Defined Benefit (Pension) · DOL Form 5500 · 2023

Minnesota Bakers Union Pension Plan Pension Plan

Data updated 2026-08-11

$212M
Total assets
732
Participants
95th
Percentile by assets
$289,670
Avg per participant
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Official DOL plan name: Minnesota Bakers Union Pension Plan · Sponsored by Minnesota Bakers Union Pension Plan · Minnesota · Manufacturing

$212M in assets, 732 participants

Minnesota Bakers Union Pension Plan's Minnesota Bakers Union Pension Plan reported $212M in total assets and 732 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #17,248 in Manufacturing (18,722 peers)

Where Minnesota Bakers Union Pension Plan sits by assets

Minnesota Bakers Union Pension Plan sits in the top 5% of all filed plans by assets, $212M for 732 participants (~$289,670/participant), up 10.0% in 2023.

$212M
total plan assets (2023 EOY)
732
covered participants
95th
percentile by assets (of 127,072 plans)
$289,670
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Minnesota Bakers Union Pension Plan reported net income rose from -$42M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Minnesota Bakers Union Pension Plan end-of-year assets rose from $193M in the plan year 2022 filing to $212M in the plan year 2023 filing.
  • Minnesota Bakers Union Pension Plan reported participants fell from 769 in the plan year 2022 filing to 732 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Minnesota Bakers Union Pension Plan vs the 2023 asset distribution

By assets, Minnesota Bakers Union Pension Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$193M
Net Assets (End of Year)$212M
Net Income$19M
Employer EIN416018079
Plan Effective Date1955-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnesota Bakers Union Pension Plan)

$180M$200M$220M$240M 202220232024 $193M $227M ▲ +17.9%
Total plan assets by year, all Minnesota Bakers Union Pension Plan plans on file
Year Plans Participants Total Assets
2022 1 769 $193M
2023 1 732 $212M
2024 1 763 $227M

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Minnesota Bakers Union Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Minnesota Bakers Union Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Minnesota Bakers Uni…3M Employee Retireme…Mayo Pension PlanThe Travelers Pensio…General Mills Pensio…U.S. Bank Pension Plan
Minnesota Bakers Union Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Minnesota Bakers Union Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Minnesota Bakers Union Pension Plan assets move in 2023?
Minnesota Bakers Union Pension Plan grew at a solid clip - up 10.0% during 2023, from $193M to $212M. Reported net income was $19M.
How have Minnesota Bakers Union Pension Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), Minnesota Bakers Union Pension Plan's sponsor-wide assets grew 17.9%, from $193M to $227M.
Where does Minnesota Bakers Union Pension Plan rank by assets among Form 5500 filers?
Minnesota Bakers Union Pension Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Minnesota Bakers Union Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Northshore University Healthsystem Pension Plan in IL ($212M, 1,160 participants).

Next read for Minnesota Bakers Union Pension Plan

Scale reading

Ways to act on Minnesota Bakers Union Pension Plan's numbers.

  • By total assets, Minnesota Bakers Union Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
  • Minnesota Bakers Union Pension Plan's sponsor-wide assets have grown 17.9% since 2022 across 3 plan years on file. More Manufacturing plans