401k Plan data: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN plan

WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 401k Plan overview

Plan Name	WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN
Plan identification number	001

WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

WHITE RIVER ELECTRIC ASSOCIATION INC has sponsored the creation of one or more 401k plans.

Company Name: WHITE RIVER ELECTRIC ASSOCIATION INC

Employer identification number (EIN): 840372091

NAIC Classification: 221100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-09-01
001 2021-09-01 DALE DUNBAR 2023-01-10 DALE DUNBAR 2023-01-10
001 2020-09-01 DALE DUNBAR 2022-01-10 DALE DUNBAR 2022-01-10
001 2019-09-01 DALE DUNBAR 2020-12-03 DALE DUNBAR 2020-12-03
001 2018-09-01 DALE DUNBAR 2020-03-17 DALE DUNBAR 2020-03-17
001 2017-09-01 DALE DUNBAR 2019-03-14 DALE DUNBAR 2019-03-14
001 2016-09-01 DALE DUNBAR 2018-03-26
001 2015-09-01 DALE DUNBAR 2017-03-27 DALE DUNBAR 2017-03-27
001 2014-09-01 DALE DUNBAR 2016-03-16
001 2013-09-01 DALE DUNBAR 2015-03-26
001 2012-09-01 DALE DUNBAR 2014-03-25 DALE DUNBAR 2014-03-25
001 2011-09-01 DALE DUNBAR 2013-03-04 DALE DUNBAR 2013-03-06
001 2010-09-01 DALE DUNBAR 2012-03-06 DALE DUNBAR 2012-03-06

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-09-01
001	2021-09-01	DALE DUNBAR	2023-01-10	DALE DUNBAR	2023-01-10
001	2020-09-01	DALE DUNBAR	2022-01-10	DALE DUNBAR	2022-01-10
001	2019-09-01	DALE DUNBAR	2020-12-03	DALE DUNBAR	2020-12-03
001	2018-09-01	DALE DUNBAR	2020-03-17	DALE DUNBAR	2020-03-17
001	2017-09-01	DALE DUNBAR	2019-03-14	DALE DUNBAR	2019-03-14
001	2016-09-01	DALE DUNBAR	2018-03-26
001	2015-09-01	DALE DUNBAR	2017-03-27	DALE DUNBAR	2017-03-27
001	2014-09-01	DALE DUNBAR	2016-03-16
001	2013-09-01	DALE DUNBAR	2015-03-26
001	2012-09-01	DALE DUNBAR	2014-03-25	DALE DUNBAR	2014-03-25
001	2011-09-01	DALE DUNBAR	2013-03-04	DALE DUNBAR	2013-03-06
001	2010-09-01	DALE DUNBAR	2012-03-06	DALE DUNBAR	2012-03-06

Plan Statistics for WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN

401k plan membership statisitcs for WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN

