401(k) · DOL Form 5500 · 2022

Minnesota Valley Electric Cooperative 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
57
Participants Small participant base
59th
Percentile by assets National rank
$128,841
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Minnesota Valley Electric Cooperative Non-Union 401(k) Plan · Sponsored by Minnesota Valley Electric Cooperative · Minnesota · Utilities

$7M in assets, 57 participants

Minnesota Valley Electric Cooperative's Minnesota Valley Electric Cooperative Non-Union 401(k) Plan reported $7M in total assets and 57 participants in its 2022 DOL Form 5500 filing, ranking in the 59th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #177 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Minnesota Valley Electric Cooperative Non-Union 401(k) Plan ranks #177 of 738 2022 filers by assets (7311% of the sector average)-$7M for 57 participants.

#177
in Utilities (738 peers)
-25.7%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Minnesota Valley Electric Cooperative Non-Union 401(k) Plan's mid-pack asset rank among Utilities and all filers

Minnesota Valley Electric Cooperative Non-Union 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$7,343,939 Top 41% higher than 59% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Minnesota Valley Electric Cooperative Non-Union 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Minnesota Valley Electric Cooperative Non-Union 401(k) Plan is a small filing (57 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 410419150 · Minnesota Valley Electric Cooperative PY 2022 · 401(k)

Minnesota Valley Electric Cooperative Non-Union 401(k) Plan · $7M · 57 · 59th

  • PHOTO $7M
  • IND 57
  • EOY 59th
  • 5500 401(k)
  • ASSETS near Credit Control, LLC 401(k) Plan
  • PCT ind #177

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Minnesota →

Minnesota Valley Electric Cooperative Non-Union 401(k) Plan in the asset neighbourhood

Minnesota Valley Electric Cooperative Non-Union 401(k) PlanMinnesota Valley Electric Co…$7MCredit Control, LLC 401(k) PlanCredit Control, LLC 401(k) P…$7MBk Global, Inc. 401(k) Plan$7MMobius Consulting, LLC 401(k) P/S PlanMobius Consulting, LLC 401(k…$7MChelus, Herdzik, Speyer & Monte, P.C. 401(k) PlanChelus, Herdzik, Speyer & Mo…$7M
End-of-year total assets ($M) among Minnesota Valley Electric Cooperative Non-Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Utilities filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$7M
Net Income-$3M
Employer EIN410419150
Plan Effective Date2014-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnesota Valley Electric Cooperative)

Sponsor-wide plan assets over time

All Minnesota Valley Electric Cooperative plans reported in each filing year

Latest sponsor-wide plan assets
$18M 43.72439678727476% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $12.6M $18.1M ▲ +43.7%
Year Plans Participants Total Assets
2022 2 93 $13M
2023 2 91 $15M
2024 2 93 $18M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Minnesota Valley Electric Cooperative Non-Union 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Minnesota Valley Electric Cooperative Non-Union 401(k) Plan, Total assets ($B): 0.007343939 · Participants: 57Minnesota Valley Electric Cooperative Non-Union 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Minnesota Valley Electric Cooperative Non-Union 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Minnesota Valley Electric Cooperative Non-Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Credit Control, LLC 401(k) Plan in MO ($7M); by covered participants it is Custom Learning Designs, Inc. 401(k) Plan in MA (57 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (57 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Minnesota Valley Electric Cooperative Non-Union 401(k) Plan assets move in 2022?
Minnesota Valley Electric Cooperative Non-Union 401(k) Plan declined sharply - down 25.7% during 2022, from $10M to $7M. Reported net income was -$3M.
How have Minnesota Valley Electric Cooperative plan assets changed over time?
Across 3 plan years on file (2022-2024), Minnesota Valley Electric Cooperative's sponsor-wide assets grew 43.7%, from $13M to $18M.
Which 401(k) plans are similar in size to Minnesota Valley Electric Cooperative Non-Union 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Credit Control, LLC 401(k) Plan in MO ($7M, 327 participants).
Which 401(k) plans cover a similar participant headcount to Minnesota Valley Electric Cooperative Non-Union 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Custom Learning Designs, Inc. 401(k) Plan in MA (57 participants, $12M in assets).