Estimated 2015 Employer-paid Expenses to be Mailed in September

Each year, NRECA invoices cooperatives directly for their co-op’s 401(k) Pension Plan employer-paid expenses. To help co-ops plan for their 2015 expenses, an estimate of this expense rate is being prepared for each co-op by subgroup. The memo and co-op-specific estimates will be mailed next week 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 as of July 1, 2014. Actual invoices will be provided on the Employee Benefits website in late December 2014.

For more information about your estimated 401(k) Plan employer expense for 2015, contact your field representative or the Member Contact Center at 866.673.2299 or contactcenter@nreca.coop.