Measure Date Value
2023: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 2023 401k membership
Market value of plan assets 2023-08-31 8,739,802
Acturial value of plan assets 2023-08-31 8,739,802
Funding target for retired participants and beneficiaries receiving payment 2023-08-31 2,365,765
Number of terminated vested participants 2023-08-31 5
Fundng target for terminated vested participants 2023-08-31 192,428
Active participant vested funding target 2023-08-31 6,467,831
Number of active participants 2023-08-31 28
Total funding liabilities for active participants 2023-08-31 6,504,854
Total participant count 2023-08-31 41
Total funding target for all participants 2023-08-31 9,063,047
Balance at beginning of prior year after applicable adjustments 2023-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2023-08-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2023-08-31 0
Prefunding balanced used to offset prior years funding requirement 2023-08-31 0
Amount remaining of carryover balance 2023-08-31 0
Amount remaining of prefunding balance 2023-08-31 0
Present value of excess contributions 2023-08-31 200,521
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2023-08-31 210,667
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2023-08-31 210,667
Reductions in prefunding balances due to elections or deemed elections 2023-08-31 210,667
Balance of carryovers at beginning of current year 2023-08-31 0
Balance of prefunding at beginning of current year 2023-08-31 0
Total employer contributions 2023-08-31 1,803,657
Total employee contributions 2023-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2023-08-31 1,753,758
Liquidity shortfalls end of Q1 2023-08-31 0
Liquidity shortfalls end of Q2 2023-08-31 0
Liquidity shortfalls end of Q3 2023-08-31 0
Liquidity shortfalls end of Q4 2023-08-31 0
Remaining amount of unpaid minimum required contributions 2023-08-31 0
Minimum required contributions for current year target normal cost 2023-08-31 629,465
Net shortfall amortization installment of oustanding balance 2023-08-31 323,245
Total funding amount beforereflecting carryover/prefunding balances 2023-08-31 659,337
Additional cash requirement 2023-08-31 659,337
Contributions allocatedtoward minimum required contributions for current year 2023-08-31 1,753,758
Unpaid minimum required contributions for current year 2023-08-31 0
Unpaid minimum required contributions for all years 2023-08-31 0
2022: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 2022 401k membership
Market value of plan assets 2022-08-31 10,714,998
Acturial value of plan assets 2022-08-31 10,714,998
Funding target for retired participants and beneficiaries receiving payment 2022-08-31 2,444,025
Number of terminated vested participants 2022-08-31 6
Fundng target for terminated vested participants 2022-08-31 271,383
Active participant vested funding target 2022-08-31 8,368,821
Number of active participants 2022-08-31 30
Total funding liabilities for active participants 2022-08-31 8,398,443
Total participant count 2022-08-31 43
Total funding target for all participants 2022-08-31 11,113,851
Balance at beginning of prior year after applicable adjustments 2022-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-08-31 572,882
Carryover balanced portion elected for use to offset prior years funding requirement 2022-08-31 0
Prefunding balanced used to offset prior years funding requirement 2022-08-31 0
Amount remaining of carryover balance 2022-08-31 0
Amount remaining of prefunding balance 2022-08-31 572,882
Present value of excess contributions 2022-08-31 350,300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-08-31 369,531
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-08-31 369,531
Reductions in caryover balances due to elections or deemed elections 2022-08-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-08-31 965,328
Balance of carryovers at beginning of current year 2022-08-31 0
Balance of prefunding at beginning of current year 2022-08-31 0
Total employer contributions 2022-08-31 1,088,712
Total employee contributions 2022-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-08-31 1,062,171
Liquidity shortfalls end of Q1 2022-08-31 0
Liquidity shortfalls end of Q2 2022-08-31 0
Liquidity shortfalls end of Q3 2022-08-31 0
Liquidity shortfalls end of Q4 2022-08-31 0
Remaining amount of unpaid minimum required contributions 2022-08-31 0
Minimum required contributions for current year target normal cost 2022-08-31 797,685
Net shortfall amortization installment of oustanding balance 2022-08-31 398,853
Total funding amount beforereflecting carryover/prefunding balances 2022-08-31 861,650
Additional cash requirement 2022-08-31 861,650
Contributions allocatedtoward minimum required contributions for current year 2022-08-31 1,062,171
Unpaid minimum required contributions for current year 2022-08-31 0
Unpaid minimum required contributions for all years 2022-08-31 0
2021: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 2021 401k membership
Market value of plan assets 2021-08-31 11,207,546
Acturial value of plan assets 2021-08-31 11,207,546
Funding target for retired participants and beneficiaries receiving payment 2021-08-31 2,406,112
Number of terminated vested participants 2021-08-31 6
Fundng target for terminated vested participants 2021-08-31 233,297
Active participant vested funding target 2021-08-31 7,957,599
Number of active participants 2021-08-31 32
