401(k) · DOL Form 5500 · 2024

Southern Minnesota Beet Sugar Cooperative 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
130
Participants Small participant base
74th
Percentile by assets National rank
$192,568
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Southern Minnesota Beet Sugar Cooperative 401(k) Plan · Sponsored by Southern Minnesota Beet Sugar Cooperative · Minnesota · Manufacturing

$25M in assets, 130 participants

Southern Minnesota Beet Sugar Cooperative's Southern Minnesota Beet Sugar Cooperative 401(k) Plan reported $25M in total assets and 130 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,515 in Manufacturing (17,777 peers)

Coverage in Minnesota

Southern Minnesota Beet Sugar Cooperative 401(k) Plan covers 130 participants in Minnesota, about 12% of the average Minnesota filer (state average ~1,126 per filing). Assets: $25M.

#11,515
in Manufacturing (17,777 peers)
+21.3%
assets growth YoY

Southern Minnesota Beet Sugar Cooperative 401(k) Plan's outsized position by total assets

Southern Minnesota Beet Sugar Cooperative 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$25,033,887 Top 26% higher than 74% of 123,620 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 2024

Southern Minnesota Beet Sugar Cooperative 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southern Minnesota Beet Sugar Cooperative 401(k) Plan sits mid-pack in the medium band (130 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southern Minnesota Beet Sugar Cooperative 401(k) Plan end-of-year assets rose from $21M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Southern Minnesota Beet Sugar Cooperative 401(k) Plan reported net income rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410997475 · Southern Minnesota Beet Sugar Cooperative PY 2024 · 401(k)

Southern Minnesota Beet Sugar Cooperative 401(k) Plan · $25M · 130 · 74th

  • EIN $25M
  • RANK 130
  • PHOTO 74th
  • IND 401(k)
  • EOY near Orthopaedic and Spine Center 401(k) Profit Sharing Plan
  • 5500 ind #11515

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 →

Southern Minnesota Beet Sugar Cooperative 401(k) Plan in the asset neighbourhood

Colbert Packaging Corporation 401(k) and Profit Sharing PlanColbert Packaging Corporatio…$25MAersale 401(k) Plan$25MSouthern Minnesota Beet Sugar Cooperative 401(k) PlanSouthern Minnesota Beet Suga…$25MOrthopaedic and Spine Center 401(k) Profit Sharing PlanOrthopaedic and Spine Center…$25MAvcon, Inc. 401(k) Retirement PlanAvcon, Inc. 401(k) Retiremen…$25M
End-of-year total assets ($M) among Southern Minnesota Beet Sugar Cooperative 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$25M
Net Income$4M
Employer EIN410997475
Plan Effective Date1984-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Minnesota Beet Sugar Cooperative)

Sponsor-wide plan assets over time

All Southern Minnesota Beet Sugar Cooperative plans reported in each filing year

Latest sponsor-wide plan assets
$50M 29.36919203426656% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $38.4M $49.7M ▲ +29.4%
Year Plans Participants Total Assets
2022 2 512 $38M
2023 2 339 $43M
2024 2 389 $50M

Nearby 401(k) Plans in Minnesota

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

Southern Minnesota Beet Sugar Cooperative 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Southern Minnesota Beet Sugar Cooperative 401(k) Plan, Total assets ($B): 0.025033887 · Participants: 130Southern Minnesota Beet Sugar Cooperative 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Southern Minnesota Beet Sugar Cooperative 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Southern Minnesota Beet Sugar Cooperative 401(k) Plan side-by-side with 3 peers →

Southern Minnesota Beet Sugar Cooperative 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Orthopaedic and Spine Center 401(k) Profit Sharing Plan in VA ($25M); by covered participants it is Ameristar Home Care Services L 401(k) Profit Sharing Plan & Trust in NY (130 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (130 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Southern Minnesota Beet Sugar Cooperative 401(k) Plan assets move in 2024? ▼
Southern Minnesota Beet Sugar Cooperative 401(k) Plan grew sharply - up 21.3% during 2024, from $21M to $25M. Reported net income was $4M.
How have Southern Minnesota Beet Sugar Cooperative plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Minnesota Beet Sugar Cooperative's sponsor-wide assets grew 29.4%, from $38M to $50M.
Which 401(k) plans are similar in size to Southern Minnesota Beet Sugar Cooperative 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Orthopaedic and Spine Center 401(k) Profit Sharing Plan in VA ($25M, 104 participants).
Which 401(k) plans cover a similar participant headcount to Southern Minnesota Beet Sugar Cooperative 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ameristar Home Care Services L 401(k) Profit Sharing Plan & Trust in NY (130 participants, $21K in assets).

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 410997475.

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.