401(k) · DOL Form 5500 · 2023

Pennyrile Rural Electric Corporation 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
105
Participants Small participant base
75th
Percentile by assets National rank
$222,694
Avg per participant Above avg balance/head
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Official DOL plan name: Penrelco Employees Savings Incentive Plan and Trust · Sponsored by Pennyrile Rural Electric Corporation · Kentucky · Utilities

$23M in assets, 105 participants

Pennyrile Rural Electric Corporation's Penrelco Employees Savings Incentive Plan and Trust reported $23M in total assets and 105 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #274 in Utilities (721 peers)

Coverage in Kentucky

Penrelco Employees Savings Incentive Plan and Trust covers 105 participants in Kentucky, about 16% of the average Kentucky filer (state average ~647 per filing). Assets: $23M.

#274
in Utilities (721 peers)
+9.9%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Penrelco Employees Savings Incentive Plan and Trust's outsized position by total assets

Penrelco Employees Savings Incentive Plan and Trust vs every filed plan by assets

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

$23,382,825 Top 25% higher than 75% 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

Penrelco Employees Savings Incentive Plan and Trust 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. Penrelco Employees Savings Incentive Plan and Trust sits mid-pack in the medium band (105 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Penrelco Employees Savings Incentive Plan and Trust reported net income rose from -$4M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Penrelco Employees Savings Incentive Plan and Trust end-of-year assets rose from $21M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Penrelco Employees Savings Incentive Plan and Trust reported participants fell from 107 in the plan year 2022 filing to 105 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 610305525 · Pennyrile Rural Electric Corporation PY 2023 · 401(k)

Penrelco Employees Savings Incentive Plan and Trust · $23M · 105 · 75th

  • BOY $23M
  • BOY 105
  • BOY 75th
  • BOY 401(k)
  • BOY near Children's Center for Digestive Healthcare, LLC 401(k) Profit Sharing Plan
  • BOY ind #274

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 →

Penrelco Employees Savings Incentive Plan and Trust in the asset neighbourhood

Penrelco Employees Savings Incentive Plan and TrustPenrelco Employees Savings I…$23MChildren's Center for Digestive Healthcare, LLC 401(k) Profit Sharing PlanChildren's Center for Digest…$23MAcr Electronics Inc. Employee Savings PlanAcr Electronics Inc. Employe…$23MBrox Industries, Inc. 401(k) Retirement PlanBrox Industries, Inc. 401(k)…$23MUwh of Michigan 401(k) Retirement PlanUwh of Michigan 401(k) Retir…$23M
End-of-year total assets ($M) among Penrelco Employees Savings Incentive Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$23M
Net Income$2M
Employer EIN610305525
Plan Effective Date1982-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pennyrile Rural Electric Corporation)

Sponsor-wide plan assets over time

All Pennyrile Rural Electric Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$26M 23.782641301941112% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $21.3M $26.4M ▲ +23.8%
Year Plans Participants Total Assets
2022 1 107 $21M
2023 1 105 $23M
2024 1 111 $26M

Nearby 401(k) Plans in Kentucky

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

Penrelco Employees Savings Incentive Plan and Trust vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Penrelco Employees Savings Incentive Plan and Trust, Total assets ($B): 0.023382825 · Participants: 105Penrelco Employees Savings Incentive Plan and TrustCommonspirit 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
Penrelco Employees Savings Incentive Plan and Trust vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare Penrelco Employees Savings Incentive Plan and Trust side-by-side with 3 peers →

Penrelco Employees Savings Incentive Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Children's Center for Digestive Healthcare, LLC 401(k) Profit Sharing Plan in GA ($23M); by covered participants it is Associated Retina Consultants 401(k) Profit Sharing Plan & Trust in AZ (105 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (105 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 Penrelco Employees Savings Incentive Plan and Trust assets move in 2023? ▼
Penrelco Employees Savings Incentive Plan and Trust grew at a solid clip - up 9.9% during 2023, from $21M to $23M. Reported net income was $2M.
How have Pennyrile Rural Electric Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pennyrile Rural Electric Corporation's sponsor-wide assets grew 23.8%, from $21M to $26M.
Where does Penrelco Employees Savings Incentive Plan and Trust rank by assets among Form 5500 filers? ▼
Penrelco Employees Savings Incentive Plan and Trust ranks in the 75th 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 Penrelco Employees Savings Incentive Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Children's Center for Digestive Healthcare, LLC 401(k) Profit Sharing Plan in GA ($23M, 92 participants).
Which 401(k) plans cover a similar participant headcount to Penrelco Employees Savings Incentive Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Associated Retina Consultants 401(k) Profit Sharing Plan & Trust in AZ (105 participants, $6M 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 610305525.

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.