Total funding liabilities for active participants 2021-08-31 7,995,255
Total participant count 2021-08-31 45
Total funding target for all participants 2021-08-31 10,634,664
Balance at beginning of prior year after applicable adjustments 2021-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-08-31 591,963
Carryover balanced portion elected for use to offset prior years funding requirement 2021-08-31 0
Prefunding balanced used to offset prior years funding requirement 2021-08-31 0
Amount remaining of carryover balance 2021-08-31 0
Amount remaining of prefunding balance 2021-08-31 591,963
Present value of excess contributions 2021-08-31 374,636
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-08-31 395,803
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-08-31 395,803
Reductions in prefunding balances due to elections or deemed elections 2021-08-31 438,563
Balance of carryovers at beginning of current year 2021-08-31 0
Balance of prefunding at beginning of current year 2021-08-31 572,882
Total employer contributions 2021-08-31 1,088,712
Total employee contributions 2021-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-08-31 1,059,545
Remaining amount of unpaid minimum required contributions 2021-08-31 0
Minimum required contributions for current year target normal cost 2021-08-31 709,245
Total funding amount beforereflecting carryover/prefunding balances 2021-08-31 709,245
Additional cash requirement 2021-08-31 709,245
Contributions allocatedtoward minimum required contributions for current year 2021-08-31 1,059,545
Unpaid minimum required contributions for current year 2021-08-31 0
Unpaid minimum required contributions for all years 2021-08-31 0
2020: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 2020 401k membership
Market value of plan assets 2020-08-31 9,929,401
Acturial value of plan assets 2020-08-31 9,929,401
Funding target for retired participants and beneficiaries receiving payment 2020-08-31 2,420,676
Number of terminated vested participants 2020-08-31 6
Fundng target for terminated vested participants 2020-08-31 216,666
Active participant vested funding target 2020-08-31 6,658,430
Number of active participants 2020-08-31 30
Total funding liabilities for active participants 2020-08-31 6,700,096
Total participant count 2020-08-31 43
Total funding target for all participants 2020-08-31 9,337,438
Balance at beginning of prior year after applicable adjustments 2020-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-08-31 950,706
Carryover balanced portion elected for use to offset prior years funding requirement 2020-08-31 0
Prefunding balanced used to offset prior years funding requirement 2020-08-31 0
Amount remaining of carryover balance 2020-08-31 0
Amount remaining of prefunding balance 2020-08-31 950,706
Present value of excess contributions 2020-08-31 138,095
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-08-31 146,160
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-08-31 146,160
Reductions in caryover balances due to elections or deemed elections 2020-08-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-08-31 542,931
Balance of carryovers at beginning of current year 2020-08-31 0
Balance of prefunding at beginning of current year 2020-08-31 591,963
Total employer contributions 2020-08-31 1,088,712
Total employee contributions 2020-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-08-31 1,057,325
Remaining amount of unpaid minimum required contributions 2020-08-31 0
Minimum required contributions for current year target normal cost 2020-08-31 682,689
Total funding amount beforereflecting carryover/prefunding balances 2020-08-31 682,689
Carryover balance elected to use to offset funding requirement 2020-08-31 0
Prefunding balance elected to use to offset funding requirement 2020-08-31 0
Additional cash requirement 2020-08-31 682,689
Contributions allocatedtoward minimum required contributions for current year 2020-08-31 1,057,325
Unpaid minimum required contributions for current year 2020-08-31 0
Unpaid minimum required contributions for all years 2020-08-31 0
2019: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 2019 401k membership
Market value of plan assets 2019-08-31 9,069,567
Acturial value of plan assets 2019-08-31 9,069,567
Funding target for retired participants and beneficiaries receiving payment 2019-08-31 1,215,390
Number of terminated vested participants 2019-08-31 5
Fundng target for terminated vested participants 2019-08-31 621,499
Active participant vested funding target 2019-08-31 6,202,317
Number of active participants 2019-08-31 35
Total funding liabilities for active participants 2019-08-31 6,281,972
Total participant count 2019-08-31 45
Total funding target for all participants 2019-08-31 8,118,861
Balance at beginning of prior year after applicable adjustments 2019-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-08-31 1,217,575
Amount remaining of carryover balance 2019-08-31 0
Amount remaining of prefunding balance 2019-08-31 1,217,575
Present value of excess contributions 2019-08-31 156,797
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-08-31 166,252
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-08-31 166,252
Reductions in prefunding balances due to elections or deemed elections 2019-08-31 481,824
Balance of carryovers at beginning of current year 2019-08-31 0
Balance of prefunding at beginning of current year 2019-08-31 950,706
