401(k) · DOL Form 5500 · 2024

Minnesota Valley Electric Cooperative 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
35
Participants Small participant base
49th
Percentile by assets National rank
$207,160
Avg per participant Above avg balance/head
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Official DOL plan name: Minnesota Valley Electric Cooperative Union 401(k) Plan · Sponsored by Minnesota Valley Electric Cooperative · Minnesota · Utilities

$7M in assets, 35 participants

Minnesota Valley Electric Cooperative's Minnesota Valley Electric Cooperative Union 401(k) Plan reported $7M in total assets and 35 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #148 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Minnesota Valley Electric Cooperative Union 401(k) Plan ranks #148 of 732 2024 filers by assets (7405% of the sector average)-$7M for 35 participants.

#148
in Utilities (732 peers)
+12.8%
assets growth YoY

Minnesota Valley Electric Cooperative Union 401(k) Plan's mid-pack asset rank among Utilities and all filers

Minnesota Valley Electric Cooperative Union 401(k) Plan vs every filed plan by assets

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

$7,250,610 49th percentile higher than 49% 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

Minnesota Valley Electric Cooperative Union 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Minnesota Valley Electric Cooperative Union 401(k) Plan is a small filing (35 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Minnesota Valley Electric Cooperative Union 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to $822K in the plan year 2024 filing.
  • Minnesota Valley Electric Cooperative Union 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Minnesota Valley Electric Cooperative Union 401(k) Plan reported participants rose from 34 in the plan year 2023 filing to 35 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 410419150 · Minnesota Valley Electric Cooperative PY 2024 · 401(k)

Minnesota Valley Electric Cooperative Union 401(k) Plan · $7M · 35 · 49th

  • PCT $7M
  • EIN 35
  • RANK 49th
  • PHOTO 401(k)
  • IND near Colerain Animal Clinic 401(k) Plan & Trust
  • EOY ind #148

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 Utilities retirement plans → · Plans in Minnesota →

Minnesota Valley Electric Cooperative Union 401(k) Plan in the asset neighbourhood

Minnesota Valley Electric Cooperative Union 401(k) PlanMinnesota Valley Electric Co…$7MColerain Animal Clinic 401(k) Plan & TrustColerain Animal Clinic 401(k…$7MC.R. Laine Furniture Company, Inc. 401(k) Employee SavingsC.R. Laine Furniture Company…$7MSitting Bull College 401(k) PlanSitting Bull College 401(k) …$7MCave 401(k) Plan$7M
End-of-year total assets ($M) among Minnesota Valley Electric Cooperative Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utilities filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$822K
Employer EIN410419150
Plan Effective Date2014-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnesota Valley Electric Cooperative)

Sponsor-wide plan assets over time

All Minnesota Valley Electric Cooperative plans reported in each filing year

Latest sponsor-wide plan assets
$18M 43.72439678727476% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $12.6M $18.1M ▲ +43.7%
Year Plans Participants Total Assets
2022 2 93 $13M
2023 2 91 $15M
2024 2 93 $18M

Nearby 401(k) Plans in Minnesota

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

Minnesota Valley Electric Cooperative Union 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Minnesota Valley Electric Cooperative Union 401(k) Plan, Total assets ($B): 0.00725061 · Participants: 35Minnesota Valley Electric Cooperative Union 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
Minnesota Valley Electric Cooperative Union 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Minnesota Valley Electric Cooperative Union 401(k) Plan side-by-side with 3 peers →

Minnesota Valley Electric Cooperative Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Colerain Animal Clinic 401(k) Plan & Trust in OH ($7M); by covered participants it is Little - Morris, LLP Profit Sharing Plan in ID (35 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (35 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 Minnesota Valley Electric Cooperative Union 401(k) Plan assets move in 2024? ▼
Minnesota Valley Electric Cooperative Union 401(k) Plan grew at a solid clip - up 12.8% during 2024, from $6M to $7M. Reported net income was $822K.
How have Minnesota Valley Electric Cooperative plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Minnesota Valley Electric Cooperative's sponsor-wide assets grew 43.7%, from $13M to $18M.
Which 401(k) plans are similar in size to Minnesota Valley Electric Cooperative Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Colerain Animal Clinic 401(k) Plan & Trust in OH ($7M, 130 participants).
Which 401(k) plans cover a similar participant headcount to Minnesota Valley Electric Cooperative Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Little - Morris, LLP Profit Sharing Plan in ID (35 participants, $15M 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 410419150.

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.