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Original filing (PDF)20250728131911NAL0001578673001
NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION
Form 5500
FILING_RECEIVED
NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION 401(K) PLAN
401(k) retirement plan
Active participants
156
Accounts w/ balance
181
Plan assets (EOY)
$50.1M
Net assets (EOY)
$50.1M
How this plan invests
This plan
32 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
100
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
100
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION.
Plan sponsor
Name
NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION
EIN
58-0370240
Address
P O BOX 1407 · DALTON, GA · 30722
Phone
(706) 259-3394
Industry
Utilitiessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
003
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-28
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
ANDERSON SMITH & WIKE, PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $615 | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL SERVICES AD | 59-2937883 | — | INVESTMENT ADVISOR | $69K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ASCENSUS INC | — | FORT WAYNE, IN | OTHER | $0 | — |
Investments
32 direct securities· $50.1M(100% of reported assets)
Uncategorized
$49.0M
30 holdings
Mutual Funds
$1.1M
2 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Mass Mutual Mass Mutual S&P 500 Index Fund | — | — | — | $9.3M | 18.6% | |
| Alger Capital Appreciation Fund | — | — | — | $3.9M | 7.7% | |
| American Funds 2040 Target Date Retirement Fund | — | — | — | $3.5M | 6.9% | |
| Invesco Core Bond Fund | — | — | — | $3.1M | 6.2% | |
| Invesco Diversified Dividend Fund | — | — | — | $3.0M | 6.0% | |
| Nuveen Inflation Link Bond Fund | — | — | — | $2.9M | 5.9% | |
| Group Annuity Contract Mass Mutual Mass Mutual Fixed Interest Fund | — | — | — | $2.9M | 5.8% | |
| MFS Investment Management MF International Diversification Fund | — | — | — | $2.7M | 5.3% | |
| American Funds 2050 Target Date Retirement Fund | — | — | — | $2.4M | 4.8% | |
| Columbia Small Cap Index Fund | — | — | — | $2.2M | 4.5% | |
| American Funds 2030 Target Date Retirement Fund | — | — | — | $2.1M | 4.2% | |
| Victory Sycamore Established Value Fund | — | — | — | $1.5M | 3.0% | |
| Principal Real Estate Securities Fund | — | — | — | $1.1M | 2.2% | |
| American Funds 2045 Target Date Retirement Fund | — | — | — | $939K | 1.9% | |
| Janus Henderson Janus Henderson Enterprise Fund | — | — | — | $906K | 1.8% | |
| Invesco Small Cap Fund Value | — | — | — | $870K | 1.7% | |
| Columbia Midcap Index Fund | — | — | — | $859K | 1.7% | |
| 9.50% | — | — | — | $803K | 1.6% | |
| American Funds American Funds New World Fund | Mutual Funds | — | — | $798K | 1.6% | |
| American Funds 2055 Target Date Retirement Fund | — | — | — | $711K | 1.4% | |
| PIMCO International Bond US Dollar Hedged Fund | — | — | — | $599K | 1.2% | |
| American Funds American Funds Europacific Growth Fund | — | — | — | $572K | 1.1% | |
| Value Line Value Line Small Cap Opportunities | — | — | — | $524K | 1.0% | |
| Janus Henderson Janus Henderson Global Equity Income Fund | — | — | — | $518K | 1.0% | |
| American Funds 2010 Target Date Retirement Fund | — | — | — | $476K | 0.9% | |
| s (Continued) American Funds 2035 Target Date Retirement Fund | Mutual Funds | — | — | $264K | 0.5% | |
| American Funds 2060 Target Date Retirement Fund | — | — | — | $243K | 0.5% | |
| American Funds 2065 Target Date Retirement Fund | — | — | — | $140K | 0.3% | |
| American Funds 2015 Target Date Retirement Fund | — | — | — | $114K | 0.2% | |
| Self-Directed Brokerage Account Charles Schwab Interest-Bearing Cash and Common Stock | — | — | — | $82K | 0.2% | |
| American Funds 2020 Target Date Retirement Fund | — | — | — | $6K | <0.1% | |
| BlackRock Health Sciences Opportunity Fund | — | — | — | $5K | <0.1% |