Defined Benefit (Pension) · DOL Form 5500 · 2024

Southern Minnesota Beet Sugar Cooperative Pension Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
259
Participants Below avg headcount
74th
Percentile by assets National rank
$95,340
Avg per participant Below avg balance/head
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Official DOL plan name: Southern Minnesota Beet Sugar Cooperative Retirement Plan B · Sponsored by Southern Minnesota Beet Sugar Cooperative · Minnesota · Agriculture, Forestry & Fishing

$25M in assets, 259 participants

Southern Minnesota Beet Sugar Cooperative's Southern Minnesota Beet Sugar Cooperative Retirement Plan B reported $25M in total assets and 259 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.

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

Coverage in Minnesota

Southern Minnesota Beet Sugar Cooperative Retirement Plan B covers 259 participants in Minnesota, about 23% of the average Minnesota filer (state average ~1,126 per filing). Assets: $25M.

#994
in Agriculture, Forestry & Fishing (1,217 peers)
+8.4%
assets growth YoY

Southern Minnesota Beet Sugar Cooperative Retirement Plan B's outsized position by total assets

Southern Minnesota Beet Sugar Cooperative Retirement Plan B vs every filed plan by assets

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

$24,692,968 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 Retirement Plan B 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 Retirement Plan B sits mid-pack in the medium band (259 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southern Minnesota Beet Sugar Cooperative Retirement Plan B reported net income rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Southern Minnesota Beet Sugar Cooperative Retirement Plan B reported participants rose from 208 in the plan year 2023 filing to 259 in the plan year 2024 filing.
  • Southern Minnesota Beet Sugar Cooperative Retirement Plan B end-of-year assets rose from $23M in the plan year 2023 filing to $25M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 410997475 · Southern Minnesota Beet Sugar Cooperative PY 2024 · Defined Benefit (Pension)

Southern Minnesota Beet Sugar Cooperative Retirement Plan B · $25M · 259 · 74th

  • 5500 $25M
  • 5500 259
  • 5500 74th
  • 5500 Defined Benefit (Pension)
  • 5500 near Pension Plan for Associates of Nine West Group Inc.
  • 5500 ind #994

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 →

Southern Minnesota Beet Sugar Cooperative Retirement Plan B in the asset neighbourhood

Bradford Hospital Retirement PlanBradford Hospital Retirement…$25MRetirement Plan of Certain Employees of Ceva Logistics U.S. Inc.Retirement Plan of Certain E…$25MPension Plan for Associates of Nine West Group Inc.Pension Plan for Associates …$25MSouthern Minnesota Beet Sugar Cooperative Retirement Plan BSouthern Minnesota Beet Suga…$25MApco Employees Credit Union Defined Benefit Plan and TrustApco Employees Credit Union …$25M
End-of-year total assets ($M) among Southern Minnesota Beet Sugar Cooperative Retirement Plan B and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$25M
Net Income$2M
Employer EIN410997475
Plan Effective Date1978-03-01
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 Defined Benefit (Pension) Plans in Minnesota

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

Southern Minnesota Beet Sugar Cooperative Retirement Plan B vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Southern Minnesota Beet Sugar Cooperative Retirement Plan B, Total assets ($B): 0.024692968 · Participants: 259Southern Minnesota Beet Sugar Cooperative Retirement Plan BMayo Pension Plan, Total assets ($B): 11.816211651 · Participants: 71743Mayo Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 8.87866493 · Participants: 91323M Employee Retirement Income PlanWells Fargo & Company Cash Balance Plan, Total assets ($B): 8.278776602 · Participants: 46875Wells Fargo & Company Cash Balance PlanU.S. Bank Pension Plan, Total assets ($B): 4.38225088 · Participants: 62822U.S. Bank Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.23694343 · Participants: 27237The Travelers Pension Plan
Southern Minnesota Beet Sugar Cooperative Retirement Plan B vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Southern Minnesota Beet Sugar Cooperative Retirement Plan B side-by-side with 3 peers →

Southern Minnesota Beet Sugar Cooperative Retirement Plan B's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Pension Plan for Associates of Nine West Group Inc. in PA ($25M); by covered participants it is Grinnell Mutual Retirement Plan in IA (259 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (259 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 Retirement Plan B assets move in 2024? ▼
Southern Minnesota Beet Sugar Cooperative Retirement Plan B grew at a solid clip - up 8.4% during 2024, from $23M to $25M. Reported net income was $2M.
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 Defined Benefit (Pension) plans are similar in size to Southern Minnesota Beet Sugar Cooperative Retirement Plan B? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for Associates of Nine West Group Inc. in PA ($25M, 6 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Southern Minnesota Beet Sugar Cooperative Retirement Plan B? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Grinnell Mutual Retirement Plan in IA (259 participants, $72M 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.