Plan Ledger DOL Form 5500 · updated monthly

Tombigbee Electric Power Association401(k)

TOMBIGBEE ELECTRIC POWER ASSOCIATION 401(K) PLAN · TUPELO, MS · plan year 2024

Reported admin expense ratio · 2024
0.40%

Tombigbee Electric Power Association reported $23,569 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. 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 rose from 0.25% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in Mississippi (224th of 367), and 363rd of 412 in utilities.

Plan summary
Net assets, end of year$6,191,698
Participants with balances212
Active participants200
Employer contributions—
Employee contributions$290,270
Employer contribution per active participant—
Average account balance$29,206
Benefits paid to participants$421,703
Plan auditUnmodified (clean) audit opinion
AuditorFRANKS, FRANKS, WILEMON & HAGOOD PA
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 212 accts
2023$5.7M · 196 accts
2022$5.7M · 191 accts
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 · 20241
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (plan)indirect 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$23,569 · 0.40%
2023$20,139 · 0.35%
2022$14,942 · 0.25%
Similar plansUtilities · Mississippi
Herring Gas Company, Inc. MS$11.4M · 0.65%
Sonnen, Inc. GA$6.2M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640254740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.