401(k) · DOL Form 5500 · 2023

Nuvera Communications, Inc. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
222
Participants Below avg headcount
78th
Percentile by assets National rank
$123,903
Avg per participant Near avg balance/head
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Official DOL plan name: Nuvera Communications, Inc. Salary Savings Plan · Sponsored by Nuvera Communications, Inc. · Minnesota · Information & Media

$28M in assets, 222 participants

Nuvera Communications, Inc.'s Nuvera Communications, Inc. Salary Savings Plan reported $28M in total assets and 222 participants in its 2023 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.

  • #1,966 in Information & Media (2,818 peers)

Coverage in Minnesota

Nuvera Communications, Inc. Salary Savings Plan covers 222 participants in Minnesota, about 20% of the average Minnesota filer (state average ~1,126 per filing). Assets: $28M.

#1,966
in Information & Media (2,818 peers)
+17.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Nuvera Communications, Inc. Salary Savings Plan's outsized position by total assets

Nuvera Communications, Inc. Salary Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$27,506,378 Top 22% higher than 78% of 127,068 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 2023

Nuvera Communications, Inc. Salary Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nuvera Communications, Inc. Salary Savings Plan sits mid-pack in the medium band (222 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nuvera Communications, Inc. Salary Savings Plan reported net income rose from -$6M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Nuvera Communications, Inc. Salary Savings Plan end-of-year assets rose from $23M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Nuvera Communications, Inc. Salary Savings Plan reported participants rose from 211 in the plan year 2022 filing to 222 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410440990 · Nuvera Communications, Inc. PY 2023 · 401(k)

Nuvera Communications, Inc. Salary Savings Plan · $28M · 222 · 78th

  • RANK $28M
  • RANK 222
  • RANK 78th
  • RANK 401(k)
  • RANK near Holliday Rock Co., Inc. 401(k) Profit Sharing Plan
  • RANK ind #1966

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 Information & Media retirement plans → · Plans in Minnesota →

Nuvera Communications, Inc. Salary Savings Plan in the asset neighbourhood

Nuvera Communications, Inc. Salary Savings PlanNuvera Communications, Inc. …$28MHolliday Rock Co., Inc. 401(k) Profit Sharing PlanHolliday Rock Co., Inc. 401(…$28MMmgl 401(k) Plan$28MObi Seafoods 401(k) Plan$28MUmh Properties, Inc. 401(k) PlanUmh Properties, Inc. 401(k) …$28M
End-of-year total assets ($M) among Nuvera Communications, Inc. Salary Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$28M
Net Income$4M
Employer EIN410440990
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nuvera Communications, Inc.)

Sponsor-wide plan assets over time

All Nuvera Communications, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$31M 30.88970031856026% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $23.4M $30.6M ▲ +30.9%
Year Plans Participants Total Assets
2022 1 211 $23M
2023 1 222 $28M
2024 1 223 $31M

Nearby 401(k) Plans in Minnesota

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

Nuvera Communications, Inc. Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Nuvera Communications, Inc. Salary Savings Plan, Total assets ($B): 0.027506378 · Participants: 222Nuvera Communications, Inc. Salary Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Nuvera Communications, Inc. Salary Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Nuvera Communications, Inc. Salary Savings Plan side-by-side with 3 peers →

Nuvera Communications, Inc. Salary Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Holliday Rock Co., Inc. 401(k) Profit Sharing Plan in CA ($28M); by covered participants it is Preferred Employer Plan Fbo Foothills Gateway, Inc in AZ (222 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($28M here).

Similar participant headcount

Nearest other-state filings by covered participants (222 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nuvera Communications, Inc. Salary Savings Plan assets move in 2023? ▼
Nuvera Communications, Inc. Salary Savings Plan grew sharply - up 17.7% during 2023, from $23M to $28M. Reported net income was $4M.
How have Nuvera Communications, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nuvera Communications, Inc.'s sponsor-wide assets grew 30.9%, from $23M to $31M.
Where does Nuvera Communications, Inc. Salary Savings Plan rank by assets among Form 5500 filers? ▼
Nuvera Communications, Inc. Salary Savings Plan ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Nuvera Communications, Inc. Salary Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Holliday Rock Co., Inc. 401(k) Profit Sharing Plan in CA ($28M, 554 participants).
Which 401(k) plans cover a similar participant headcount to Nuvera Communications, Inc. Salary Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Preferred Employer Plan Fbo Foothills Gateway, Inc in AZ (222 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410440990.

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.