Civic Intelligence

Arrowhead Electric Cooperative Inc.

Plan context: Arrowhead Electric Cooperative Inc. Non-Union Cash Balance Plan

EIN 41-0735682 • Lutsen, MN • 29 filings • 3 plans

5401 West Highway 61Lutsen, MN 55612
Current Snapshot

Latest Year

2024

2024 Participants

20

2024 Assets

$2,476,166

2024 Contributions

$253,923

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$7,941,703$3,970,852$0201520202024YearValue
$2,476,166Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

26130201520202024YearValue
20Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024220$2,476,166$253,923$12,696iApproximate average salary by contribution assumption: employee only about $317,404 at 4% or $211,603 at 6%; with 50% employer match about $211,603 at 4% or $141,068 at 6%; with 100% employer match about $158,702 at 4% or $105,801 at 6%.
Arrowhead Electric Cooperative Inc. Non-Union Cash Balance Plan-20$1,638,775$196,537$9,827iApproximate average salary by contribution assumption: employee only about $245,671 at 4% or $163,781 at 6%; with 50% employer match about $163,781 at 4% or $109,187 at 6%; with 100% employer match about $122,836 at 4% or $81,890 at 6%.
Arrowhead Electric Cooperative Inc. Union Cash Balance Plan-9$837,391$57,386$6,376iApproximate average salary by contribution assumption: employee only about $159,406 at 4% or $106,270 at 6%; with 50% employer match about $106,270 at 4% or $70,847 at 6%; with 100% employer match about $79,703 at 4% or $53,135 at 6%.
2023323$7,562,794$660,792$28,730iApproximate average salary by contribution assumption: employee only about $718,252 at 4% or $478,835 at 6%; with 50% employer match about $478,835 at 4% or $319,223 at 6%; with 100% employer match about $359,126 at 4% or $239,417 at 6%.
Arrowhead Electric Cooperative Inc. 401(K) Plan-23$3,423,936$207,237$9,010iApproximate average salary by contribution assumption: employee only about $225,258 at 4% or $150,172 at 6%; with 50% employer match about $150,172 at 4% or $100,114 at 6%; with 100% employer match about $112,629 at 4% or $75,086 at 6%.
Arrowhead Electric Cooperative Inc. Union Cash Balance Plan-10$2,808,810$329,000$32,900iApproximate average salary by contribution assumption: employee only about $822,500 at 4% or $548,333 at 6%; with 50% employer match about $548,333 at 4% or $365,556 at 6%; with 100% employer match about $411,250 at 4% or $274,167 at 6%.
Arrowhead Electric Cooperative Inc. Non-Union Cash Balance Plan-18$1,330,048$124,555$6,920iApproximate average salary by contribution assumption: employee only about $172,993 at 4% or $115,329 at 6%; with 50% employer match about $115,329 at 4% or $76,886 at 6%; with 100% employer match about $86,497 at 4% or $57,664 at 6%.
2022323$6,825,191$420,674$18,290iApproximate average salary by contribution assumption: employee only about $457,254 at 4% or $304,836 at 6%; with 50% employer match about $304,836 at 4% or $203,224 at 6%; with 100% employer match about $228,627 at 4% or $152,418 at 6%.
Arrowhead Electric Cooperative Inc. 401(K) Plan-23$3,059,500$186,611$8,114iApproximate average salary by contribution assumption: employee only about $202,838 at 4% or $135,225 at 6%; with 50% employer match about $135,225 at 4% or $90,150 at 6%; with 100% employer match about $101,419 at 4% or $67,613 at 6%.
Arrowhead Electric Cooperative Inc. Union Cash Balance Plan-8$2,211,477$94,973$11,872iApproximate average salary by contribution assumption: employee only about $296,791 at 4% or $197,860 at 6%; with 50% employer match about $197,860 at 4% or $131,907 at 6%; with 100% employer match about $148,395 at 4% or $98,930 at 6%.
Arrowhead Electric Cooperative Inc. Non-Union Cash Balance Plan-19$1,554,214$139,090$7,321iApproximate average salary by contribution assumption: employee only about $183,013 at 4% or $122,009 at 6%; with 50% employer match about $122,009 at 4% or $81,339 at 6%; with 100% employer match about $91,507 at 4% or $61,004 at 6%.
2021324$7,941,703$437,658$18,236iApproximate average salary by contribution assumption: employee only about $455,894 at 4% or $303,929 at 6%; with 50% employer match about $303,929 at 4% or $202,619 at 6%; with 100% employer match about $227,947 at 4% or $151,965 at 6%.
