401(k) · DOL Form 5500 · 2023

Farmers Union Industries, LLC 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
469
Participants Below avg headcount
77th
Percentile by assets National rank
$56,333
Avg per participant Low balance/head
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Official DOL plan name: Co-Op 401(k) Plan · Sponsored by Farmers Union Industries, LLC · Minnesota · Manufacturing

$26M in assets, 469 participants

Farmers Union Industries, LLC's Co-Op 401(k) Plan reported $26M in total assets and 469 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #12,830 in Manufacturing (18,722 peers)

Coverage in Minnesota

Co-Op 401(k) Plan covers 469 participants in Minnesota, about 42% of the average Minnesota filer (state average ~1,126 per filing). Assets: $26M.

#12,830
in Manufacturing (18,722 peers)
+17.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Co-Op 401(k) Plan's outsized position by total assets

Co-Op 401(k) Plan vs every filed plan by assets

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

$26,420,126 Top 23% higher than 77% 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

Co-Op 401(k) 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. Co-Op 401(k) Plan sits mid-pack in the medium band (469 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Co-Op 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Co-Op 401(k) Plan end-of-year assets rose from $23M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Co-Op 401(k) Plan reported participants rose from 422 in the plan year 2022 filing to 469 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 203001031 · Farmers Union Industries, LLC PY 2023 · 401(k)

Co-Op 401(k) Plan · $26M · 469 · 77th

  • NET $26M
  • NET 469
  • NET 77th
  • NET 401(k)
  • NET near Ivan Ware & Son Inc. 401(k) Profit Sharing Plan
  • NET ind #12830

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 Manufacturing retirement plans → · Plans in Minnesota →

Co-Op 401(k) Plan in the asset neighbourhood

Co-Op 401(k) Plan$26MIvan Ware & Son Inc. 401(k) Profit Sharing PlanIvan Ware & Son Inc. 401(k) …$26MWedgewood 401(k) Plan$26MThe Lenkin Companies 401(k) Retirement PlanThe Lenkin Companies 401(k) …$26MMega International Commercial Bank Co., Ltd. 401(k) Retirement PlanMega International Commercia…$26M
End-of-year total assets ($M) among Co-Op 401(k) 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)$26M
Net Income$4M
Employer EIN203001031
Plan Effective Date2000-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Farmers Union Industries, LLC)

Sponsor-wide plan assets over time

All Farmers Union Industries, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$72M 23.940163023230582% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $58.2M $72.1M ▲ +23.9%
Year Plans Participants Total Assets
2022 2 490 $58M
2023 2 527 $67M
2024 2 538 $72M

Nearby 401(k) Plans in Minnesota

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

Co-Op 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Co-Op 401(k) Plan, Total assets ($B): 0.026420126 · Participants: 469Co-Op 401(k) 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
Co-Op 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Co-Op 401(k) Plan side-by-side with 3 peers →

Co-Op 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Ivan Ware & Son Inc. 401(k) Profit Sharing Plan in KY ($26M); by covered participants it is Mgs Employee 401(k) Plan in WI (469 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (469 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 Co-Op 401(k) Plan assets move in 2023? ▼
Co-Op 401(k) Plan grew sharply - up 17.0% during 2023, from $23M to $26M. Reported net income was $4M.
How have Farmers Union Industries, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Farmers Union Industries, LLC's sponsor-wide assets grew 23.9%, from $58M to $72M.
Where does Co-Op 401(k) Plan rank by assets among Form 5500 filers? ▼
Co-Op 401(k) Plan ranks in the 77th 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 Co-Op 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ivan Ware & Son Inc. 401(k) Profit Sharing Plan in KY ($26M, 132 participants).
Which 401(k) plans cover a similar participant headcount to Co-Op 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mgs Employee 401(k) Plan in WI (469 participants, $54M 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 203001031.

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.