Pedernales Electric Cooperative, Inc. 401(k) Plan: Login, Facts & Contact Information

Pedernales Electric Cooperative, Inc. 401(k) Plan Facts

Plan name
PEDERNALES ELECTRIC COOPERATIVE INC. EMPLOYEES 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PEDERNALES ELECTRIC COOPERATIVE, INC.
Participants
1,215 (985 active employees)
Former employees with a balance
188
Plan assets
$198,621,893 at Dec 31, 2024
Average account balance
$163,609 across 1,214 accounts
Employer contributions
$9,975,394 in plan year 2024 (53% of all contributions)
Recordkeeper
Milliman, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1968
✓ 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 Sep 17, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $18.8 million went into the plan in contributions, $9.98 million of it from the employer (53%).
  • $19.5 million was paid out to participants.
  • Investment and other income added $23.4 million.
  • Administrative expenses were $250,419, about $206 per account.

How the Pedernales Electric Cooperative, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019943$124.1 million$5.10 million$5.57 million
20201,022$149.2 million$5.76 million$7.86 million
20211,070$171.0 million$6.21 million$10.7 million
20221,091$142.4 million$6.68 million$11.6 million
20231,139$176.2 million$7.68 million$7.66 million
20241,215$198.6 million$9.98 million$19.5 million

Pedernales Electric Cooperative, Inc. 401(k) Contact Information

Phone
830-868-4900
Mailing address
201 SOUTH AVENUE F, JOHNSON CITY TX 78636
Plan sponsor
PEDERNALES ELECTRIC COOPERATIVE, INC.
Employer identification number (EIN)
74-0828412
Plan number
002

Questions about the Pedernales Electric Cooperative, Inc. 401(k)

Does Pedernales Electric Cooperative, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $9.98 million, 53% of all contributions.

Does the Pedernales Electric Cooperative, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Pedernales Electric Cooperative, Inc 401(k) plan?

1,215 participants at the start of plan year 2024, 985 of them active employees, and 188 former employees who still had money in the plan.

What is the average 401(k) balance at Pedernales Electric Cooperative, Inc?

About $163,609 per account: $198.6 million in plan assets across 1,214 accounts with a balance at the end of plan year 2024.

Who manages the Pedernales Electric Cooperative, Inc 401(k) accounts?

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

I no longer work at Pedernales Electric Cooperative, Inc. How do I access my 401(k)?

Your account stays with Milliman 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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