Money Purchase · DOL Form 5500 · 2022
Minnkota Power Cooperative, Inc Money Purchase Plan
Data updated 2026-08-11
- $70M
- Total assets
- 362
- Participants
- 91st
- Percentile by assets
- $193,434
- Avg per participant
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.
- 91st percentile by assets (of 139,126 plans)
- #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.
- $70M
- total plan assets (2022 EOY)
- 362
- covered participants
- 91st
- percentile by assets (of 139,126 plans)
- $193,434
- avg assets per participant
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.
Rank #446 in Utilities
Among 738 Utilities plans that filed a Form 5500 for plan year 2022, Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B ranks #446 by end-of-year assets - about 767% of the sector average of $537M. Nationally it sits in the 91st percentile, a weaker position within its industry than across all filers.
Utilities filing particulars
| Total Assets (Beginning of Year) | $83M |
|---|---|
| Net Assets (End of Year) | $70M |
| Net Income | -$13M |
| Employer EIN | 450166406 |
| Plan Effective Date | 1961-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Minnkota Power Cooperative, Inc)
| 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
- National Electrical Annuity Plan $13.8B · 80,049
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $5.9B · 17,035
- Tiaa Retirement Plan $4.5B · 11,825
- Kaiser Permanente Supplemental Savings and Retirement Plan $4.3B · 36,448
- University of Southern California Defined Contribution Retirement Plan $3.8B · 20,087
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B by total assets, not by location.
- Oup USA Defined Contribution Retirement Plan (NY) $70M · 412
- Southern Ct IBEW Annuity Plan (CT) $71M · 479
- Mainegeneral Health Retirement Income Plan (ME) $71M · 4,330
- Valmet, Inc. Pension Plan and Trust (GA) $69M · 1,455
Frequently Asked Questions
How did Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B assets move in 2022? ▼
How have Minnkota Power Cooperative, Inc plan assets changed over time? ▼
Where does Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B? ▼
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Filing takeaways
Ways to act on Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B's numbers.
- By total assets, Minnkota Power Cooperative, Inc Employees Pension Plan - Plan B ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in North Dakota. Compare plans
- Minnkota Power Cooperative, Inc's sponsor-wide assets have grown 37.4% since 2022 across 3 plan years on file. More Utilities plans