401(k) · DOL Form 5500 · 2023
Connexus Energy 401(k) Plan
Data updated 2026-08-11
- $88M
- Total assets
- 211
- Participants
- 90th
- Percentile by assets
- $418,426
- Avg per participant
Official DOL plan name: Connexus Energy Retirement Savings Plan · Sponsored by Connexus Energy · Minnesota · Utilities
$88M in assets, 211 participants
Connexus Energy's Connexus Energy Retirement Savings Plan reported $88M in total assets and 211 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 127,072 plans)
- #439 in Utilities (721 peers)
Coverage in Minnesota
Connexus Energy Retirement Savings Plan covers 211 participants in Minnesota, about 19% of the average Minnesota filer (state average ~1,126 per filing). Assets: $88M.
- $88M
- total plan assets (2023 EOY)
- 211
- covered participants
- 90th
- percentile by assets (of 127,072 plans)
- $418,426
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Connexus Energy Retirement Savings Plan reported net income rose from -$16M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Connexus Energy Retirement Savings Plan end-of-year assets rose from $84M in the plan year 2022 filing to $88M in the plan year 2023 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Connexus Energy Retirement Savings Plan reports 211 participants - about 19% of that state average ($88M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $84M |
|---|---|
| Net Assets (End of Year) | $88M |
| Net Income | $4M |
| Employer EIN | 410128105 |
| Plan Effective Date | 1961-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Connexus Energy)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 307 | $84M |
| 2023 | 1 | 211 | $88M |
| 2024 | 1 | 222 | $94M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Connexus Energy Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
- Target Corporation 401(k) Plan $13.0B · 432,617
- Medtronic Savings and Investment Plan $12.9B · 44,342
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
- U.S. Bank 401(k) Savings Plan $10.3B · 75,272
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Connexus Energy Retirement Savings Plan by total assets, not by location.
- Xtra 401(k) Savings and Retirement Plan (MO) $88M · 364
- Performance Trust Retirement Plan (IL) $88M · 361
- Legends 401(k) Profit Sharing Plan (NY) $88M · 10,581
- Emerald Queen Casino 401(k) Plan (WA) $88M · 2,295
Frequently Asked Questions
How did Connexus Energy Retirement Savings Plan assets move in 2023? ▼
How have Connexus Energy plan assets changed over time? ▼
Where does Connexus Energy Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Connexus Energy Retirement Savings Plan? ▼
Next read for Connexus Energy Retirement Savings Plan
Filing takeaways
Ways to act on Connexus Energy Retirement Savings Plan's numbers.
- By total assets, Connexus Energy Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Connexus Energy's sponsor-wide assets have grown 11.6% since 2022 across 3 plan years on file. More Utilities plans