SHENANDOAH VALLEY ELECTRIC COOPERATIVE has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SHENANDOAH VALLEY ELECTRIC COOPERATIVE 401(K) & PROFIT SHARING PLAN
401k plan membership statisitcs for SHENANDOAH VALLEY ELECTRIC COOPERATIVE 401(K) & PROFIT SHARING PLAN
Measure | Date | Value |
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2022 : SHENANDOAH VALLEY ELECTRIC COOPERATIVE 401(K) & PROFIT SHARING PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total transfer of assets to this plan | 2022-12-31 | $0 |
Total transfer of assets from this plan | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-1,897,824 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $2,147,129 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $2,138,825 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $5,150,223 |
Value of total assets at end of year | 2022-12-31 | $39,480,348 |
Value of total assets at beginning of year | 2022-12-31 | $43,525,301 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $8,304 |
Total interest from all sources | 2022-12-31 | $29,449 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $1,525,380 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $1,525,380 |
Administrative expenses professional fees incurred | 2022-12-31 | $8,304 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $1,861,577 |
Participant contributions at end of year | 2022-12-31 | $690,373 |
Participant contributions at beginning of year | 2022-12-31 | $686,866 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $346,301 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-4,044,953 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $39,480,348 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $43,525,301 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $36,293,434 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $40,903,209 |
Income. Interest from loans (other than to participants) | 2022-12-31 | $29,449 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $2,438,101 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $1,910,624 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-8,602,876 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $2,942,345 |
Employer contributions (assets) at end of year | 2022-12-31 | $58,440 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $24,602 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,138,825 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | BROWN EDWARDS & COMPANY, LLP |
Accountancy firm EIN | 2022-12-31 | 540504608 |
2021 : SHENANDOAH VALLEY ELECTRIC COOPERATIVE 401(K) & PROFIT SHARING PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total transfer of assets to this plan | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $10,389,314 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $7,227,614 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $7,225,964 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $4,606,054 |
Value of total assets at end of year | 2021-12-31 | $43,525,301 |
Value of total assets at beginning of year | 2021-12-31 | $40,363,601 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $1,650 |
Total interest from all sources | 2021-12-31 | $32,112 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $1,941,900 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $1,941,900 |
Administrative expenses professional fees incurred | 2021-12-31 | $1,650 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $1,697,584 |
Participant contributions at end of year | 2021-12-31 | $686,866 |
Participant contributions at beginning of year | 2021-12-31 | $634,811 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $16,805 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $3,161,700 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $43,525,301 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $40,363,601 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $40,903,209 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $37,843,742 |
Interest on participant loans | 2021-12-31 | $32,112 |
Interest earned on other investments | 2021-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $1,910,624 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $1,885,048 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $3,809,248 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $2,891,665 |
Employer contributions (assets) at end of year | 2021-12-31 | $24,602 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $7,225,964 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | BROWN EDWARDS & COMPANY, LLP |
Accountancy firm EIN | 2021-12-31 | 540504608 |
2020 : SHENANDOAH VALLEY ELECTRIC COOPERATIVE 401(K) & PROFIT SHARING PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $35,882,337 |
Total transfer of assets from this plan | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $10,186,826 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $5,705,562 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $5,704,562 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $6,143,634 |
Value of total assets at end of year | 2020-12-31 | $40,363,601 |
Value of total assets at beginning of year | 2020-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,000 |
Total interest from all sources | 2020-12-31 | $24,974 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $4,018,218 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $4,018,218 |
Administrative expenses professional fees incurred | 2020-12-31 | $1,000 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $1,677,924 |
Participant contributions at end of year | 2020-12-31 | $634,811 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,495,062 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $4,481,264 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $40,363,601 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $0 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $37,843,742 |
Interest on participant loans | 2020-12-31 | $24,974 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $1,885,048 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $0 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $2,970,648 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $5,704,562 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | BROWN EDWARDS & COMPANY, LLP |
Accountancy firm EIN | 2020-12-31 | 540504608 |