loans (other than to participants) at beginning of year | 2017-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $0 |
| Other income not declared elsewhere | 2017-12-31 | $4,699 |
| Liabilities. Value of operating payables at end of year | 2017-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $0 |
| Total non interest bearing cash at end of year | 2017-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $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 | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $996,581 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $15,557,402 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $14,384,260 |
| 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 |
| Assets. partnership/joint venture interests at end of year | 2017-12-31 | $0 |
| Assets. partnership/joint venture interests at beginning of year | 2017-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $180,984 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $182,552 |
| Value of interest in pooled separate accounts at end of year | 2017-12-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $0 |
| Income. Interest from US Government securities | 2017-12-31 | $8,597 |
| Income. Interest from corporate debt instruments | 2017-12-31 | $74,829 |
| Value of interest in master investment trust accounts at end of year | 2017-12-31 | $0 |
| Value of interest in master investment trust accounts at beginning of year | 2017-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $3,457,885 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $4,603,859 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $4,603,859 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $14,140 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2017-12-31 | $0 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2017-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $0 |
| Asset value of US Government securities at end of year | 2017-12-31 | $1,623,910 |
| Asset value of US Government securities at beginning of year | 2017-12-31 | $1,094,232 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $1,368,575 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| 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 |
| Assets. Invements in employer securities at end of year | 2017-12-31 | $0 |
| Assets. Invements in employer securities at beginning of year | 2017-12-31 | $0 |
| Assets. Value of employer real property at end of year | 2017-12-31 | $0 |
| Assets. Value of employer real property at beginning of year | 2017-12-31 | $0 |
| Contributions received in cash from employer | 2017-12-31 | $3,600,000 |
| Employer contributions (assets) at end of year | 2017-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $0 |
| Income. Dividends from common stock | 2017-12-31 | $141,235 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $4,102,135 |
| Asset. Corporate debt instrument preferred debt at end of year | 2017-12-31 | $1,094,588 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2017-12-31 | $1,117,314 |
| Asset. Corporate debt instrument debt (other) at end of year | 2017-12-31 | $1,113,898 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2017-12-31 | $1,396,974 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2017-12-31 | $7,998,068 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2017-12-31 | $5,989,329 |
| Liabilities. Value of benefit claims payable at end of year | 2017-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $0 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2017-12-31 | $0 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2017-12-31 | $0 |
| 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 |
| Liabilities. Value of acquisition indebtedness at end of year | 2017-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2017-12-31 | $0 |
| 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 | JACKSON THORNTON & CO., P.C. |
| Accountancy firm EIN | 2017-12-31 | 631035228 |
| 2016 : NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN 2016 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $2,910,399 |
| Total of all expenses incurred | 2016-12-31 | $1,420,584 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $1,362,687 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $2,713,597 |
| Value of total assets at end of year | 2016-12-31 | $14,384,260 |
| Value of total assets at beginning of year | 2016-12-31 | $12,894,445 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $57,897 |
| Total interest from all sources | 2016-12-31 | $196,802 |
| 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 |
| Assets. Real estate other than employer real property at end of year | 2016-12-31 | $0 |
| Assets. Real estate other than employer real property at beginning of year | 2016-12-31 | $0 |
| Administrative expenses professional fees incurred | 2016-12-31 | $57,897 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2016-12-31 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2016-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Participant contributions at end of year | 2016-12-31 | $0 |
| Participant contributions at beginning of year | 2016-12-31 | $0 |
| Participant contributions at end of year | 2016-12-31 | $0 |
| Participant contributions at beginning of year | 2016-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $0 |
| Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $0 |
| Assets. Loans (other than to participants) at end of year | 2016-12-31 | $0 |
| Assets. Loans (other than to participants) at beginning of year | 2016-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $0 |
| Liabilities. Value of operating payables at end of year | 2016-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $0 |
| Total non interest bearing cash at end of year | 2016-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $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 | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $1,489,815 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $14,384,260 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $12,894,445 |
| 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 |
| Assets. partnership/joint venture interests at end of year | 2016-12-31 | $0 |
| Assets. partnership/joint venture interests at beginning of year | 2016-12-31 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $14,384,260 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $12,894,445 |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $0 |
| Value of interest in master investment trust accounts at end of year | 2016-12-31 | $0 |
| Value of interest in master investment trust accounts at beginning of year | 2016-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $196,802 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2016-12-31 | $0 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2016-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $0 |
| Asset value of US Government securities at end of year | 2016-12-31 | $0 |
| Asset value of US Government securities at beginning of year | 2016-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| 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 |
| Assets. Invements in employer securities at end of year | 2016-12-31 | $0 |
| Assets. Invements in employer securities at beginning of year | 2016-12-31 | $0 |
| Assets. Value of employer real property at end of year | 2016-12-31 | $0 |
| Assets. Value of employer real property at beginning of year | 2016-12-31 | $0 |
| Contributions received in cash from employer | 2016-12-31 | $2,713,597 |
| Employer contributions (assets) at end of year | 2016-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $0 |
| Income. Dividends from preferred stock | 2016-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $1,362,687 |
| Asset. Corporate debt instrument preferred debt at end of year | 2016-12-31 | $0 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2016-12-31 | $0 |
| Asset. Corporate debt instrument debt (other) at end of year | 2016-12-31 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2016-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2016-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-12-31 | $0 |
| Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $0 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $0 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2016-12-31 | $0 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2016-12-31 | $0 |
| 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 |
| Liabilities. Value of acquisition indebtedness at end of year | 2016-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2016-12-31 | $0 |
| 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 | HENDERSON,HUTCHERSON & MCCULLOUGH,P |
| Accountancy firm EIN | 2016-12-31 | 621114363 |
| 2015 : NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $3,091 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $3,091 |
| Total transfer of assets to this plan | 2015-12-31 | $12,345,723 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $2,170,750 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $1,622,028 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $1,622,028 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $2,167,659 |
| Value of total assets at end of year | 2015-12-31 | $12,894,445 |
| Value of total assets at beginning of year | 2015-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $0 |
| Total interest from all sources | 2015-12-31 | $0 |
| 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 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $12,345,723 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $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 | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $548,722 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $12,894,445 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $0 |
| 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 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $548,722 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| 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 | $2,167,659 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $1,622,028 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2015-12-31 | No |
| 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 | HENDERSON,HUTCHERSON & MCCULLOUGH,P |
| Accountancy firm EIN | 2015-12-31 | 621114363 |
