401(k) · DOL Form 5500 · 2023

Basin Electric Power Cooperative 401(k) Plan

Data updated 2026-08-11

$355M
Total assets
767
Participants
97th
Percentile by assets
$463,370
Avg per participant
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Official DOL plan name: Basin Electric Power Cooperative 401(k) Plan · Sponsored by Basin Electric Power Cooperative · North Dakota · Utilities

$355M in assets, 767 participants

Basin Electric Power Cooperative's Basin Electric Power Cooperative 401(k) Plan reported $355M in total assets and 767 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #564 in Utilities (721 peers)

Where Basin Electric Power Cooperative 401(k) Plan sits by assets

Basin Electric Power Cooperative 401(k) Plan sits in the top 5% of all filed plans by assets, $355M for 767 participants (~$463,370/participant), up 8.0% in 2023.

$355M
total plan assets (2023 EOY)
767
covered participants
97th
percentile by assets (of 127,072 plans)
$463,370
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Basin Electric Power Cooperative 401(k) Plan reported net income rose from -$64M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Basin Electric Power Cooperative 401(k) Plan end-of-year assets rose from $329M in the plan year 2022 filing to $355M in the plan year 2023 filing.
  • Basin Electric Power Cooperative 401(k) Plan reported participants rose from 755 in the plan year 2022 filing to 767 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Basin Electric Power Cooperative 401(k) Plan vs the 2023 asset distribution

By assets, Basin Electric Power Cooperative 401(k) Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$329M
Net Assets (End of Year)$355M
Net Income$24M
Employer EIN450277395
Plan Effective Date1993-08-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Basin Electric Power Cooperative)

$450M$500M$550M$600M 202220232024 $470M $566M ▲ +20.4%
Total plan assets by year, all Basin Electric Power Cooperative plans on file
Year Plans Participants Total Assets
2022 3 1,261 $470M
2023 3 1,276 $508M
2024 3 1,309 $566M

Nearby 401(k) Plans in North Dakota

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

Basin Electric Power Cooperative 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Basin Electric Power Cooperative 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 01234 Total assets ($B) Participants Basin Electric Power…Sanford Retirement S…Mdu Resources Group,…Knife River Corporat…Dakotas Areawide IBE…Eide Bailly LLP 401(…
Basin Electric Power Cooperative 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Basin Electric Power Cooperative 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Basin Electric Power Cooperative 401(k) Plan assets move in 2023?
Basin Electric Power Cooperative 401(k) Plan grew at a solid clip - up 8.0% during 2023, from $329M to $355M. Reported net income was $24M.
How have Basin Electric Power Cooperative plan assets changed over time?
Across 3 plan years on file (2022-2024), Basin Electric Power Cooperative's sponsor-wide assets grew 20.4%, from $470M to $566M.
Where does Basin Electric Power Cooperative 401(k) Plan rank by assets among Form 5500 filers?
Basin Electric Power Cooperative 401(k) Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Basin Electric Power Cooperative 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Alpha Metallurgical Resources 401(k) Retirement Savings Plan in TN ($355M, 3,591 participants).

Next read for Basin Electric Power Cooperative 401(k) …

Scale reading

Ways to act on Basin Electric Power Cooperative 401(k) Plan's numbers.

  • By total assets, Basin Electric Power Cooperative 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in North Dakota. Compare plans
  • Basin Electric Power Cooperative's sponsor-wide assets have grown 20.4% since 2022 across 3 plan years on file. More Utilities plans