Defined Benefit (Pension)
2024 plan-year Defined Benefit (Pension) DOL Form 5500

WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN

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

WALTON ELECTRIC MEMBERSHIP CORP.

This Defined Benefit (Pension) plan holds $59M in total assets and serves 134 participants as of 2024. It is sponsored by WALTON ELECTRIC MEMBERSHIP CORP. in Georgia. The plan reported positive net income of $9M for the year.

Total Assets (2023)
$59M
Participants
134
State
Industry
Utilities

What the Filing Says About WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN

WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by WALTON ELECTRIC MEMBERSHIP CORP., headquartered in Georgia. As of the 2024 Form 5500 filing, the plan reports $59M in total end-of-year assets and covers 134 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 580477163, and the plan has been effective since 2004-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $50M at the beginning of 2024 to $59M at year-end — a gain of 16.9%. Net assets (after liabilities) closed the year at $59M, with reported net income of $9M 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)$50M
Total Assets (End of Year)$59M
Net Assets (End of Year)$59M
Net Income$9M
Plan TypeDefined Benefit (Pension)
Employer EIN580477163
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (WALTON ELECTRIC MEMBERSHIP CORP.)

Year Plans Participants Total Assets
2022 2 420 $102M
2023 2 393 $111M
2024 2 395 $125M

Nearby Defined Benefit (Pension) Plans in Georgia

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN?
As of the 2024 Form 5500 filing, WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN holds $59M in total assets with 134 participants. It is sponsored by WALTON ELECTRIC MEMBERSHIP CORP..
What type of plan is WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN?
WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 2004-01-01. The plan is filed with the U.S. Department of Labor under EIN 580477163.
Who sponsors the WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN?
WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN is sponsored by WALTON ELECTRIC MEMBERSHIP CORP., located in Georgia. The sponsor's EIN is 580477163 and the plan operates in the Utilities industry.
How did WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN perform in 2024?
WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN grew by 16.9% during 2024, moving from $50M to $59M in total assets. Net income was $9M.
Where can I find official filings for WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN?
Official Form 5500 filings for WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 580477163 or plan name at efast.dol.gov.
How does WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN compare to other plans?
You can compare WALTON ELECTRIC MEMBERSHIP CORPORATION PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in Georgia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 580477163.

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 official public datasets. See our methodology for details.