401(k) · DOL Form 5500 · 2023

Owen Electric Cooperative, Inc. 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
123
Participants Small participant base
80th
Percentile by assets National rank
$254,212
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Owen Electric Cooperative Employee Savings and Protection Plan · Sponsored by Owen Electric Cooperative, Inc. · Kentucky · Utilities

$31M in assets, 123 participants

Owen Electric Cooperative, Inc.'s Owen Electric Cooperative Employee Savings and Protection Plan reported $31M in total assets and 123 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #314 in Utilities (721 peers)

Coverage in Kentucky

Owen Electric Cooperative Employee Savings and Protection Plan covers 123 participants in Kentucky, about 19% of the average Kentucky filer (state average ~647 per filing). Assets: $31M.

#314
in Utilities (721 peers)
+19.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Owen Electric Cooperative Employee Savings and Protection Plan's outsized position by total assets

Owen Electric Cooperative Employee Savings and Protection Plan vs every filed plan by assets

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

$31,268,118 Top 20% higher than 80% 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

Owen Electric Cooperative Employee Savings and Protection 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. Owen Electric Cooperative Employee Savings and Protection Plan sits mid-pack in the medium band (123 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Owen Electric Cooperative Employee Savings and Protection Plan reported net income rose from -$6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Owen Electric Cooperative Employee Savings and Protection Plan end-of-year assets rose from $26M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Owen Electric Cooperative Employee Savings and Protection Plan reported participants fell from 126 in the plan year 2022 filing to 123 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 610299615 · Owen Electric Cooperative, Inc. PY 2023 · 401(k)

Owen Electric Cooperative Employee Savings and Protection Plan · $31M · 123 · 80th

  • ASSETS $31M
  • PCT 123
  • EIN 80th
  • RANK 401(k)
  • PHOTO near Havis, Inc. 401(k) Plan
  • IND ind #314

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 Kentucky →

Owen Electric Cooperative Employee Savings and Protection Plan in the asset neighbourhood

Owen Electric Cooperative Employee Savings and Protection PlanOwen Electric Cooperative Em…$31MHavis, Inc. 401(k) Plan$31MRoxboro Holdings Employee Savings PlanRoxboro Holdings Employee Sa…$31MFuturetech Holding Company 401(k) PlanFuturetech Holding Company 4…$31MPrestige Care 401(k) Plan$31M
End-of-year total assets ($M) among Owen Electric Cooperative Employee Savings and Protection Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$31M
Net Income$5M
Employer EIN610299615
Plan Effective Date1986-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Owen Electric Cooperative, Inc.)

Sponsor-wide plan assets over time

All Owen Electric Cooperative, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$36M 39.031558935958444% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $26.1M $36.3M ▲ +39.0%
Year Plans Participants Total Assets
2022 1 126 $26M
2023 1 123 $31M
2024 1 123 $36M

Nearby 401(k) Plans in Kentucky

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

Owen Electric Cooperative Employee Savings and Protection Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Owen Electric Cooperative Employee Savings and Protection Plan, Total assets ($B): 0.031268118 · Participants: 123Owen Electric Cooperative Employee Savings and Protection PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 7.871320063 · Participants: 86688Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.374962984 · Participants: 45938Humana Retirement Savings PlanUPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.324958147 · Participants: 3159UPS/Ipa 401(k) Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.221134526 · Participants: 33226Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.205127047 · Participants: 1968Lexmark Savings Plan
Owen Electric Cooperative Employee Savings and Protection Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare Owen Electric Cooperative Employee Savings and Protection Plan side-by-side with 3 peers →

Owen Electric Cooperative Employee Savings and Protection Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Havis, Inc. 401(k) Plan in PA ($31M); by covered participants it is Sunchase Salary Savings Plan in NC (123 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($31M here).

Similar participant headcount

Nearest other-state filings by covered participants (123 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 Owen Electric Cooperative Employee Savings and Protection Plan assets move in 2023? ▼
Owen Electric Cooperative Employee Savings and Protection Plan grew sharply - up 19.8% during 2023, from $26M to $31M. Reported net income was $5M.
How have Owen Electric Cooperative, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Owen Electric Cooperative, Inc.'s sponsor-wide assets grew 39.0%, from $26M to $36M.
Where does Owen Electric Cooperative Employee Savings and Protection Plan rank by assets among Form 5500 filers? ▼
Owen Electric Cooperative Employee Savings and Protection Plan ranks in the 80th 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 Owen Electric Cooperative Employee Savings and Protection Plan? ▼
Among 401(k) plans in other states, the closest by assets is Havis, Inc. 401(k) Plan in PA ($31M, 423 participants).
Which 401(k) plans cover a similar participant headcount to Owen Electric Cooperative Employee Savings and Protection Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sunchase Salary Savings Plan in NC (123 participants, $2M 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 610299615.

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.