This weekend will begin the final steps of the 401(k) Pension Plan’s administration transition. To allow for these activities, certain administrative functions will be unavailable on the NRECA Employee Benefits website as well as cooperative and participant 401(k) account information.[…]
As a reminder, NRECA is prompting all users of cooperative.com and the Employee Benefits website to confirm or update their mobile phone numbers, and benefit plan participants will be asked to consent to the use of this phone number for[…]
As announced at the 2026 Interact Conference, there will be no increase to the Retirement Security (RS) Plan base contribution rates for 2027, and the administrative fee remains unchanged at 3% of the total contribution (before any prepayment adjustment). While[…]
As our September 8 effective date for the 401(k) Pension Plan’s administration transition draws near, we want to ensure you and your cooperative’s plan participants are prepared! In addition to a variety of resources available to benefits administrators on their 401(k) Administration Resources page to[…]
If your cooperative is considering the Safe Harbor provision for your 401(k) Pension Plan in 2027, contact your field representative this month. With the provision in place, your co-op’s 401(k) Plan is deemed to pass the actual deferral percentage (ADP) test. Other nondiscrimination[…]