Total employer contributions 2019-08-31 780,000
Total employee contributions 2019-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-08-31 757,820
Remaining amount of unpaid minimum required contributions 2019-08-31 0
Minimum required contributions for current year target normal cost 2019-08-31 619,725
Total funding amount beforereflecting carryover/prefunding balances 2019-08-31 619,725
Additional cash requirement 2019-08-31 619,725
Contributions allocatedtoward minimum required contributions for current year 2019-08-31 757,820
Unpaid minimum required contributions for current year 2019-08-31 0
Unpaid minimum required contributions for all years 2019-08-31 0
2018: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 2018 401k membership
Market value of plan assets 2018-08-31 8,079,379
Acturial value of plan assets 2018-08-31 8,079,376
Funding target for retired participants and beneficiaries receiving payment 2018-08-31 1,181,399
Number of terminated vested participants 2018-08-31 4
Fundng target for terminated vested participants 2018-08-31 96,788
Active participant vested funding target 2018-08-31 5,485,950
Number of active participants 2018-08-31 36
Total funding liabilities for active participants 2018-08-31 5,583,614
Total participant count 2018-08-31 45
Total funding target for all participants 2018-08-31 6,861,801
Balance at beginning of prior year after applicable adjustments 2018-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-08-31 1,242,238
Amount remaining of carryover balance 2018-08-31 0
Amount remaining of prefunding balance 2018-08-31 1,242,238
Present value of excess contributions 2018-08-31 248,165
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-08-31 263,601
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-08-31 263,601
Reductions in prefunding balances due to elections or deemed elections 2018-08-31 337,954
Balance of carryovers at beginning of current year 2018-08-31 0
Balance of prefunding at beginning of current year 2018-08-31 1,217,575
Total employer contributions 2018-08-31 780,000
Total employee contributions 2018-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-08-31 757,774
Unpaid minimum required contributions for all prior years 2018-08-31 0
Remaining amount of unpaid minimum required contributions 2018-08-31 0
Minimum required contributions for current year target normal cost 2018-08-31 600,977
Net shortfall amortization installment of oustanding balance 2018-08-31 0
Waiver amortization installment 2018-08-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-08-31 600,977
Additional cash requirement 2018-08-31 600,977
Contributions allocatedtoward minimum required contributions for current year 2018-08-31 757,774
Unpaid minimum required contributions for current year 2018-08-31 0
Unpaid minimum required contributions for all years 2018-08-31 0
2017: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 2017 401k membership
Market value of plan assets 2017-08-31 7,127,308
Acturial value of plan assets 2017-08-31 7,127,308
Funding target for retired participants and beneficiaries receiving payment 2017-08-31 1,183,351
Number of terminated vested participants 2017-08-31 4
Fundng target for terminated vested participants 2017-08-31 87,714
Active participant vested funding target 2017-08-31 4,506,726
Number of active participants 2017-08-31 36
Total funding liabilities for active participants 2017-08-31 4,614,005
Total participant count 2017-08-31 45
Total funding target for all participants 2017-08-31 5,885,070
Balance at beginning of prior year after applicable adjustments 2017-08-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-08-31 1,170,218
Carryover balanced portion elected for use to offset prior years funding requirement 2017-08-31 0
Prefunding balanced used to offset prior years funding requirement 2017-08-31 0
Amount remaining of carryover balance 2017-08-31 0
Amount remaining of prefunding balance 2017-08-31 1,170,218
Present value of excess contributions 2017-08-31 331,361
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-08-31 352,601
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-08-31 352,601
Reductions in caryover balances due to elections or deemed elections 2017-08-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-08-31 327,390
Balance of carryovers at beginning of current year 2017-08-31 0
Balance of prefunding at beginning of current year 2017-08-31 1,242,238
Total employer contributions 2017-08-31 780,000
Total employee contributions 2017-08-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-08-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-08-31 757,047
Unpaid minimum required contributions for all prior years 2017-08-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-08-31 0
Remaining amount of unpaid minimum required contributions 2017-08-31 0
Minimum required contributions for current year target normal cost 2017-08-31 508,882
Net shortfall amortization installment of oustanding balance 2017-08-31 0
Waiver amortization installment 2017-08-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-08-31 508,882
Additional cash requirement 2017-08-31 508,882
Contributions allocatedtoward minimum required contributions for current year 2017-08-31 757,047
Unpaid minimum required contributions for current year 2017-08-31 0
Unpaid minimum required contributions for all years 2017-08-31 0

