401(k) · DOL Form 5500 · 2024

Mahube Community Council, Inc. Retirement Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$11M
Total assets
182
Participants
33th
Percentile by assets

Sponsored by Mahube-Otwa Community Action Partnership, Inc. · Minnesota · Healthcare & Social Assistance

What the 2024 filing shows

Mahube Community Council, Inc. Retirement Savings Plan holds $11M for 182 participants - about $63,021 per participant, in the lower half of filed plans by assets, up 4.3% over the 2024 plan year.

$11M
total plan assets (2024 EOY)
182
covered participants
33th
percentile by assets (of 67,083 plans)
$63,021
avg assets per participant
Total Assets (2023)
$11M
Participants
182
State
Industry
Healthcare & Social Assistance

What the Filing Says About Mahube Community Council, Inc. Retirement Savings Plan

Mahube Community Council, Inc. Retirement Savings Plan is a 401(k) retirement plan sponsored by Mahube-Otwa Community Action Partnership, Inc., headquartered in Minnesota. As of the 2024 Form 5500 filing, the plan reports $11M in total end-of-year assets and covers 182 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 416049474, and the plan has been effective since 1979-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $11M at the beginning of 2024 to $11M at year-end - a gain of 4.3%. Net assets (after liabilities) closed the year at $11M, with reported net income of $474K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$11M
Total Assets (End of Year)$11M
Net Assets (End of Year)$11M
Net Income$474K
Plan Type401(k)
Employer EIN416049474
Plan Effective Date1979-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mahube-Otwa Community Action Partnership, Inc.)

Year Plans Participants Total Assets
2022 1 132 $10M
2023 1 177 $11M
2024 1 182 $11M

Nearby 401(k) Plans in Minnesota

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

Frequently Asked Questions

How much money is in the Mahube Community Council, Inc. Retirement Savings Plan?
As of the 2024 Form 5500 filing, Mahube Community Council, Inc. Retirement Savings Plan holds $11M in total assets with 182 participants. It is sponsored by Mahube-Otwa Community Action Partnership, Inc..
What type of plan is Mahube Community Council, Inc. Retirement Savings Plan?
Mahube Community Council, Inc. Retirement Savings Plan is a 401(k) plan. It has been effective since 1979-04-01. The plan is filed with the U.S. Department of Labor under EIN 416049474.
Who sponsors the Mahube Community Council, Inc. Retirement Savings Plan?
Mahube Community Council, Inc. Retirement Savings Plan is sponsored by Mahube-Otwa Community Action Partnership, Inc., located in Minnesota. The sponsor's EIN is 416049474 and the plan operates in the Healthcare & Social Assistance industry.
How did Mahube Community Council, Inc. Retirement Savings Plan perform in 2024?
Mahube Community Council, Inc. Retirement Savings Plan grew by 4.3% during 2024, moving from $11M to $11M in total assets. Net income was $474K.
Where can I find official filings for Mahube Community Council, Inc. Retirement Savings Plan?
Official Form 5500 filings for Mahube Community Council, Inc. Retirement Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 416049474 or plan name at efast.dol.gov.
How does Mahube Community Council, Inc. Retirement Savings Plan compare to other plans?
You can compare Mahube Community Council, Inc. Retirement Savings Plan against other 401(k) plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 416049474.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.