The Restated Noncontributory Retirement Plan for Cooperatives
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
Sponsored by New Cooperative, Inc. · Iowa · Agriculture, Forestry & Fishing
What the 2023 filing shows
The Restated Noncontributory Retirement Plan for Cooperatives holds $155M for 395 participants — about $391,712 per participant, up 0.9% over the 2024 plan year.
- $155M
- total plan assets (2024 EOY)
- 395
- covered participants
- $391,712
- avg assets per participant
- +0.9%
- assets growth YoY
What the Filing Says About The Restated Noncontributory Retirement Plan for Cooperatives
The Restated Noncontributory Retirement Plan for Cooperatives is a Defined Benefit (Pension) retirement plan sponsored by New Cooperative, Inc., headquartered in Iowa. As of the 2024 Form 5500 filing, the plan reports $155M in total end-of-year assets and covers 395 participants across the Agriculture, Forestry & Fishing industry. The sponsor's EIN on file with the U.S. Department of Labor is 421009976, and the plan has been effective since 1980-08-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $153M at the beginning of 2024 to $155M at year-end — a gain of 0.9%. Net assets (after liabilities) closed the year at $155M, with reported net income of $1M 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) | $153M |
| Total Assets (End of Year) | $155M |
| Net Assets (End of Year) | $155M |
| Net Income | $1M |
| Plan Type | Defined Benefit (Pension) |
| Employer EIN | 421009976 |
| Plan Effective Date | 1980-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New Cooperative, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 973 | $196M |
| 2023 | 2 | 1,134 | $259M |
| 2024 | 2 | 1,585 | $268M |
Nearby Defined Benefit (Pension) Plans in Iowa
Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.
- Transamerica Pension Plan $2.3B · 6,519
- Principal Cash Balance Plan $1.7B · 12,492
- Midamerican Energy Company Retirement Plan $516M · 3,002
- Employers Mutual Casualty Company Retirement Plan $347M · 1,835
- Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. $297M · 1,474
Related Data
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Frequently Asked Questions
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What type of plan is The Restated Noncontributory Retirement Plan for Cooperatives? ▼
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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 421009976.
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.
Read our methodology — how this data is sourced, computed, and verified.