Measure	Date	Value
2023: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 2023 401k membership
Market value of plan assets	2023-08-31	8,739,802
Acturial value of plan assets	2023-08-31	8,739,802
Funding target for retired participants and beneficiaries receiving payment	2023-08-31	2,365,765
Number of terminated vested participants	2023-08-31	5
Fundng target for terminated vested participants	2023-08-31	192,428
Active participant vested funding target	2023-08-31	6,467,831
Number of active participants	2023-08-31	28
Total funding liabilities for active participants	2023-08-31	6,504,854
Total participant count	2023-08-31	41
Total funding target for all participants	2023-08-31	9,063,047
Balance at beginning of prior year after applicable adjustments	2023-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2023-08-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2023-08-31	0
Prefunding balanced used to offset prior years funding requirement	2023-08-31	0
Amount remaining of carryover balance	2023-08-31	0
Amount remaining of prefunding balance	2023-08-31	0
Present value of excess contributions	2023-08-31	200,521
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2023-08-31	210,667
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2023-08-31	210,667
Reductions in prefunding balances due to elections or deemed elections	2023-08-31	210,667
Balance of carryovers at beginning of current year	2023-08-31	0
Balance of prefunding at beginning of current year	2023-08-31	0
Total employer contributions	2023-08-31	1,803,657
Total employee contributions	2023-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2023-08-31	1,753,758
Liquidity shortfalls end of Q1	2023-08-31	0
Liquidity shortfalls end of Q2	2023-08-31	0
Liquidity shortfalls end of Q3	2023-08-31	0
Liquidity shortfalls end of Q4	2023-08-31	0
Remaining amount of unpaid minimum required contributions	2023-08-31	0
Minimum required contributions for current year target normal cost	2023-08-31	629,465
Net shortfall amortization installment of oustanding balance	2023-08-31	323,245
Total funding amount beforereflecting carryover/prefunding balances	2023-08-31	659,337
Additional cash requirement	2023-08-31	659,337
Contributions allocatedtoward minimum required contributions for current year	2023-08-31	1,753,758
Unpaid minimum required contributions for current year	2023-08-31	0
Unpaid minimum required contributions for all years	2023-08-31	0
2022: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 2022 401k membership
Market value of plan assets	2022-08-31	10,714,998
Acturial value of plan assets	2022-08-31	10,714,998
Funding target for retired participants and beneficiaries receiving payment	2022-08-31	2,444,025
Number of terminated vested participants	2022-08-31	6
Fundng target for terminated vested participants	2022-08-31	271,383
Active participant vested funding target	2022-08-31	8,368,821
Number of active participants	2022-08-31	30
Total funding liabilities for active participants	2022-08-31	8,398,443
Total participant count	2022-08-31	43
Total funding target for all participants	2022-08-31	11,113,851
Balance at beginning of prior year after applicable adjustments	2022-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-08-31	572,882
Carryover balanced portion elected for use to offset prior years funding requirement	2022-08-31	0
Prefunding balanced used to offset prior years funding requirement	2022-08-31	0
Amount remaining of carryover balance	2022-08-31	0
Amount remaining of prefunding balance	2022-08-31	572,882
Present value of excess contributions	2022-08-31	350,300
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-08-31	369,531
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-08-31	369,531
Reductions in caryover balances due to elections or deemed elections	2022-08-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-08-31	965,328
Balance of carryovers at beginning of current year	2022-08-31	0
Balance of prefunding at beginning of current year	2022-08-31	0
Total employer contributions	2022-08-31	1,088,712
Total employee contributions	2022-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-08-31	1,062,171
Liquidity shortfalls end of Q1	2022-08-31	0
Liquidity shortfalls end of Q2	2022-08-31	0
Liquidity shortfalls end of Q3	2022-08-31	0
Liquidity shortfalls end of Q4	2022-08-31	0
Remaining amount of unpaid minimum required contributions	2022-08-31	0
Minimum required contributions for current year target normal cost	2022-08-31	797,685
Net shortfall amortization installment of oustanding balance	2022-08-31	398,853
Total funding amount beforereflecting carryover/prefunding balances	2022-08-31	861,650
Additional cash requirement	2022-08-31	861,650
Contributions allocatedtoward minimum required contributions for current year	2022-08-31	1,062,171
Unpaid minimum required contributions for current year	2022-08-31	0
Unpaid minimum required contributions for all years	2022-08-31	0
2021: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 2021 401k membership
Market value of plan assets	2021-08-31	11,207,546
Acturial value of plan assets	2021-08-31	11,207,546
Funding target for retired participants and beneficiaries receiving payment	2021-08-31	2,406,112
Number of terminated vested participants	2021-08-31	6
Fundng target for terminated vested participants	2021-08-31	233,297
Active participant vested funding target	2021-08-31	7,957,599
Number of active participants	2021-08-31	32
Total funding liabilities for active participants	2021-08-31	7,995,255
