Plan Ledger DOL Form 5500 · updated monthly

Pearl River Valley Electric Power Association401(k)

PEARL RIVER VALLEY ELECTRIC POWER ASSOCIATION 401(K) RETIREMENT SAVINGS PLAN · COLUMBIA, MS · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Pearl River Valley Electric Power Association reported $1,918 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,252 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 0.25% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 58th-largest of 367 plans among Mississippi employers on file, and the 197th of 412 in utilities. In 2024, employees put in $1.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,964,228
Participants with balances166
Active participants128
Employer contributions$800,237
Employee contributions$926,815
Employer contribution per active participant$6,252
Average account balance$246,772
Benefits paid to participants$1,017,195
Plan auditUnmodified (clean) audit opinion
AuditorTMH, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$41.0M · 166 accts · $800K emplr
2023$36.6M · 159 accts · $755K emplr
2022$32.5M · 159 accts · $684K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,918
Total administrative$1,918
The Pearl River Valley Electric Power Association 401(k) match · 2024
Employer contribution per active participant$6,252
Median for plans this size$2,416
2024$6,252 per active participant
2023$5,852 per active participant
2022$5,563 per active participant

Pearl River Valley Electric Power Association's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
MAGNOLIA CAPITAL ADVISORS · Investment advisory (plan)$96,552

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$1,918 · 0.00%
2023$85,184 · 0.25%
2022$88,136 · 0.25%
Similar plansUtilities · Mississippi
Mammoth Energy Partners LLC OK$40.6M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 640219645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.