MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN

Reviewed byPlainRetire Editorial, Retirement Plans Editorial Team · June 3, 2026

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

MINNKOTA POWER COOPERATIVE, INC.

This Profit Sharing plan holds $62M in total assets and serves 405 participants as of 2023. It is sponsored by MINNKOTA POWER COOPERATIVE, INC. in North Dakota. The plan reported positive net income of $12M for the year.

Total Assets (2023)

$62M

Participants

405

State

North Dakota

Industry

Utilities

What the Filing Says About MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN

MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN is a Profit Sharing retirement plan sponsored by MINNKOTA POWER COOPERATIVE, INC., headquartered in North Dakota. As of the 2023 Form 5500 filing, the plan reports $62M in total end-of-year assets and covers 405 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 450166406, and the plan has been effective since 1988-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $49M at the beginning of 2023 to $62M at year-end — a gain of 25.4%. Net assets (after liabilities) closed the year at $62M, with reported net income of $12M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)	$49M
Total Assets (End of Year)	$62M
Net Assets (End of Year)	$62M
Net Income	$12M
Plan Type	Profit Sharing
Employer EIN	450166406
Plan Effective Date	1988-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (MINNKOTA POWER COOPERATIVE, INC.)

Year	Plans	Participants	Total Assets
2022	3	1,123	$123M
2023	3	1,055	$146M
2024	3	1,157	$169M

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Frequently Asked Questions

How much money is in the MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN? ▼

As of the 2023 Form 5500 filing, MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN holds $62M in total assets with 405 participants. It is sponsored by MINNKOTA POWER COOPERATIVE, INC..

What type of plan is MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN? ▼

MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN is a Profit Sharing plan. It has been effective since 1988-01-01. The plan is filed with the U.S. Department of Labor under EIN 450166406.

Who sponsors the MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN? ▼

MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN is sponsored by MINNKOTA POWER COOPERATIVE, INC., located in North Dakota. The sponsor's EIN is 450166406 and the plan operates in the Utilities industry.

How did MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN perform in 2023? ▼

MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN grew by 25.4% during 2023, moving from $49M to $62M in total assets. Net income was $12M.

Where can I find official filings for MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN? ▼

Official Form 5500 filings for MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 450166406 or plan name at efast.dol.gov.

How does MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN compare to other plans? ▼

You can compare MINNKOTA POWER COOPERATIVE, INC. EMPLOYEES 401(K) PLAN against other Profit Sharing plans on the plan type page, or view plans in North Dakota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.