401(k) · DOL Form 5500 · 2024

Medina Electric Cooperative, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
140
Participants Small participant base
66th
Percentile by assets National rank
$117,710
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mec 401(k) Plan · Sponsored by Medina Electric Cooperative, Inc. · Texas · Utilities

$16M in assets, 140 participants

Medina Electric Cooperative, Inc.'s Mec 401(k) Plan reported $16M in total assets and 140 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • #235 in Utilities (732 peers)

Coverage in Texas

Mec 401(k) Plan covers 140 participants in Texas, about 20% of the average Texas filer (state average ~688 per filing). Assets: $16M.

#235
in Utilities (732 peers)
+15.0%
assets growth YoY

Mec 401(k) Plan's mid-pack asset rank among Utilities and all filers

Mec 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$16,479,356 Top 34% higher than 66% of 123,620 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 2024

Mec 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mec 401(k) Plan sits mid-pack in the medium band (140 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mec 401(k) Plan reported net income rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Mec 401(k) Plan end-of-year assets rose from $14M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Mec 401(k) Plan reported participants rose from 131 in the plan year 2023 filing to 140 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 740779023 · Medina Electric Cooperative, Inc. PY 2024 · 401(k)

Mec 401(k) Plan · $16M · 140 · 66th

  • 5500 $16M
  • ASSETS 140
  • PCT 66th
  • EIN 401(k)
  • RANK near Philadelphia Protestant Home 401(k) Plan
  • PHOTO ind #235

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 Texas →

Mec 401(k) Plan in the asset neighbourhood

Mec 401(k) Plan$16MPhiladelphia Protestant Home 401(k) PlanPhiladelphia Protestant Home…$16MJacoby & Meyers Attorneys LLP 401(k) Profit Sharing PlanJacoby & Meyers Attorneys LL…$16MZito Media Retirement Savings PlanZito Media Retirement Saving…$16MShea & Company, LLC 401(k) PlanShea & Company, LLC 401(k) P…$16M
End-of-year total assets ($M) among Mec 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN740779023
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medina Electric Cooperative, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$16M 26.793839394400344% vs 2022
2024 filing year
$12M$14M$16M$18M 202220232024 $13M $16.5M ▲ +26.8%
Year Plans Participants Total Assets
2022 1 127 $13M
2023 1 131 $14M
2024 1 140 $16M

Nearby 401(k) Plans in Texas

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

Mec 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Mec 401(k) Plan, Total assets ($B): 0.016479356 · Participants: 140Mec 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Mec 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Mec 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Philadelphia Protestant Home 401(k) Plan in PA ($16M); by covered participants it is Conformis, Inc. 401(k) Plan in MA (140 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (140 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mec 401(k) Plan assets move in 2024?
Mec 401(k) Plan grew sharply - up 15.0% during 2024, from $14M to $16M. Reported net income was $2M.
How have Medina Electric Cooperative, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Medina Electric Cooperative, Inc.'s sponsor-wide assets grew 26.8%, from $13M to $16M.
Which 401(k) plans are similar in size to Mec 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Philadelphia Protestant Home 401(k) Plan in PA ($16M, 405 participants).
Which 401(k) plans cover a similar participant headcount to Mec 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Conformis, Inc. 401(k) Plan in MA (140 participants, N/A in assets).