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

Dixie Electric Company, Inc. 401(k) Plan

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

Sponsored by Dixie Electric Company, Inc. · Alabama · Utilities

What the 2023 filing shows

Dixie Electric Company, Inc. 401(k) Plan holds $8M for 234 participants — about $33,470 per participant, up 39.3% over the 2023 plan year.

$8M
total plan assets (2023 EOY)
234
covered participants
$33,470
avg assets per participant
+39.3%
assets growth YoY
Total Assets (2023)
$8M
Participants
234
State
Industry
Utilities

What the Filing Says About Dixie Electric Company, Inc. 401(k) Plan

Dixie Electric Company, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Dixie Electric Company, Inc., headquartered in Alabama. As of the 2023 Form 5500 filing, the plan reports $8M in total end-of-year assets and covers 234 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 630279539, and the plan has been effective since 1998-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2023 to $8M at year-end — a gain of 39.3%. Net assets (after liabilities) closed the year at $8M, with reported net income of $2M 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)$6M
Total Assets (End of Year)$8M
Net Assets (End of Year)$8M
Net Income$2M
Plan Type401(k)
Employer EIN630279539
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Dixie Electric Company, Inc.)

Year Plans Participants Total Assets
2022 1 189 $6M
2023 1 234 $8M
2024 1 304 $9M

Nearby 401(k) Plans in Alabama

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Frequently Asked Questions

How much money is in the Dixie Electric Company, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Dixie Electric Company, Inc. 401(k) Plan holds $8M in total assets with 234 participants. It is sponsored by Dixie Electric Company, Inc..
What type of plan is Dixie Electric Company, Inc. 401(k) Plan?
Dixie Electric Company, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1998-01-01. The plan is filed with the U.S. Department of Labor under EIN 630279539.
Who sponsors the Dixie Electric Company, Inc. 401(k) Plan?
Dixie Electric Company, Inc. 401(k) Plan is sponsored by Dixie Electric Company, Inc., located in Alabama. The sponsor's EIN is 630279539 and the plan operates in the Utilities industry.
How did Dixie Electric Company, Inc. 401(k) Plan perform in 2023?
Dixie Electric Company, Inc. 401(k) Plan grew by 39.3% during 2023, moving from $6M to $8M in total assets. Net income was $2M.
Where can I find official filings for Dixie Electric Company, Inc. 401(k) Plan?
Official Form 5500 filings for Dixie Electric Company, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 630279539 or plan name at efast.dol.gov.
How does Dixie Electric Company, Inc. 401(k) Plan compare to other plans?
You can compare Dixie Electric Company, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Alabama 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 630279539.

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.