Defined Benefit (Pension) · DOL Form 5500 · 2024

New Cooperative, Inc. Pension Plan

Data updated 2026-08-11

$155M
Total assets
395
Participants
93rd
Percentile by assets
$391,712
Avg per participant
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Official DOL plan name: The Restated Noncontributory Retirement Plan for Cooperatives · Sponsored by New Cooperative, Inc. · Iowa · Agriculture, Forestry & Fishing

$155M in assets, 395 participants

New Cooperative, Inc.'s The Restated Noncontributory Retirement Plan for Cooperatives reported $155M in total assets and 395 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #1,188 in Agriculture, Forestry & Fishing (1,217 peers)

Where The Restated Noncontributory Retirement Plan for Cooperatives sits by assets

The Restated Noncontributory Retirement Plan for Cooperatives sits in the top 10% of all filed plans by assets, $155M for 395 participants (~$391,712/participant), up 0.9% in 2024.

$155M
total plan assets (2024 EOY)
395
covered participants
93rd
percentile by assets (of 123,622 plans)
$391,712
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Restated Noncontributory Retirement Plan for Cooperatives reported net income fell from $22M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • The Restated Noncontributory Retirement Plan for Cooperatives reported participants rose from 283 in the plan year 2023 filing to 395 in the plan year 2024 filing.
  • The Restated Noncontributory Retirement Plan for Cooperatives end-of-year assets rose from $153M in the plan year 2023 filing to $155M in the plan year 2024 filing.

See the national 2023→2024 release diff →

The Restated Noncontributory Retirement Plan for Cooperatives vs the 2024 asset distribution

By assets, The Restated Noncontributory Retirement Plan for Cooperatives outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$153M
Net Assets (End of Year)$155M
Net Income$1M
Employer EIN421009976
Plan Effective Date1980-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Cooperative, Inc.)

$150M$200M$250M$300M 202220232024 $196M $268M ▲ +36.7%
Total plan assets by year, all New Cooperative, Inc. plans on file
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.

The Restated Noncontributory Retirement Plan for Cooperatives vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants

The Restated Noncontributory Retirement Plan for Cooperatives vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 00.511.522.5 Total assets ($B) Participants The Restated Noncont…Transamerica Pension…Principal Cash Balan…Midamerican Energy C…Employers Mutual Cas…Pension Plan of the …
The Restated Noncontributory Retirement Plan for Cooperatives vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The Restated Noncontributory Retirement Plan for Cooperatives by total assets, not by location.

Frequently Asked Questions

How did The Restated Noncontributory Retirement Plan for Cooperatives assets move in 2024?
The Restated Noncontributory Retirement Plan for Cooperatives held essentially flat - up 0.9% during 2024, from $153M to $155M. Reported net income was $1M.
How have New Cooperative, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), New Cooperative, Inc.'s sponsor-wide assets grew 36.7%, from $196M to $268M.
Where does The Restated Noncontributory Retirement Plan for Cooperatives rank by assets among Form 5500 filers?
The Restated Noncontributory Retirement Plan for Cooperatives ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to The Restated Noncontributory Retirement Plan for Cooperatives?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Teamsters Local 210 Affiliated Pension Trust Fund in NY ($155M, 934 participants).

Next read for The Restated Noncontributory Retirement …

Scale reading

Ways to act on The Restated Noncontributory Retirement Plan for Cooperatives's numbers.