Trustees Of South Central Minnesota Elec Workers Retirement And 401(k) 401(k) Plan: Login, Facts & Contact Information
Trustees Of South Central Minnesota Elec Workers Retirement And 401(k) 401(k) Login
Retirement plan providers can change. This information is from the plan's 2024 filing.
Trustees Of South Central Minnesota Elec Workers Retirement And 401(k) 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jul 1, 2024 – Jun 30, 2025), filed Apr 15, 2026. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $11.6 million went into the plan in contributions, $9.46 million of it from the employer (81%).
- $21.3 million was paid out to participants.
- Investment and other income added $39.6 million.
- Administrative expenses were $278,498, about $170 per account.
How the Trustees Of South Central Minnesota Elec Workers Retirement And 401(k) 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 1,570 | $220.0 million | $6.13 million | $10.1 million |
| 2020 | 1,564 | $275.6 million | $6.15 million | $19.0 million |
| 2021 | 1,483 | $234.3 million | $8.06 million | $13.9 million |
| 2022 | 1,537 | $266.1 million | $8.40 million | $8.78 million |
| 2023 | 1,506 | $306.6 million | $8.88 million | $12.8 million |
| 2024 | 1,594 | $336.1 million | $9.46 million | $21.3 million |
Trustees Of South Central Minnesota Elec Workers Retirement And 401(k) 401(k) Contact Information
Questions about the Trustees Of South Central Minnesota Elec Workers Retirement And 401(k) 401(k)
Does Trustees Of South Central Minnesota Elec Workers Retirement And 401(k) contribute to the 401(k)?
The plan does not report an employer matching arrangement on its Form 5500. It did report $9.46 million in employer contributions for plan year 2024.
Does the Trustees Of South Central Minnesota Elec Workers Retirement And 401(k) 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Trustees Of South Central Minnesota Elec Workers Retirement And 401(k) 401(k) plan?
1,594 participants at the start of plan year 2024, 1,621 of them active employees.
What is the average 401(k) balance at Trustees Of South Central Minnesota Elec Workers Retirement And 401(k)?
About $205,064 per account: $336.1 million in plan assets across 1,639 accounts with a balance at the end of plan year 2024.
Who manages the Trustees Of South Central Minnesota Elec Workers Retirement And 401(k) 401(k) accounts?
Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Trustees Of South Central Minnesota Elec Workers Retirement And 401(k). How do I access my 401(k)?
Your account stays with Principal 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.