401(k)
2023 plan-year 401(k) DOL Form 5500

Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Pedernales Electric Cooperative, Inc. · Texas · Wholesale Trade

What the 2023 filing shows

Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan holds $176M for 897 participants — about $196,484 per participant, up 23.8% over the 2023 plan year.

$176M
total plan assets (2023 EOY)
897
covered participants
$196,484
avg assets per participant
+23.8%
assets growth YoY
Total Assets (2023)
$176M
Participants
897
State
Industry
Wholesale Trade

What the Filing Says About Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan

Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan is a 401(k) retirement plan sponsored by Pedernales Electric Cooperative, Inc., headquartered in Texas. As of the 2023 Form 5500 filing, the plan reports $176M in total end-of-year assets and covers 897 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 740828412, and the plan has been effective since 1968-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $142M at the beginning of 2023 to $176M at year-end — a gain of 23.8%. Net assets (after liabilities) closed the year at $176M, with reported net income of $34M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$142M
Total Assets (End of Year)$176M
Net Assets (End of Year)$176M
Net Income$34M
Plan Type401(k)
Employer EIN740828412
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pedernales Electric Cooperative, Inc.)

Year Plans Participants Total Assets
2022 2 1,072 $364M
2023 2 1,080 $415M
2024 2 1,115 $436M

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Frequently Asked Questions

How much money is in the Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan?
As of the 2023 Form 5500 filing, Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan holds $176M in total assets with 897 participants. It is sponsored by Pedernales Electric Cooperative, Inc..
What type of plan is Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan?
Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan is a 401(k) plan. It has been effective since 1968-01-01. The plan is filed with the U.S. Department of Labor under EIN 740828412.
Who sponsors the Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan?
Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan is sponsored by Pedernales Electric Cooperative, Inc., located in Texas. The sponsor's EIN is 740828412 and the plan operates in the Wholesale Trade industry.
How did Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan perform in 2023?
Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan grew by 23.8% during 2023, moving from $142M to $176M in total assets. Net income was $34M.
Where can I find official filings for Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan?
Official Form 5500 filings for Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 740828412 or plan name at efast.dol.gov.
How does Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan compare to other plans?
You can compare Pedernales Electric Cooperative Inc. Employees 401(k) Savings Plan against other 401(k) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 740828412.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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