Estimated 2018 401(k) Plan Employer-paid Expenses Coming

Each year, NRECA invoices each participating cooperative directly for its 401(k) Pension Plan employer-paid expenses. To help co-ops plan for their 2018 expenses, an estimate of this expense rate is being prepared for each co-op by subgroup. An email containing co-op-specific estimates will be sent the week of September 25, 2017 to CEOs and benefits administrators.

Invoices in late December
The estimates are for the full year and are based on a calculation using each co-op’s 401(k) Plan assets under management for active employees as of July 1, 2017. Actual 2018 invoices will be provided on the Employee Benefits website in late December 2017.

For more information about your estimated 401(k) Plan employer expense for 2018, contact your field representative or the Member Contact Center at 866.673.2299 or contactcenter@nreca.coop.