401k Plan data: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION plan

GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 401k Plan overview

Plan Name	GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION
Plan identification number	001

GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 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).

401k Sponsoring company profile

SALT RIVER ELECTRIC COOPERATIVE CORP. has sponsored the creation of one or more 401k plans.

Company Name: SALT RIVER ELECTRIC COOPERATIVE CORP.

Employer identification number (EIN): 610329022

NAIC Classification: 221100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01
001 2016-01-01 JAN HEDGEPETH 2017-07-17
001 2015-01-01 JAN HEDGEPETH 2016-07-14
001 2014-01-01 JAN HEDGEPETH 2015-08-24
001 2013-01-01 LARRY HICKS 2014-10-10
001 2012-01-01 LARRY HICKS 2013-09-27
001 2011-01-01 LARRY HICKS 2012-10-03
001 2010-01-01 JOHN CLEMENTS 2011-10-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01
001	2016-01-01	JAN HEDGEPETH	2017-07-17
001	2015-01-01	JAN HEDGEPETH	2016-07-14
001	2014-01-01	JAN HEDGEPETH	2015-08-24
001	2013-01-01	LARRY HICKS	2014-10-10
001	2012-01-01	LARRY HICKS	2013-09-27
001	2011-01-01	LARRY HICKS	2012-10-03
001	2010-01-01	JOHN CLEMENTS	2011-10-01

Plan Statistics for GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION

401k plan membership statisitcs for GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION

