Defined Benefit (Pension) · DOL Form 5500 · 2022
Allete and Affiliated Companies Pension Plan
Data updated 2026-08-25
- $154M
- Total assets Near avg plan size
- 338
- Participants Below avg headcount
- 95th
- Percentile by assets National rank
- $456,517
- Avg per participant High balance/head
Official DOL plan name: Allete and Affiliated Companies Retirement Plan B · Sponsored by Allete and Affiliated Companies · Minnesota · Utilities
$154M in assets, 338 participants
Allete and Affiliated Companies's Allete and Affiliated Companies Retirement Plan B reported $154M in total assets and 338 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.
- #515 in Utilities (738 peers)
Coverage in Minnesota
Allete and Affiliated Companies Retirement Plan B covers 338 participants in Minnesota, about 30% of the average Minnesota filer (state average ~1,126 per filing). Assets: $154M.
- #515
- in Utilities (738 peers)
- -15.1%
- assets change YoY
- 1.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $30M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Allete and Affiliated Companies Retirement Plan B's outsized position by total assets
Allete and Affiliated Companies Retirement Plan B vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$154,302,883 Top 5% higher than 95% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Allete and Affiliated Companies Retirement Plan B among mid-size filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Allete and Affiliated Companies Retirement Plan B sits mid-pack in the medium band (338 participants).
EBSA filing schedule strip
Filing strip 410418150 · Allete and Affiliated Companies PY 2022 · Defined Benefit (Pension)
Allete and Affiliated Companies Retirement Plan B · $154M · 338 · 95th
- EOY $154M
- EOY 338
- EOY 95th
- EOY Defined Benefit (Pension)
- EOY near National Gypsum General Pension Plan
- EOY ind #515
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 →
Allete and Affiliated Companies Retirement Plan B in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $182M |
|---|---|
| Net Assets (End of Year) | $154M |
| Net Income | -$30M |
| Employer EIN | 410418150 |
| Plan Effective Date | 1952-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Allete and Affiliated Companies)
Sponsor-wide plan assets over time
All Allete and Affiliated Companies plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.2B 14.134002992784422% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 1,910 | $1.1B |
| 2023 | 3 | 1,923 | $1.1B |
| 2024 | 3 | 2,021 | $1.2B |
Nearby Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 3M Employee Retirement Income Plan $14.0B · 12,160
- Mayo Pension Plan $10.3B · 66,434
- The Travelers Pension Plan $3.9B · 25,144
- U.S. Bank Pension Plan $3.7B · 55,836
- Target Corporation Pension Plan $3.3B · 50,515
Allete and Affiliated Companies Retirement Plan B's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Minnesota, the nearest Defined Benefit (Pension) by assets is National Gypsum General Pension Plan in NC ($154M); by covered participants it is Doctors Community Hospital Cash Balance Pension Plan in MD (338 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($154M here).
- National Gypsum General Pension Plan (NC) $154M · 593
- The Timken-Latrobe-Mpb-Torrington Retirement Plan (OH) $154M · 1,364
- Loyola University Employees' Retirement Plan (IL) $154M · 1,099
- John Maneely Company Pension Plan (IL) $154M · 327
Similar participant headcount
Nearest other-state filings by covered participants (338 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.