401(k) · DOL Form 5500 · 2023

North Georgia Electric Membership Corporation 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
159
Participants Small participant base
84th
Percentile by assets National rank
$265,047
Avg per participant High balance/head
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Official DOL plan name: North Georgia Electric Membership Corporation 401(k) Plan · Sponsored by North Georgia Electric Membership Corporation · Georgia · Utilities

$42M in assets, 159 participants

North Georgia Electric Membership Corporation's North Georgia Electric Membership Corporation 401(k) Plan reported $42M in total assets and 159 participants in its 2023 DOL Form 5500 filing, ranking in the 84th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #355 in Utilities (721 peers)

Coverage in Georgia

North Georgia Electric Membership Corporation 401(k) Plan covers 159 participants in Georgia, about 15% of the average Georgia filer (state average ~1,096 per filing). Assets: $42M.

#355
in Utilities (721 peers)
+19.0%
assets growth YoY
0.4×
vs typical plan assets (national mean)

North Georgia Electric Membership Corporation 401(k) Plan's outsized position by total assets

North Georgia Electric Membership Corporation 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$42,142,495 Top 16% higher than 84% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

North Georgia Electric Membership Corporation 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. North Georgia Electric Membership Corporation 401(k) Plan sits mid-pack in the medium band (159 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • North Georgia Electric Membership Corporation 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • North Georgia Electric Membership Corporation 401(k) Plan end-of-year assets rose from $35M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • North Georgia Electric Membership Corporation 401(k) Plan reported participants rose from 149 in the plan year 2022 filing to 159 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 580370240 · North Georgia Electric Membership Corporation PY 2023 · 401(k)

North Georgia Electric Membership Corporation 401(k) Plan · $42M · 159 · 84th

  • PCT $42M
  • EIN 159
  • RANK 84th
  • PHOTO 401(k)
  • IND near Keypoint Credit Union 401(k) Profit Sharing Plan
  • EOY ind #355

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Georgia →

North Georgia Electric Membership Corporation 401(k) Plan in the asset neighbourhood

Caymus Vineyards 401(k) and Profit Sharing PlanCaymus Vineyards 401(k) and …$42MHealthcare Information and Management Systems Society 401(k) PlanHealthcare Information and M…$42MRosen USA 401(k) Plan$42MNorth Georgia Electric Membership Corporation 401(k) PlanNorth Georgia Electric Membe…$42MKeypoint Credit Union 401(k) Profit Sharing PlanKeypoint Credit Union 401(k)…$42M
End-of-year total assets ($M) among North Georgia Electric Membership Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Georgia filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$42M
Net Income$7M
Employer EIN580370240
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (North Georgia Electric Membership Corporation)

Sponsor-wide plan assets over time

All North Georgia Electric Membership Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$50M 41.44380207530778% vs 2022
2024 filing year
$30M$35M$40M$45M$50M$55M 202220232024 $35.4M $50.1M ▲ +41.5%
Year Plans Participants Total Assets
2022 1 149 $35M
2023 1 159 $42M
2024 1 158 $50M

Nearby 401(k) Plans in Georgia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

North Georgia Electric Membership Corporation 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants North Georgia Electric Membership Corporation 401(k) Plan, Total assets ($B): 0.042142495 · Participants: 159North Georgia Electric Membership Corporation 401(k) PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futurebuilder
North Georgia Electric Membership Corporation 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare North Georgia Electric Membership Corporation 401(k) Plan side-by-side with 3 peers →

North Georgia Electric Membership Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Keypoint Credit Union 401(k) Profit Sharing Plan in CA ($42M); by covered participants it is Visiting Angels 401(k) Plan in PA (159 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (159 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did North Georgia Electric Membership Corporation 401(k) Plan assets move in 2023? ▼
North Georgia Electric Membership Corporation 401(k) Plan grew sharply - up 19.0% during 2023, from $35M to $42M. Reported net income was $7M.
How have North Georgia Electric Membership Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), North Georgia Electric Membership Corporation's sponsor-wide assets grew 41.4%, from $35M to $50M.
Where does North Georgia Electric Membership Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
North Georgia Electric Membership Corporation 401(k) Plan ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to North Georgia Electric Membership Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Keypoint Credit Union 401(k) Profit Sharing Plan in CA ($42M, 180 participants).
Which 401(k) plans cover a similar participant headcount to North Georgia Electric Membership Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Visiting Angels 401(k) Plan in PA (159 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 580370240.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.