Defined Benefit (Pension) · DOL Form 5500 · 2022

Southern Minnesota Beet Sugar Cooperative Pension Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
233
Participants Below avg headcount
78th
Percentile by assets National rank
$91,857
Avg per participant Below avg balance/head
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Official DOL plan name: Southern Minnesota Beet Sugar Cooperative Retirement Plan B · Sponsored by Southern Minnesota Beet Sugar Cooperative · Minnesota · Agriculture, Forestry & Fishing

$21M in assets, 233 participants

Southern Minnesota Beet Sugar Cooperative's Southern Minnesota Beet Sugar Cooperative Retirement Plan B reported $21M in total assets and 233 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #1,304 in Agriculture, Forestry & Fishing (1,523 peers)

Coverage in Minnesota

Southern Minnesota Beet Sugar Cooperative Retirement Plan B covers 233 participants in Minnesota, about 21% of the average Minnesota filer (state average ~1,126 per filing). Assets: $21M.

#1,304
in Agriculture, Forestry & Fishing (1,523 peers)
-17.2%
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 Retirement Plan B's outsized position by total assets

Southern Minnesota Beet Sugar Cooperative Retirement Plan B vs every filed plan by assets

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

$21,402,620 Top 22% higher than 78% 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 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. Southern Minnesota Beet Sugar Cooperative Retirement Plan B sits mid-pack in the medium band (233 participants).

Published 5500 schedule card

Filing strip 410997475 · Southern Minnesota Beet Sugar Cooperative PY 2022 · Defined Benefit (Pension)

Southern Minnesota Beet Sugar Cooperative Retirement Plan B · $21M · 233 · 78th

  • VS-ST $21M
  • BOY 233
  • SCH 78th
  • EBSA Defined Benefit (Pension)
  • PART near UAW Black Lake Employees Pension Plan
  • TYPE ind #1304

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 Agriculture, Forestry & Fishing retirement plans → · Plans in Minnesota →

Southern Minnesota Beet Sugar Cooperative Retirement Plan B in the asset neighbourhood

Southern Minnesota Beet Sugar Cooperative Retirement Plan BSouthern Minnesota Beet Suga…$21MUAW Black Lake Employees Pension PlanUAW Black Lake Employees Pen…$21MContinental NA Automotive Union Pension Plan (Huntsville)Continental NA Automotive Un…$21MHolland & Knight Defined Benefit Pension PlanHolland & Knight Defined Ben…$21MComposition Roofers Local 42 Pension PlanComposition Roofers Local 42…$21M
End-of-year total assets ($M) among Southern Minnesota Beet Sugar Cooperative Retirement Plan B and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$21M
Net Income-$4M
Employer EIN410997475
Plan Effective Date1978-03-01
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 Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Southern Minnesota Beet Sugar Cooperative Retirement Plan B vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Southern Minnesota Beet Sugar Cooperative Retirement Plan B, Total assets ($B): 0.02140262 · Participants: 233Southern Minnesota Beet Sugar Cooperative Retirement Plan B3M Employee Retirement Income Plan, Total assets ($B): 14.047885796 · Participants: 121603M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 10.299849315 · Participants: 66434Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 3.940696075 · Participants: 25144The Travelers Pension PlanU.S. Bank Pension Plan, Total assets ($B): 3.73901396 · Participants: 55836U.S. Bank Pension PlanTarget Corporation Pension Plan, Total assets ($B): 3.348662968 · Participants: 50515Target Corporation Pension Plan
Southern Minnesota Beet Sugar Cooperative Retirement Plan B vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Southern Minnesota Beet Sugar Cooperative Retirement Plan B side-by-side with 3 peers →

Southern Minnesota Beet Sugar Cooperative 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 UAW Black Lake Employees Pension Plan in MI ($21M); by covered participants it is Fulton Fish Market Pension Fund in NY (233 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (233 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 Retirement Plan B assets move in 2022? ▼
Southern Minnesota Beet Sugar Cooperative Retirement Plan B declined sharply - down 17.2% during 2022, from $26M to $21M. 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 Retirement Plan B rank by assets among Form 5500 filers? ▼
Southern Minnesota Beet Sugar Cooperative Retirement Plan B ranks in the 78th 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 Defined Benefit (Pension) plans are similar in size to Southern Minnesota Beet Sugar Cooperative Retirement Plan B? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is UAW Black Lake Employees Pension Plan in MI ($21M, 10 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Southern Minnesota Beet Sugar Cooperative Retirement Plan B? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Fulton Fish Market Pension Fund in NY (233 participants, $46M 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.