Arrowhead Electric Cooperative Inc. 401(K) Plan-24$3,539,425$205,232$8,551iApproximate average salary by contribution assumption: employee only about $213,783 at 4% or $142,522 at 6%; with 50% employer match about $142,522 at 4% or $95,015 at 6%; with 100% employer match about $106,892 at 4% or $71,261 at 6%.
Arrowhead Electric Cooperative Inc. Union Cash Balance Plan-10$2,684,073$108,239$10,824iApproximate average salary by contribution assumption: employee only about $270,598 at 4% or $180,398 at 6%; with 50% employer match about $180,398 at 4% or $120,266 at 6%; with 100% employer match about $135,299 at 4% or $90,199 at 6%.
Arrowhead Electric Cooperative Inc. Non-Union Cash Balance Plan-17$1,718,205$124,187$7,305iApproximate average salary by contribution assumption: employee only about $182,628 at 4% or $121,752 at 6%; with 50% employer match about $121,752 at 4% or $81,168 at 6%; with 100% employer match about $91,314 at 4% or $60,876 at 6%.
2020326$6,850,167$456,386$17,553iApproximate average salary by contribution assumption: employee only about $438,833 at 4% or $292,555 at 6%; with 50% employer match about $292,555 at 4% or $195,037 at 6%; with 100% employer match about $219,416 at 4% or $146,278 at 6%.
Arrowhead Electric Cooperative Inc. 401(K) Plan-26$3,079,831$218,954$8,421iApproximate average salary by contribution assumption: employee only about $210,533 at 4% or $140,355 at 6%; with 50% employer match about $140,355 at 4% or $93,570 at 6%; with 100% employer match about $105,266 at 4% or $70,178 at 6%.
Arrowhead Electric Cooperative Inc. Union Cash Balance Plan-10$2,337,293$119,229$11,923iApproximate average salary by contribution assumption: employee only about $298,073 at 4% or $198,715 at 6%; with 50% employer match about $198,715 at 4% or $132,477 at 6%; with 100% employer match about $149,036 at 4% or $99,358 at 6%.
Arrowhead Electric Cooperative Inc. Non-Union Cash Balance Plan-19$1,433,043$118,203$6,221iApproximate average salary by contribution assumption: employee only about $155,530 at 4% or $103,687 at 6%; with 50% employer match about $103,687 at 4% or $69,125 at 6%; with 100% employer match about $77,765 at 4% or $51,843 at 6%.
2019325$5,754,786$552,540$22,102iApproximate average salary by contribution assumption: employee only about $552,540 at 4% or $368,360 at 6%; with 50% employer match about $368,360 at 4% or $245,573 at 6%; with 100% employer match about $276,270 at 4% or $184,180 at 6%.
Arrowhead Electric Cooperative Inc. 401(K) Plan-25$2,514,301$182,784$7,311iApproximate average salary by contribution assumption: employee only about $182,784 at 4% or $121,856 at 6%; with 50% employer match about $121,856 at 4% or $81,237 at 6%; with 100% employer match about $91,392 at 4% or $60,928 at 6%.
Arrowhead Electric Cooperative Inc. Union Cash Balance Plan-10$2,001,845$214,333$21,433iApproximate average salary by contribution assumption: employee only about $535,833 at 4% or $357,222 at 6%; with 50% employer match about $357,222 at 4% or $238,148 at 6%; with 100% employer match about $267,916 at 4% or $178,611 at 6%.
Arrowhead Electric Cooperative Inc. Non-Union Cash Balance Plan-17$1,238,640$155,423$9,143iApproximate average salary by contribution assumption: employee only about $228,563 at 4% or $152,375 at 6%; with 50% employer match about $152,375 at 4% or $101,584 at 6%; with 100% employer match about $114,282 at 4% or $76,188 at 6%.
2018324$4,436,198$517,590$21,566iApproximate average salary by contribution assumption: employee only about $539,156 at 4% or $359,438 at 6%; with 50% employer match about $359,438 at 4% or $239,625 at 6%; with 100% employer match about $269,578 at 4% or $179,719 at 6%.
Arrowhead Electric Cooperative Inc. 401(K) Plan-24$1,997,689$241,315$10,055iApproximate average salary by contribution assumption: employee only about $251,370 at 4% or $167,580 at 6%; with 50% employer match about $167,580 at 4% or $111,720 at 6%; with 100% employer match about $125,685 at 4% or $83,790 at 6%.
