Basin Electric Power Cooperative 401(k) Plan: Login, Facts & Contact Information

Basin Electric Power Cooperative 401(k) Plan Facts

Plan name
BASIN ELECTRIC POWER COOPERATIVE 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BASIN ELECTRIC POWER COOPERATIVE
Participants
1,055 (861 active employees)
Former employees with a balance
211
Plan assets
$395,601,217 at Dec 31, 2024
Average account balance
$359,311 across 1,101 accounts
Employer contributions
$7,738,036 in plan year 2024 (42% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 6, 1993
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 22, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $18.6 million went into the plan in contributions, $7.74 million of it from the employer (42%).
  • $26.2 million was paid out to participants.
  • Investment and other income added $43.2 million.
  • Administrative expenses were $194,668, about $177 per account.

How the Basin Electric Power Cooperative 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,084$300.5 million$5.53 million$21.5 million
20201,072$358.6 million$5.85 million$20.8 million
20211,057$391.4 million$5.92 million$40.9 million
20221,024$329.1 million$6.15 million$23.0 million
20231,050$355.4 million$6.71 million$45.4 million
20241,055$395.6 million$7.74 million$26.2 million

Basin Electric Power Cooperative 401(k) Contact Information

Phone
701-223-0441
Mailing address
1717 EAST INTERSTATE AVENUE, BISMARCK ND 58503
Plan sponsor
BASIN ELECTRIC POWER COOPERATIVE
Employer identification number (EIN)
45-0277395
Plan number
401

Questions about the Basin Electric Power Cooperative 401(k)

Does Basin Electric Power Cooperative contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $7.74 million, 42% of all contributions.

Does the Basin Electric Power Cooperative 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Basin Electric Power Cooperative 401(k) plan?

1,055 participants at the start of plan year 2024, 861 of them active employees, and 211 former employees who still had money in the plan.

What is the average 401(k) balance at Basin Electric Power Cooperative?

About $359,311 per account: $395.6 million in plan assets across 1,101 accounts with a balance at the end of plan year 2024.

Who manages the Basin Electric Power Cooperative 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Basin Electric Power Cooperative. How do I access my 401(k)?

Your account stays with Vanguard after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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