401(k) · DOL Form 5500 · 2023

Lakes Area Cooperative 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
94
Participants Small participant base
56th
Percentile by assets National rank
$92,689
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Co-Op 401(k) Plan · Sponsored by Lakes Area Cooperative · Minnesota · Agriculture, Forestry & Fishing

$9M in assets, 94 participants

Lakes Area Cooperative's Co-Op 401(k) Plan reported $9M in total assets and 94 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

  • #773 in Agriculture, Forestry & Fishing (1,288 peers)

2023 asset change

Co-Op 401(k) Plan surged 91.4% in 2023 ($5M → $9M) for 94 participants.

#773
in Agriculture, Forestry & Fishing (1,288 peers)
+91.4%
assets growth YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Co-Op 401(k) Plan's mid-pack asset rank among Agriculture, Forestry & Fishing and all filers

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

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

$8,712,804 Top 44% higher than 56% 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 smaller 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 is a small filing (94 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 410474270 · Lakes Area Cooperative PY 2023 · 401(k)

Co-Op 401(k) Plan · $9M · 94 · 56th

  • ASSETS $9M
  • PCT 94
  • EIN 56th
  • RANK 401(k)
  • PHOTO near Orthopedic & Fracture Clinic, P.a. 401(k) Profit Sharing Plan & Trust
  • IND ind #773

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 Agriculture, Forestry & Fishing retirement plans → · Plans in Minnesota →

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

Co-Op 401(k) Plan$9MOrthopedic & Fracture Clinic, P.a. 401(k) Profit Sharing Plan & TrustOrthopedic & Fracture Clinic…$9MMiller Mayer 401(k) Plan$9MResident Home, LLC 401(k) PlanResident Home, LLC 401(k) Pl…$9MHigh Tech Finishing 401(k) PlanHigh Tech Finishing 401(k) P…$9M
End-of-year total assets ($M) among Co-Op 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Lakes Area Cooperative years around the 2023 move

Sponsor-wide plan assets over time

All Lakes Area Cooperative plans reported in each filing year

Latest sponsor-wide plan assets
$8M 4.44830389849238% vs 2023
2024 filing year
$8.2M$8.4M$8.6M$8.8M 20232024 $8.71M $8.33M ▼ -4.4%
Year Plans Participants Total Assets
2023 1 94 $9M
2024 1 178 $8M

2023 asset-move particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$9M
Net Income-$1M
Employer EIN410474270
Plan Effective Date1988-03-01
Filing StatusFILING RECEIVED

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): 0.008712804 · Participants: 94Co-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

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 Orthopedic & Fracture Clinic, P.a. 401(k) Profit Sharing Plan & Trust in ID ($9M); by covered participants it is Republic Companies 401(k) Retirement Plan in IA (94 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (94 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 surged - up 91.4% during 2023, from $5M to $9M. Reported net income was -$1M.
How have Lakes Area Cooperative plan assets changed over time?
Across 2 plan years on file (2023-2024), Lakes Area Cooperative's sponsor-wide assets declined 4.4%, from $9M to $8M.
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 Orthopedic & Fracture Clinic, P.a. 401(k) Profit Sharing Plan & Trust in ID ($9M, 18 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 Republic Companies 401(k) Retirement Plan in IA (94 participants, $11M in assets).