Arrowhead Electric Cooperative Inc. Union Cash Balance Plan-8$1,525,841$166,794$20,849iApproximate average salary by contribution assumption: employee only about $521,231 at 4% or $347,488 at 6%; with 50% employer match about $347,488 at 4% or $231,658 at 6%; with 100% employer match about $260,616 at 4% or $173,744 at 6%.
Arrowhead Electric Cooperative Inc. Non-Union Cash Balance Plan-15$912,668$109,481$7,299iApproximate average salary by contribution assumption: employee only about $182,468 at 4% or $121,646 at 6%; with 50% employer match about $121,646 at 4% or $81,097 at 6%; with 100% employer match about $91,234 at 4% or $60,823 at 6%.
2017324$4,476,368$414,782$17,283iApproximate average salary by contribution assumption: employee only about $432,065 at 4% or $288,043 at 6%; with 50% employer match about $288,043 at 4% or $192,029 at 6%; with 100% employer match about $216,032 at 4% or $144,022 at 6%.
Arrowhead Electric Cooperative Inc. 401(K) Plan-24$2,146,808$179,174$7,466iApproximate average salary by contribution assumption: employee only about $186,640 at 4% or $124,426 at 6%; with 50% employer match about $124,426 at 4% or $82,951 at 6%; with 100% employer match about $93,320 at 4% or $62,213 at 6%.
Arrowhead Electric Cooperative Inc. Union Cash Balance Plan-8$1,472,679$134,220$16,778iApproximate average salary by contribution assumption: employee only about $419,438 at 4% or $279,625 at 6%; with 50% employer match about $279,625 at 4% or $186,417 at 6%; with 100% employer match about $209,719 at 4% or $139,813 at 6%.
Arrowhead Electric Cooperative Inc. Non-Union Cash Balance Plan-15$856,881$101,388$6,759iApproximate average salary by contribution assumption: employee only about $168,980 at 4% or $112,653 at 6%; with 50% employer match about $112,653 at 4% or $75,102 at 6%; with 100% employer match about $84,490 at 4% or $56,327 at 6%.
2016320$3,516,823$1,870,262$93,513iApproximate average salary by contribution assumption: employee only about $2,337,828 at 4% or $1,558,552 at 6%; with 50% employer match about $1,558,552 at 4% or $1,039,034 at 6%; with 100% employer match about $1,168,914 at 4% or $779,276 at 6%.
Arrowhead Electric Cooperative Inc. 401(K) Plan-20$1,656,008$91,179$4,559iApproximate average salary by contribution assumption: employee only about $113,974 at 4% or $75,983 at 6%; with 50% employer match about $75,983 at 4% or $50,655 at 6%; with 100% employer match about $56,987 at 4% or $37,991 at 6%.
Arrowhead Electric Cooperative Inc. Union Cash Balance Plan-7$1,184,659$1,159,674$165,668iApproximate average salary by contribution assumption: employee only about $4,141,693 at 4% or $2,761,129 at 6%; with 50% employer match about $2,761,129 at 4% or $1,840,752 at 6%; with 100% employer match about $2,070,846 at 4% or $1,380,564 at 6%.
Arrowhead Electric Cooperative Inc. Non-Union Cash Balance Plan-10$676,156$619,409$61,941iApproximate average salary by contribution assumption: employee only about $1,548,523 at 4% or $1,032,348 at 6%; with 50% employer match about $1,032,348 at 4% or $688,232 at 6%; with 100% employer match about $774,261 at 4% or $516,174 at 6%.
2015321$1,649,968$280,895$13,376iApproximate average salary by contribution assumption: employee only about $334,399 at 4% or $222,933 at 6%; with 50% employer match about $222,933 at 4% or $148,622 at 6%; with 100% employer match about $167,199 at 4% or $111,466 at 6%.
Arrowhead Electric Cooperative Inc. 401(K) Plan-21$1,529,354$116,108$5,529iApproximate average salary by contribution assumption: employee only about $138,224 at 4% or $92,149 at 6%; with 50% employer match about $92,149 at 4% or $61,433 at 6%; with 100% employer match about $69,112 at 4% or $46,075 at 6%.
Arrowhead Electric Cooperative Inc. Non-Union Cash Balance Plan-14$60,584$69,712$4,979iApproximate average salary by contribution assumption: employee only about $124,486 at 4% or $82,990 at 6%; with 50% employer match about $82,990 at 4% or $55,327 at 6%; with 100% employer match about $62,243 at 4% or $41,495 at 6%.
Arrowhead Electric Cooperative Inc. Union Cash Balance Plan-7$60,030$95,075$13,582iApproximate average salary by contribution assumption: employee only about $339,554 at 4% or $226,369 at 6%; with 50% employer match about $226,369 at 4% or $150,913 at 6%; with 100% employer match about $169,777 at 4% or $113,185 at 6%.