Wright-Hennepin Cooperative Electric Association 401(k) match, vesting and fees
What Wright-Hennepin Cooperative Electric Association'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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Eide Bailly (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 289 defined-contribution plans in utilities with 100 to 499 participants.
| Wright-Hennepin Cooperative Electric Association: employer contribution per participant | $6,824 | |
| Peer median | $3,629 |
| Wright-Hennepin Cooperative Electric Association: average balance | $155,740 | |
| Peer median | $86,045 |
| Wright-Hennepin Cooperative Electric Association: admin expenses ÷ assets | 0.27% | |
| Peer median | 0.26% |
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 $25.8M at the end of plan year 2021 to $23M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 150 | $23M | $1M | $6,824 | 0.27% | Not published | Form 5500 ↗ |
| 2023 | 150 | $19.9M | $993K | $6,666 | 0.23% | Not published | Form 5500 ↗ |
| 2022 | 149 | $19.3M | $1M | $7,100 | 0.23% | Not published | Form 5500 ↗ |
| 2021 | 149 | $25.8M | $1M | $6,916 | 0.15% | Not published | Form 5500 ↗ |
Other Wright-Hennepin Cooperative Electric Association plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Wright-Hennepin Cooperative Electric Association Union 401(k) Plan - 003
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.
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Wright-Hennepin Cooperative Electric Association Union 401(k) Plan - 002
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.
| Plan type and status | 401(k) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Wright-Hennepin Cooperative Electric Association match 401(k) contributions?
The match terms for the Wright-Hennepin Cooperative Electric Association Non-Union 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1M in employer contributions, about $6,824 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Wright-Hennepin Cooperative Electric Association 401(k) match vested?
The vesting schedule for the Wright-Hennepin Cooperative Electric Association Non-Union 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Wright-Hennepin Cooperative Electric Association 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Wright-Hennepin Cooperative Electric Association.
I left Wright-Hennepin Cooperative Electric Association. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Wright-Hennepin Cooperative Electric Association, (763) 477-3000) or the recordkeeper, Principal Life Insurance Company. The Wright-Hennepin Cooperative Electric Association old 401(k) page lists the contacts from every plan filing. Find an old Wright-Hennepin Cooperative Electric Association 401(k)
Data from the public Form 5500 annual reports Wright-Hennepin Cooperative Electric Association 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 Wright-Hennepin Cooperative Electric Association. Not financial advice. Report a correction · Methodology