Lee County Electric Cooperative 401(k) match, vesting and fees
What Lee County Electric Cooperative's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | John Hancock Retirement Plan Srvcs | Schedule C ↗ |
| Independent auditor | Mcnair, Mclemore, Middlebrooks & Co (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 46 defined-contribution plans in utilities with 500 to 999 participants.
| Lee County Electric Cooperative: employer contribution per participant | $4,879 | |
| Peer median | $4,869 |
| Lee County Electric Cooperative: average balance | $122,946 | |
| Peer median | $141,910 |
| Lee County Electric Cooperative: admin expenses ÷ assets | 0.02% | |
| Peer median | 0.11% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $54.1M at the end of plan year 2021 to $67.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 557 | $67.6M | $2.7M | $4,879 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 510 | $57.3M | $2.2M | $4,405 | 0.02% | Not published | Form 5500 ↗ |
| 2022 | 472 | $48.2M | $2.5M | $5,480 | 0.02% | Not published | Form 5500 ↗ |
| 2021 | 462 | $54.1M | $1.9M | $4,154 | 0.02% | Not published | Form 5500 ↗ |
Other Lee County Electric Cooperative plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Lee County Electric Cooperative, Inc. Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Mcnair, Mclemore, Middlebrooks & Co (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Lee County Electric Cooperative match 401(k) contributions?
The match terms for the Lcec 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $2.7M in employer contributions, about $4,879 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Lee County Electric Cooperative 401(k) match vested?
The vesting schedule for the Lcec 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Lee County Electric Cooperative 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Retirement Plan Srvcs. The plan administrator is Lee County Electric Cooperative, Inc..
I left Lee County Electric Cooperative. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Lee County Electric Cooperative, Inc., (239) 995-2121) or the recordkeeper, John Hancock Retirement Plan Srvcs. The Lee County Electric Cooperative old 401(k) page lists the contacts from every plan filing. Find an old Lee County Electric Cooperative 401(k)
Data from the public Form 5500 annual reports Lee County Electric Cooperative filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Lee County Electric Cooperative. Not financial advice. Report a correction · Methodology