Total participant count	2021-08-31	45
Total funding target for all participants	2021-08-31	10,634,664
Balance at beginning of prior year after applicable adjustments	2021-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-08-31	591,963
Carryover balanced portion elected for use to offset prior years funding requirement	2021-08-31	0
Prefunding balanced used to offset prior years funding requirement	2021-08-31	0
Amount remaining of carryover balance	2021-08-31	0
Amount remaining of prefunding balance	2021-08-31	591,963
Present value of excess contributions	2021-08-31	374,636
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-08-31	395,803
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-08-31	395,803
Reductions in prefunding balances due to elections or deemed elections	2021-08-31	438,563
Balance of carryovers at beginning of current year	2021-08-31	0
Balance of prefunding at beginning of current year	2021-08-31	572,882
Total employer contributions	2021-08-31	1,088,712
Total employee contributions	2021-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-08-31	1,059,545
Remaining amount of unpaid minimum required contributions	2021-08-31	0
Minimum required contributions for current year target normal cost	2021-08-31	709,245
Total funding amount beforereflecting carryover/prefunding balances	2021-08-31	709,245
Additional cash requirement	2021-08-31	709,245
Contributions allocatedtoward minimum required contributions for current year	2021-08-31	1,059,545
Unpaid minimum required contributions for current year	2021-08-31	0
Unpaid minimum required contributions for all years	2021-08-31	0
2020: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 2020 401k membership
Market value of plan assets	2020-08-31	9,929,401
Acturial value of plan assets	2020-08-31	9,929,401
Funding target for retired participants and beneficiaries receiving payment	2020-08-31	2,420,676
Number of terminated vested participants	2020-08-31	6
Fundng target for terminated vested participants	2020-08-31	216,666
Active participant vested funding target	2020-08-31	6,658,430
Number of active participants	2020-08-31	30
Total funding liabilities for active participants	2020-08-31	6,700,096
Total participant count	2020-08-31	43
Total funding target for all participants	2020-08-31	9,337,438
Balance at beginning of prior year after applicable adjustments	2020-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-08-31	950,706
Carryover balanced portion elected for use to offset prior years funding requirement	2020-08-31	0
Prefunding balanced used to offset prior years funding requirement	2020-08-31	0
Amount remaining of carryover balance	2020-08-31	0
Amount remaining of prefunding balance	2020-08-31	950,706
Present value of excess contributions	2020-08-31	138,095
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-08-31	146,160
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-08-31	146,160
Reductions in caryover balances due to elections or deemed elections	2020-08-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-08-31	542,931
Balance of carryovers at beginning of current year	2020-08-31	0
Balance of prefunding at beginning of current year	2020-08-31	591,963
Total employer contributions	2020-08-31	1,088,712
Total employee contributions	2020-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-08-31	1,057,325
Remaining amount of unpaid minimum required contributions	2020-08-31	0
Minimum required contributions for current year target normal cost	2020-08-31	682,689
Total funding amount beforereflecting carryover/prefunding balances	2020-08-31	682,689
Carryover balance elected to use to offset funding requirement	2020-08-31	0
Prefunding balance elected to use to offset funding requirement	2020-08-31	0
Additional cash requirement	2020-08-31	682,689
Contributions allocatedtoward minimum required contributions for current year	2020-08-31	1,057,325
Unpaid minimum required contributions for current year	2020-08-31	0
Unpaid minimum required contributions for all years	2020-08-31	0
2019: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 2019 401k membership
Market value of plan assets	2019-08-31	9,069,567
Acturial value of plan assets	2019-08-31	9,069,567
Funding target for retired participants and beneficiaries receiving payment	2019-08-31	1,215,390
Number of terminated vested participants	2019-08-31	5
Fundng target for terminated vested participants	2019-08-31	621,499
Active participant vested funding target	2019-08-31	6,202,317
Number of active participants	2019-08-31	35
Total funding liabilities for active participants	2019-08-31	6,281,972
Total participant count	2019-08-31	45
Total funding target for all participants	2019-08-31	8,118,861
Balance at beginning of prior year after applicable adjustments	2019-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-08-31	1,217,575
Amount remaining of carryover balance	2019-08-31	0
Amount remaining of prefunding balance	2019-08-31	1,217,575
Present value of excess contributions	2019-08-31	156,797
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-08-31	166,252
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-08-31	166,252
Reductions in prefunding balances due to elections or deemed elections	2019-08-31	481,824
Balance of carryovers at beginning of current year	2019-08-31	0
Balance of prefunding at beginning of current year	2019-08-31	950,706
Total employer contributions	2019-08-31	780,000
