401(k) · DOL Form 5500 · 2024

Lakes Area Cooperative 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
178
Participants Small participant base
52nd
Percentile by assets National rank
$46,771
Avg per participant Low 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

$8M in assets, 178 participants

Lakes Area Cooperative's Co-Op 401(k) Plan reported $8M in total assets and 178 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #678 in Agriculture, Forestry & Fishing (1,217 peers)

Coverage in Minnesota

Co-Op 401(k) Plan covers 178 participants in Minnesota, about 16% of the average Minnesota filer (state average ~1,126 per filing). Assets: $8M.

#678
in Agriculture, Forestry & Fishing (1,217 peers)
-4.4%
assets change YoY

The plan reported a net loss of $387K 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 2024 · DOL Form 5500

$8,325,232 Top 48% higher than 52% 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

Co-Op 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. Co-Op 401(k) Plan sits mid-pack in the medium band (178 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Co-Op 401(k) Plan reported participants rose from 94 in the plan year 2023 filing to 178 in the plan year 2024 filing.
  • Co-Op 401(k) Plan reported net income rose from -$1M in the plan year 2023 filing to -$387K in the plan year 2024 filing.
  • Co-Op 401(k) Plan end-of-year assets fell from $9M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 410474270 · Lakes Area Cooperative PY 2024 · 401(k)

Co-Op 401(k) Plan · $8M · 178 · 52nd

  • BOOK $8M
  • VS-ST 178
  • BOY 52nd
  • SCH 401(k)
  • EBSA near Global Systems Integration, Inc. 401(k)) Profit
  • PART ind #678

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$8MGlobal Systems Integration, Inc. 401(k)) ProfitGlobal Systems Integration, …$8MDaytona Br-Gd, Inc. 401(k) Profit Sharing PlanDaytona Br-Gd, Inc. 401(k) P…$8MWheelhouse Credit Union 401(k) PlanWheelhouse Credit Union 401(…$8MCima 401(k) Plan$8M
End-of-year total assets ($M) among Co-Op 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$387K
Employer EIN410474270
Plan Effective Date1988-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lakes Area Cooperative)

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

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 -20020406080 Total assets ($B) Participants Co-Op 401(k) Plan, Total assets ($B): 0.008325232 · Participants: 178Co-Op 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
Co-Op 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Co-Op 401(k) Plan side-by-side with 3 peers →

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 Global Systems Integration, Inc. 401(k)) Profit in GA ($8M); by covered participants it is Bauer's Intelligent Transportation, Inc. 401(k) Plan in CA (178 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (178 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 Co-Op 401(k) Plan assets move in 2024? ▼
Co-Op 401(k) Plan edged down modestly - down 4.4% during 2024, from $9M to $8M. Reported net income was -$387K.
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 Global Systems Integration, Inc. 401(k)) Profit in GA ($8M, 88 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 Bauer's Intelligent Transportation, Inc. 401(k) Plan in CA (178 participants, $2M 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 410474270.

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.