Measure Date Value
2022: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 2022 401k membership
Market value of plan assets 2022-12-31 36,576,065
Acturial value of plan assets 2022-12-31 36,576,065
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 416,799
Number of terminated vested participants 2022-12-31 1
Fundng target for terminated vested participants 2022-12-31 70,666
Active participant vested funding target 2022-12-31 13,281,136
Number of active participants 2022-12-31 67
Total funding liabilities for active participants 2022-12-31 13,500,967
Total participant count 2022-12-31 76
Total funding target for all participants 2022-12-31 13,988,432
Balance at beginning of prior year after applicable adjustments 2022-12-31 3,271,810
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 9,143,461
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 3,271,810
Amount remaining of prefunding balance 2022-12-31 9,143,461
Present value of excess contributions 2022-12-31 1,945,012
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 2,041,679
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 2,041,679
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 3,859,100
Balance of prefunding at beginning of current year 2022-12-31 12,826,391
Total employer contributions 2022-12-31 2,000,000
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 1,938,928
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 718,342
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 1,938,928
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 2021 401k membership
Market value of plan assets 2021-12-31 33,419,917
Acturial value of plan assets 2021-12-31 33,419,917
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 723,938
Number of terminated vested participants 2021-12-31 0
Fundng target for terminated vested participants 2021-12-31 0
Active participant vested funding target 2021-12-31 15,894,463
Number of active participants 2021-12-31 74
Total funding liabilities for active participants 2021-12-31 16,199,900
Total participant count 2021-12-31 83
Total funding target for all participants 2021-12-31 16,923,838
Balance at beginning of prior year after applicable adjustments 2021-12-31 2,875,305
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 6,238,766
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 2,875,305
Amount remaining of prefunding balance 2021-12-31 6,238,766
Present value of excess contributions 2021-12-31 1,939,813
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 2,044,369
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 2,044,369
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 3,271,810
Balance of prefunding at beginning of current year 2021-12-31 9,143,461
Total employer contributions 2021-12-31 2,000,000
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 1,945,012
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 858,536
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 1,945,012
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 2020 401k membership
Market value of plan assets 2020-12-31 28,153,965
Acturial value of plan assets 2020-12-31 28,153,965
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 751,913
Number of terminated vested participants 2020-12-31 0
Fundng target for terminated vested participants 2020-12-31 0
Active participant vested funding target 2020-12-31 13,458,245
Number of active participants 2020-12-31 67
Total funding liabilities for active participants 2020-12-31 13,683,819
Total participant count 2020-12-31 76
Total funding target for all participants 2020-12-31 14,435,732
Balance at beginning of prior year after applicable adjustments 2020-12-31 2,375,304
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 3,463,440
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 2,375,304
Amount remaining of prefunding balance 2020-12-31 3,463,440
Present value of excess contributions 2020-12-31 1,939,778
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 2,046,272
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 2,046,272
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 2,875,305
Balance of prefunding at beginning of current year 2020-12-31 6,238,766
Total employer contributions 2020-12-31 2,000,000
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 1,939,813
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 808,447
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 0
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 1,939,813
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 2019 401k membership
Market value of plan assets 2019-12-31 22,732,419
Acturial value of plan assets 2019-12-31 22,732,419
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 831,622
Number of terminated vested participants 2019-12-31 0
Fundng target for terminated vested participants 2019-12-31 0
Active participant vested funding target 2019-12-31 12,860,241
Number of active participants 2019-12-31 71
Total funding liabilities for active participants 2019-12-31 13,038,786
Total participant count 2019-12-31 81
Total funding target for all participants 2019-12-31 13,870,408
Balance at beginning of prior year after applicable adjustments 2019-12-31 2,483,588
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 1,481,184
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 2,483,588
Amount remaining of prefunding balance 2019-12-31 1,481,184
Present value of excess contributions 2019-12-31 1,937,925
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 2,046,836
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 2,046,836
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 2,375,304
Balance of prefunding at beginning of current year 2019-12-31 3,463,440
Total employer contributions 2019-12-31 2,000,000
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 1,939,778
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 838,696
Net shortfall amortization installment of oustanding balance 2019-12-31 0
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 0
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 1,939,778
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 2018 401k membership
Market value of plan assets 2018-12-31 25,155,626
Acturial value of plan assets 2018-12-31 25,155,626
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 637,106
Number of terminated vested participants 2018-12-31 0
Fundng target for terminated vested participants 2018-12-31 0
Active participant vested funding target 2018-12-31 13,742,864
Number of active participants 2018-12-31 73
Total funding liabilities for active participants 2018-12-31 13,923,767
Total participant count 2018-12-31 81
Total funding target for all participants 2018-12-31 14,560,873
Balance at beginning of prior year after applicable adjustments 2018-12-31 2,177,631
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 1,298,715