Total employee contributions	2019-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-08-31	757,820
Remaining amount of unpaid minimum required contributions	2019-08-31	0
Minimum required contributions for current year target normal cost	2019-08-31	619,725
Total funding amount beforereflecting carryover/prefunding balances	2019-08-31	619,725
Additional cash requirement	2019-08-31	619,725
Contributions allocatedtoward minimum required contributions for current year	2019-08-31	757,820
Unpaid minimum required contributions for current year	2019-08-31	0
Unpaid minimum required contributions for all years	2019-08-31	0
2018: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 2018 401k membership
Market value of plan assets	2018-08-31	8,079,379
Acturial value of plan assets	2018-08-31	8,079,376
Funding target for retired participants and beneficiaries receiving payment	2018-08-31	1,181,399
Number of terminated vested participants	2018-08-31	4
Fundng target for terminated vested participants	2018-08-31	96,788
Active participant vested funding target	2018-08-31	5,485,950
Number of active participants	2018-08-31	36
Total funding liabilities for active participants	2018-08-31	5,583,614
Total participant count	2018-08-31	45
Total funding target for all participants	2018-08-31	6,861,801
Balance at beginning of prior year after applicable adjustments	2018-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-08-31	1,242,238
Amount remaining of carryover balance	2018-08-31	0
Amount remaining of prefunding balance	2018-08-31	1,242,238
Present value of excess contributions	2018-08-31	248,165
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-08-31	263,601
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-08-31	263,601
Reductions in prefunding balances due to elections or deemed elections	2018-08-31	337,954
Balance of carryovers at beginning of current year	2018-08-31	0
Balance of prefunding at beginning of current year	2018-08-31	1,217,575
Total employer contributions	2018-08-31	780,000
Total employee contributions	2018-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-08-31	757,774
Unpaid minimum required contributions for all prior years	2018-08-31	0
Remaining amount of unpaid minimum required contributions	2018-08-31	0
Minimum required contributions for current year target normal cost	2018-08-31	600,977
Net shortfall amortization installment of oustanding balance	2018-08-31	0
Waiver amortization installment	2018-08-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-08-31	600,977
Additional cash requirement	2018-08-31	600,977
Contributions allocatedtoward minimum required contributions for current year	2018-08-31	757,774
Unpaid minimum required contributions for current year	2018-08-31	0
Unpaid minimum required contributions for all years	2018-08-31	0
2017: WHITE RIVER ELECTRIC ASSOCIATION INC PENSION PLAN 2017 401k membership
Market value of plan assets	2017-08-31	7,127,308
Acturial value of plan assets	2017-08-31	7,127,308
Funding target for retired participants and beneficiaries receiving payment	2017-08-31	1,183,351
Number of terminated vested participants	2017-08-31	4
Fundng target for terminated vested participants	2017-08-31	87,714
Active participant vested funding target	2017-08-31	4,506,726
Number of active participants	2017-08-31	36
Total funding liabilities for active participants	2017-08-31	4,614,005
Total participant count	2017-08-31	45
Total funding target for all participants	2017-08-31	5,885,070
Balance at beginning of prior year after applicable adjustments	2017-08-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-08-31	1,170,218
Carryover balanced portion elected for use to offset prior years funding requirement	2017-08-31	0
Prefunding balanced used to offset prior years funding requirement	2017-08-31	0
Amount remaining of carryover balance	2017-08-31	0
Amount remaining of prefunding balance	2017-08-31	1,170,218
Present value of excess contributions	2017-08-31	331,361
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-08-31	352,601
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-08-31	352,601
Reductions in caryover balances due to elections or deemed elections	2017-08-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-08-31	327,390
Balance of carryovers at beginning of current year	2017-08-31	0
Balance of prefunding at beginning of current year	2017-08-31	1,242,238
Total employer contributions	2017-08-31	780,000
Total employee contributions	2017-08-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-08-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-08-31	757,047
Unpaid minimum required contributions for all prior years	2017-08-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-08-31	0
Remaining amount of unpaid minimum required contributions	2017-08-31	0
Minimum required contributions for current year target normal cost	2017-08-31	508,882
Net shortfall amortization installment of oustanding balance	2017-08-31	0
Waiver amortization installment	2017-08-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-08-31	508,882
Additional cash requirement	2017-08-31	508,882
Contributions allocatedtoward minimum required contributions for current year	2017-08-31	757,047
Unpaid minimum required contributions for current year	2017-08-31	0
Unpaid minimum required contributions for all years	2017-08-31	0

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Company Name:	WHITE RIVER ELECTRIC ASSOCIATION INC
Employer identification number (EIN):	840372091
NAIC Classification:	221100