Employer · plans filed under one EIN
National Rural Electric Cooperative Association
Arlington, VA · Utilities
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
2 retirement plans with 100 or more participants file Form 5500 under National Rural Electric Cooperative Association's employer identification number (Arlington, Virginia). Their latest filings total 156,298 participant records and $28.2B in net assets.
The largest is 401(k) Pension Plan, a 401(k) plan with 80,475 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $1.41B and participant contributions $488M in the latest plan years; benefits paid were $1.85B. Schedule C compensation reported to service provider organisations totalled $75.0M.
Combined net assets moved from $9.21B in 2009 to $28.2B in 2024 (up 206%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| 401(k) Pension Plan | 401(k) plan | 2024 | 80,475 | $16.7B | $207,733 | $4,449 | $48.5M |
| Retirement Security Plan | cash balance pension plan | 2024 | 75,823 | $11.5B | $151,057 | $20,194 | $26.5M |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 156,298 | $28.2B | $1.41B | $488M |
| 2023 | 2 | 153,870 | $25.1B | $1.41B | $460M |
| 2022 | 2 | 150,349 | $22.3B | $1.33B | $434M |
| 2021 | 2 | 146,615 | $26.9B | $1.25B | $405M |
| 2020 | 2 | 145,849 | $24.5B | $1.16B | $389M |
| 2019 | 2 | 142,150 | $21.9B | $992M | $363M |
| 2018 | 2 | 139,022 | $18.6B | $1.13B | $341M |
| 2017 | 2 | 137,115 | $20.1B | $1.09B | $319M |
| 2016 | 2 | 135,855 | $17.4B | $1.07B | $307M |
| 2015 | 2 | 132,989 | $16.1B | $1.01B | $295M |
| 2014 | 2 | 130,574 | $16.6B | $950M | $275M |
| 2013 | 2 | 128,702 | $16.0B | $932M | $263M |
| 2012 | 2 | 127,975 | $13.8B | $2.71B | $253M |
| 2011 | 2 | 133,717 | $10.9B | $956M | $245M |
| 2010 | 2 | 133,256 | $10.6B | $1.20B | $236M |
| 2009 | 2 | 132,501 | $9.21B | $891M | $233M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Nreca | Plan Administrator; Recordkeeping and information management; Investment management; Legal | 1 | $26,188,572 |
| T Rowe Price Associates Inc. | Investment management; Trustee (bank, trust company, or similar financial institution); Trustee (discretionary) | 2 | $6,204,263 |
| LSV Asset Management | Investment management | 2 | $3,544,265 |
| BlackRock Institutional Trust Co. | Trustee (bank, trust company, or similar financial institution); Trustee (discretionary); Investment management | 1 | $3,217,495 |
| Arrowstreet Capital Limited Partner | Investment management | 1 | $2,970,209 |
| Excella Inc. | Consulting (general) | 1 | $2,478,267 |
| Decisionpath Consulting | Consulting (general) | 2 | $2,328,715 |
| Capital International Inc. | Investment management | 2 | $2,122,250 |
| Jennison Associates LLC | Investment management | 1 | $1,910,539 |
| Voya Institutional Plan Services | Consulting (general) | 1 | $1,843,033 |
| BlackRock Financial Management Inc. | Investment management | 1 | $1,597,342 |
| Optomi LLC | Consulting (general) | 2 | $1,451,249 |
| Baillie Gifford Overseas Limited | Investment management | 1 | $1,304,446 |
| RBC Global Asset Management US Inc. | Investment management | 1 | $1,261,433 |
| Jacobs Levy Equity Management Inc. | Investment management | 1 | $1,139,434 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does National Rural Electric Cooperative Association have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: 401(k) Pension Plan and Retirement Security Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does National Rural Electric Cooperative Association contribute to its plans?
$1,407,466,948 in employer contributions across these plans in their latest plan years, about $11,956 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Nreca, T Rowe Price Associates Inc., LSV Asset Management and BlackRock Institutional Trust Co. and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.