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 2,177,631
Amount remaining of prefunding balance 2018-12-31 1,298,715
Present value of excess contributions 2018-12-31 1,934,481
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 1,934,481
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 2,483,588
Balance of prefunding at beginning of current year 2018-12-31 1,481,184
Total employer contributions 2018-12-31 2,000,000
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 1,937,925
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 777,535
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 1,937,925
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 2017 401k membership
Market value of plan assets 2017-12-31 22,074,448
Acturial value of plan assets 2017-12-31 22,074,448
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 623,739
Number of terminated vested participants 2017-12-31 0
Fundng target for terminated vested participants 2017-12-31 0
Active participant vested funding target 2017-12-31 13,466,409
Number of active participants 2017-12-31 72
Total funding liabilities for active participants 2017-12-31 13,691,087
Total participant count 2017-12-31 80
Total funding target for all participants 2017-12-31 14,314,826
Balance at beginning of prior year after applicable adjustments 2017-12-31 1,946,051
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 1,160,603
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 1,946,051
Amount remaining of prefunding balance 2017-12-31 1,160,603
Present value of excess contributions 2017-12-31 1,353,779
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 1,434,464
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 2,177,631
Balance of prefunding at beginning of current year 2017-12-31 1,298,715
Total employer contributions 2017-12-31 2,000,000
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 1,934,481
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 657,211
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 1,934,481
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 2016 401k membership
Market value of plan assets 2016-12-31 19,091,523
Acturial value of plan assets 2016-12-31 19,091,523
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 702,547
Number of terminated vested participants 2016-12-31 0
Fundng target for terminated vested participants 2016-12-31 0
Active participant vested funding target 2016-12-31 12,656,396
Number of active participants 2016-12-31 74
Total funding liabilities for active participants 2016-12-31 12,893,547
Total participant count 2016-12-31 83
Total funding target for all participants 2016-12-31 13,596,094
Balance at beginning of prior year after applicable adjustments 2016-12-31 1,939,650
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 1,156,786
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 1,939,650
Amount remaining of prefunding balance 2016-12-31 1,156,786
Present value of excess contributions 2016-12-31 1,351,409
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 1,434,386
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 1,946,051
Balance of prefunding at beginning of current year 2016-12-31 1,160,603
Total employer contributions 2016-12-31 1,400,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 1,353,779
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 642,407
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 1,353,779
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 2022 401k membership
Market value of plan assets	2022-12-31	36,576,065
Acturial value of plan assets	2022-12-31	36,576,065
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	416,799
Number of terminated vested participants	2022-12-31	1
Fundng target for terminated vested participants	2022-12-31	70,666
Active participant vested funding target	2022-12-31	13,281,136
Number of active participants	2022-12-31	67
Total funding liabilities for active participants	2022-12-31	13,500,967
Total participant count	2022-12-31	76
Total funding target for all participants	2022-12-31	13,988,432
Balance at beginning of prior year after applicable adjustments	2022-12-31	3,271,810
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	9,143,461
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	3,271,810
Amount remaining of prefunding balance	2022-12-31	9,143,461
Present value of excess contributions	2022-12-31	1,945,012
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	2,041,679
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	2,041,679
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	3,859,100
Balance of prefunding at beginning of current year	2022-12-31	12,826,391
Total employer contributions	2022-12-31	2,000,000
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	1,938,928
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	718,342
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	1,938,928
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 2021 401k membership
Market value of plan assets	2021-12-31	33,419,917
Acturial value of plan assets	2021-12-31	33,419,917
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	723,938
Number of terminated vested participants	2021-12-31	0
Fundng target for terminated vested participants	2021-12-31	0
Active participant vested funding target	2021-12-31	15,894,463
Number of active participants	2021-12-31	74
Total funding liabilities for active participants	2021-12-31	16,199,900
Total participant count	2021-12-31	83
Total funding target for all participants	2021-12-31	16,923,838
Balance at beginning of prior year after applicable adjustments	2021-12-31	2,875,305
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	6,238,766
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	2,875,305
Amount remaining of prefunding balance	2021-12-31	6,238,766
Present value of excess contributions	2021-12-31	1,939,813
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	2,044,369
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	2,044,369
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	3,271,810
Balance of prefunding at beginning of current year	2021-12-31	9,143,461
Total employer contributions	2021-12-31	2,000,000
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	1,945,012
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	858,536
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	1,945,012
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 2020 401k membership
Market value of plan assets	2020-12-31	28,153,965
Acturial value of plan assets	2020-12-31	28,153,965
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	751,913
Number of terminated vested participants	2020-12-31	0
Fundng target for terminated vested participants	2020-12-31	0
Active participant vested funding target	2020-12-31	13,458,245
Number of active participants	2020-12-31	67
Total funding liabilities for active participants	2020-12-31	13,683,819
Total participant count	2020-12-31	76
