401(k) · DOL Form 5500 · 2022

Southern Minnesota Beet Sugar Cooperative 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
279
Participants Below avg headcount
75th
Percentile by assets National rank
$61,059
Avg per participant Low balance/head
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Official DOL plan name: Southern Minnesota Beet Sugar Cooperative 401(k) Plan · Sponsored by Southern Minnesota Beet Sugar Cooperative · Minnesota · Manufacturing

$17M in assets, 279 participants

Southern Minnesota Beet Sugar Cooperative's Southern Minnesota Beet Sugar Cooperative 401(k) Plan reported $17M in total assets and 279 participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • #13,329 in Manufacturing (20,602 peers)

Coverage in Minnesota

Southern Minnesota Beet Sugar Cooperative 401(k) Plan covers 279 participants in Minnesota, about 25% of the average Minnesota filer (state average ~1,126 per filing). Assets: $17M.

#13,329
in Manufacturing (20,602 peers)
-18.2%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Southern Minnesota Beet Sugar Cooperative 401(k) Plan's outsized position by total assets

Southern Minnesota Beet Sugar Cooperative 401(k) Plan vs every filed plan by assets

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

$17,035,322 Top 25% higher than 75% 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

Southern Minnesota Beet Sugar Cooperative 401(k) Plan 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. Southern Minnesota Beet Sugar Cooperative 401(k) Plan sits mid-pack in the medium band (279 participants).

EBSA filing schedule strip

Filing strip 410997475 · Southern Minnesota Beet Sugar Cooperative PY 2022 · 401(k)

Southern Minnesota Beet Sugar Cooperative 401(k) Plan · $17M · 279 · 75th

  • EIN $17M
  • RANK 279
  • PHOTO 75th
  • IND 401(k)
  • EOY near Brown Clinic, Pllp 401(k) Plan
  • 5500 ind #13329

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 Manufacturing retirement plans → · Plans in Minnesota →

Southern Minnesota Beet Sugar Cooperative 401(k) Plan in the asset neighbourhood

Southern Minnesota Beet Sugar Cooperative 401(k) PlanSouthern Minnesota Beet Suga…$17MBrown Clinic, Pllp 401(k) PlanBrown Clinic, Pllp 401(k) Pl…$17MThe Loomis Company 401(k) Profit Sharing PlanThe Loomis Company 401(k) Pr…$17MDetroit Diesel UAW 412 Savings PlanDetroit Diesel UAW 412 Savin…$17MLifting Gear Hire Corporation 401(k) PlanLifting Gear Hire Corporatio…$17M
End-of-year total assets ($M) among Southern Minnesota Beet Sugar Cooperative 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$17M
Net Income-$4M
Employer EIN410997475
Plan Effective Date1984-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Minnesota Beet Sugar Cooperative)

Sponsor-wide plan assets over time

All Southern Minnesota Beet Sugar Cooperative plans reported in each filing year

Latest sponsor-wide plan assets
$50M 29.36919203426656% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $38.4M $49.7M ▲ +29.4%
Year Plans Participants Total Assets
2022 2 512 $38M
2023 2 339 $43M
2024 2 389 $50M

Nearby 401(k) Plans in Minnesota

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

Southern Minnesota Beet Sugar Cooperative 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Southern Minnesota Beet Sugar Cooperative 401(k) Plan, Total assets ($B): 0.017035322 · Participants: 279Southern Minnesota Beet Sugar Cooperative 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
Southern Minnesota Beet Sugar Cooperative 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Southern Minnesota Beet Sugar Cooperative 401(k) Plan side-by-side with 3 peers →

Southern Minnesota Beet Sugar Cooperative 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Brown Clinic, Pllp 401(k) Plan in SD ($17M); by covered participants it is Norwalk Hospital Employee Savings Plan in CT (279 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (279 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 Southern Minnesota Beet Sugar Cooperative 401(k) Plan assets move in 2022? ▼
Southern Minnesota Beet Sugar Cooperative 401(k) Plan declined sharply - down 18.2% during 2022, from $21M to $17M. Reported net income was -$4M.
How have Southern Minnesota Beet Sugar Cooperative plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Minnesota Beet Sugar Cooperative's sponsor-wide assets grew 29.4%, from $38M to $50M.
Where does Southern Minnesota Beet Sugar Cooperative 401(k) Plan rank by assets among Form 5500 filers? ▼
Southern Minnesota Beet Sugar Cooperative 401(k) Plan ranks in the 75th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Southern Minnesota Beet Sugar Cooperative 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Brown Clinic, Pllp 401(k) Plan in SD ($17M, 125 participants).
Which 401(k) plans cover a similar participant headcount to Southern Minnesota Beet Sugar Cooperative 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Norwalk Hospital Employee Savings Plan in CT (279 participants, N/A 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 410997475.

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.