Money Purchase · DOL Form 5500 · 2022

Minnkota Power Cooperative, Inc Money Purchase Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
362
Participants Below avg headcount
91st
Percentile by assets National rank
$193,434
Avg per participant Above avg balance/head
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Official DOL plan name: Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B · Sponsored by Minnkota Power Cooperative, Inc · North Dakota · Utilities

$70M in assets, 362 participants

Minnkota Power Cooperative, Inc's Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B reported $70M in total assets and 362 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #446 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B ranks #446 of 738 2022 filers by assets (767% of the sector average)-$70M for 362 participants.

#446
in Utilities (738 peers)
-15.3%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B's outsized position by total assets

Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B vs every filed plan by assets

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

$70,023,062 Top 9% higher than 91% 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

Minnkota Power Cooperative, Inc Employees Pension Plan - 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. Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B sits mid-pack in the medium band (362 participants).

DOL schedule card

Filing strip 450166406 · Minnkota Power Cooperative, Inc PY 2022 · Money Purchase

Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B · $70M · 362 · 91st

  • IND $70M
  • IND 362
  • IND 91st
  • IND Money Purchase
  • IND near Oup USA Defined Contribution Retirement Plan
  • IND ind #446

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 North Dakota →

Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B in the asset neighbourhood

Southern Ct IBEW Annuity Plan$71MMainegeneral Health Retirement Income PlanMainegeneral Health Retireme…$71MOup USA Defined Contribution Retirement PlanOup USA Defined Contribution…$70MMinnkota Power Cooperative, Inc Employees Pension Plan - Plan BMinnkota Power Cooperative, …$70MValmet, Inc. Pension Plan and TrustValmet, Inc. Pension Plan an…$69M
End-of-year total assets ($M) among Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

Utilities filing particulars

Total Assets (Beginning of Year)$83M
Net Assets (End of Year)$70M
Net Income-$13M
Employer EIN450166406
Plan Effective Date1961-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnkota Power Cooperative, Inc)

Sponsor-wide plan assets over time

All Minnkota Power Cooperative, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$169M 37.39444569682429% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $123M $169M ▲ +37.4%
Year Plans Participants Total Assets
2022 3 1,123 $123M
2023 3 1,055 $146M
2024 3 1,157 $169M

Nearby Money Purchase Plans in North Dakota

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B vs. nearby Money Purchase plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B, Total assets ($B): 0.070023062 · Participants: 362Minnkota Power Cooperative, Inc Employees Pension Plan - Plan BNational Electrical Annuity Plan, Total assets ($B): 13.78381311 · Participants: 80049National Electrical Annuity PlanThe Permanente Contribution Plan of the Permanente Medical Group, Inc., Total assets ($B): 5.882091384 · Participants: 17035The Permanente Contribution Plan of the Permanente Medical Group, Inc.Tiaa Retirement Plan, Total assets ($B): 4.543178238 · Participants: 11825Tiaa Retirement PlanKaiser Permanente Supplemental Savings and Retirement Plan, Total assets ($B): 4.331783513 · Participants: 36448Kaiser Permanente Supplemental Savings and Retirement PlanUniversity of Southern California Defined Contribution Retirement Plan, Total assets ($B): 3.768465559 · Participants: 20087University of Southern California Defined Contribution Retirement Plan
Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B vs. nearby Money Purchase plans in North Dakota, assets vs. participants
Compare Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B side-by-side with 3 peers →

Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B's out-of-state Money Purchase peers by assets and headcount

Outside North Dakota, the nearest Money Purchase by assets is Oup USA Defined Contribution Retirement Plan in NY ($70M); by covered participants it is Kaiser Permanente Northwest Supplemental Retirement Plan in CA (362 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($70M here).

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 Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B assets move in 2022? ▼
Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B declined sharply - down 15.3% during 2022, from $83M to $70M. Reported net income was -$13M.
How have Minnkota Power Cooperative, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Minnkota Power Cooperative, Inc's sponsor-wide assets grew 37.4%, from $123M to $169M.
Where does Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B rank by assets among Form 5500 filers? ▼
Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B? ▼
Among Money Purchase plans in other states, the closest by assets is Oup USA Defined Contribution Retirement Plan in NY ($70M, 412 participants).
Which Money Purchase plans cover a similar participant headcount to Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B? ▼
Among Money Purchase plans in other states, the closest by covered participants is Kaiser Permanente Northwest Supplemental Retirement Plan in CA (362 participants, $44M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 450166406.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.