Total funding target for all participants	2020-12-31	14,435,732
Balance at beginning of prior year after applicable adjustments	2020-12-31	2,375,304
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	3,463,440
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	2,375,304
Amount remaining of prefunding balance	2020-12-31	3,463,440
Present value of excess contributions	2020-12-31	1,939,778
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	2,046,272
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	2,046,272
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	2,875,305
Balance of prefunding at beginning of current year	2020-12-31	6,238,766
Total employer contributions	2020-12-31	2,000,000
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	1,939,813
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	808,447
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	1,939,813
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 2019 401k membership
Market value of plan assets	2019-12-31	22,732,419
Acturial value of plan assets	2019-12-31	22,732,419
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	831,622
Number of terminated vested participants	2019-12-31	0
Fundng target for terminated vested participants	2019-12-31	0
Active participant vested funding target	2019-12-31	12,860,241
Number of active participants	2019-12-31	71
Total funding liabilities for active participants	2019-12-31	13,038,786
Total participant count	2019-12-31	81
Total funding target for all participants	2019-12-31	13,870,408
Balance at beginning of prior year after applicable adjustments	2019-12-31	2,483,588
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	1,481,184
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	2,483,588
Amount remaining of prefunding balance	2019-12-31	1,481,184
Present value of excess contributions	2019-12-31	1,937,925
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	2,046,836
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	2,046,836
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	2,375,304
Balance of prefunding at beginning of current year	2019-12-31	3,463,440
Total employer contributions	2019-12-31	2,000,000
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	1,939,778
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	838,696
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	0
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	1,939,778
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 2018 401k membership
Market value of plan assets	2018-12-31	25,155,626
Acturial value of plan assets	2018-12-31	25,155,626
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	637,106
Number of terminated vested participants	2018-12-31	0
Fundng target for terminated vested participants	2018-12-31	0
Active participant vested funding target	2018-12-31	13,742,864
Number of active participants	2018-12-31	73
Total funding liabilities for active participants	2018-12-31	13,923,767
Total participant count	2018-12-31	81
Total funding target for all participants	2018-12-31	14,560,873
Balance at beginning of prior year after applicable adjustments	2018-12-31	2,177,631
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	1,298,715
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	2,177,631
Amount remaining of prefunding balance	2018-12-31	1,298,715
Present value of excess contributions	2018-12-31	1,934,481
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	1,934,481
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	2,483,588
Balance of prefunding at beginning of current year	2018-12-31	1,481,184
Total employer contributions	2018-12-31	2,000,000
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	1,937,925
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	777,535
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	1,937,925
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 2017 401k membership
Market value of plan assets	2017-12-31	22,074,448
Acturial value of plan assets	2017-12-31	22,074,448
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	623,739
Number of terminated vested participants	2017-12-31	0
Fundng target for terminated vested participants	2017-12-31	0
Active participant vested funding target	2017-12-31	13,466,409
Number of active participants	2017-12-31	72
Total funding liabilities for active participants	2017-12-31	13,691,087
Total participant count	2017-12-31	80
Total funding target for all participants	2017-12-31	14,314,826
Balance at beginning of prior year after applicable adjustments	2017-12-31	1,946,051
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	1,160,603
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	1,946,051
Amount remaining of prefunding balance	2017-12-31	1,160,603
Present value of excess contributions	2017-12-31	1,353,779
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	1,434,464
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	2,177,631
Balance of prefunding at beginning of current year	2017-12-31	1,298,715
Total employer contributions	2017-12-31	2,000,000
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	1,934,481
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	657,211
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	1,934,481
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: GROUP PENSION PLAN FOR EMPLOYEES OF SALT RIVER ELECTRIC COOPERATIVE CORPORATION 2016 401k membership
Market value of plan assets	2016-12-31	19,091,523
Acturial value of plan assets	2016-12-31	19,091,523
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	702,547
Number of terminated vested participants	2016-12-31	0
Fundng target for terminated vested participants	2016-12-31	0
Active participant vested funding target	2016-12-31	12,656,396
Number of active participants	2016-12-31	74
Total funding liabilities for active participants	2016-12-31	12,893,547
Total participant count	2016-12-31	83
Total funding target for all participants	2016-12-31	13,596,094
Balance at beginning of prior year after applicable adjustments	2016-12-31	1,939,650
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	1,156,786
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	1,939,650
Amount remaining of prefunding balance	2016-12-31	1,156,786
Present value of excess contributions	2016-12-31	1,351,409
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	1,434,386
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	1,946,051
Balance of prefunding at beginning of current year	2016-12-31	1,160,603
Total employer contributions	2016-12-31	1,400,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	1,353,779
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	642,407
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	1,353,779
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	SALT RIVER ELECTRIC COOPERATIVE CORP.
Employer identification number (EIN):	610329022
NAIC Classification:	221100