Plan Ledger DOL Form 5500 · updated monthly

Ohio Valley Electric Corporation401(k)

SUPPLEMENTAL PENSION & SAVINGS PLAN FOR EE'S OF OHIO VALLEY ELECTRIC CORP AND INDIANA-KENTUCKY ELECTRIC CORP · PIKETON, OH · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Ohio Valley Electric Corporation reported $29,683 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,824 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.03% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 271st-largest of 3,295 plans among Ohio employers on file, and the 112th of 412 in utilities. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$149,957,281
Participants with balances635
Active participants539
Employer contributions$2,600,012
Employee contributions$6,082,856
Employer contribution per active participant$4,824
Average account balance$236,153
Benefits paid to participants$15,529,794
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$150.0M · 635 accts · $2.6M emplr
2023$137.6M · 599 accts · $1.9M emplr
2022$127.3M · 603 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Investment management$34,436
Total administrative$29,683
The Ohio Valley Electric Corporation 401(k) match · 2024
Employer contribution per active participant$4,824
Median for plans this size$3,635
2024$4,824 per active participant
2023$3,782 per active participant
2022$3,951 per active participant

Ohio Valley Electric Corporation's 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$34,436
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$29,683 · 0.02%
2023$39,331 · 0.03%
2022$46,228 · 0.03%
Same employer
Similar plansUtilities · Ohio
Firstenergy Corp. OH$3.9B · 0.09%
Energy Harbor Corp. OH$681.4M · 0.08%
Interstate Gas Supply, LLC OH$128.8M · 0.09%
Cardinal Operating Company OH$56.7M · 0.11%
Utility Pipeline, LTD OH$11.5M · 0.44%
Thayer Investments, LLC OH$1.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314392702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.