Money Purchase · DOL Form 5500 · 2024

First District Association Money Purchase Plan

Data updated 2026-08-11

$10M
Total assets: 117
Participants: 55th
Percentile by assets: $83,021
Avg per participant

Official DOL plan name: First District Association Retirement Benefit Program for Union Employees · Sponsored by First District Association · Minnesota · Agriculture, Forestry & Fishing

$10M in assets, 117 participants

First District Association's First District Association Retirement Benefit Program for Union Employees reported $10M in total assets and 117 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.

55th percentile by assets (of 123,622 plans)
#737 in Agriculture, Forestry & Fishing (1,217 peers)

Coverage in Minnesota

First District Association Retirement Benefit Program for Union Employees covers 117 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $10M.

$10M
total plan assets (2024 EOY): 117
covered participants: 55th
percentile by assets (of 123,622 plans): $83,021
avg assets per participant

The plan reported a net loss of $194K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First District Association Retirement Benefit Program for Union Employees reported net income fell from $1M in the plan year 2023 filing to -$194K in the plan year 2024 filing.
First District Association Retirement Benefit Program for Union Employees reported participants rose from 94 in the plan year 2023 filing to 117 in the plan year 2024 filing.
First District Association Retirement Benefit Program for Union Employees end-of-year assets fell from $10M in the plan year 2023 filing to $10M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Minnesota

Industry

Agriculture, Forestry & Fishing

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. First District Association Retirement Benefit Program for Union Employees reports 117 participants - about 10% of that state average ($10M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$10M
Net Assets (End of Year)	$10M
Net Income	-$194K
Employer EIN	410255940
Plan Effective Date	1998-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (First District Association)

Total plan assets by year, all First District Association plans on file

Year	Plans	Participants	Total Assets
2023	1	94	$10M
2024	1	117	$10M

Nearby Money Purchase Plans in Minnesota

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

First District Association Retirement Benefit Program for Union Employees vs. nearby Money Purchase plans in Minnesota, assets vs. participants

Thrivent Capital Accumulation Plan $461M · 1,816
St. Paul Electrical Construction Workers Supplemental Pension Plan $308M · 2,787
Boilermakers Lodge 154 Retirement Plan $157M · 6,951
Central Iowa Carpenters Money Purchase Plan $132M · 811
Nmdp Employer Contribution Plan $119M · 1,708

Compare First District Association Retirement Be… side-by-side with 3 peers →

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to First District Association Retirement Benefit Program for Union Employees by total assets, not by location.

Midland Emergency Room Corp. Employee Pension Plan (MI) $10M · 30
National Production Workers Union Severance Trust Fund (IL) $10M · N/A
Facility Solutions Group, Inc Davis-Bacon Pension Plan & Trust (TX) $10M · 577
Larkin & Associates PLLC Keogh Plan (MI) $10M · 7

Frequently Asked Questions

How did First District Association Retirement Benefit Program for Union Employees assets move in 2024? ▼

First District Association Retirement Benefit Program for Union Employees edged down modestly - down 2.0% during 2024, from $10M to $10M. Reported net income was -$194K.

How have First District Association plan assets changed over time? ▼

Across 2 plan years on file (2023-2024), First District Association's sponsor-wide assets declined 2.0%, from $10M to $10M.

Which Money Purchase plans are similar in size to First District Association Retirement Benefit Program for Union Employees? ▼

Among Money Purchase plans in other states, the closest by assets is Midland Emergency Room Corp. Employee Pension Plan in MI ($10M, 30 participants).

Next read for First District Association Retirement Be…

Filing takeaways

Ways to act on First District Association Retirement Benefit Program for Union Employees's numbers.

By total assets, First District Association Retirement Benefit Program for Union Employees ranks above the median plan by assets. See the largest plans
Compare it side-by-side against 3 similar Money Purchase plans in Minnesota. Compare plans
First District Association's sponsor-wide assets have declined 2.0% since 2023 across 2 plan years on file. More Agriculture, Forestry & Fishing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410255940.