Defined Benefit (Pension) · DOL Form 5500 · 2024

Nexus Cooperative Pension Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
139
Participants Small participant base
81st
Percentile by assets National rank
$285,731
Avg per participant High balance/head
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Official DOL plan name: The Restated Noncontributory Retirement Plan for Cooperatives · Sponsored by Nexus Cooperative · Iowa · Agriculture, Forestry & Fishing

$40M in assets, 139 participants

Nexus Cooperative's The Restated Noncontributory Retirement Plan for Cooperatives reported $40M in total assets and 139 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #1,078 in Agriculture, Forestry & Fishing (1,217 peers)

Coverage in Iowa

The Restated Noncontributory Retirement Plan for Cooperatives covers 139 participants in Iowa, about 23% of the average Iowa filer (state average ~609 per filing). Assets: $40M.

#1,078
in Agriculture, Forestry & Fishing (1,217 peers)
+1.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

The Restated Noncontributory Retirement Plan for Cooperatives's outsized position by total assets

The Restated Noncontributory Retirement Plan for Cooperatives vs every filed plan by assets

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

$39,716,655 Top 19% higher than 81% 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

The Restated Noncontributory Retirement Plan for Cooperatives 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. The Restated Noncontributory Retirement Plan for Cooperatives sits mid-pack in the medium band (139 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Restated Noncontributory Retirement Plan for Cooperatives reported participants rose from 74 in the plan year 2023 filing to 139 in the plan year 2024 filing.
  • The Restated Noncontributory Retirement Plan for Cooperatives reported net income fell from $1M in the plan year 2023 filing to $693K in the plan year 2024 filing.
  • The Restated Noncontributory Retirement Plan for Cooperatives end-of-year assets rose from $39M in the plan year 2023 filing to $40M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 420243960 · Nexus Cooperative PY 2024 · Defined Benefit (Pension)

The Restated Noncontributory Retirement Plan for Cooperatives · $40M · 139 · 81st

  • IND $40M
  • IND 139
  • IND 81st
  • IND Defined Benefit (Pension)
  • IND near Wellmont Health System Defined Benefit Plan
  • IND ind #1078

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 Iowa →

The Restated Noncontributory Retirement Plan for Cooperatives in the asset neighbourhood

The Restated Noncontributory Retirement Plan for CooperativesThe Restated Noncontributory…$40MWellmont Health System Defined Benefit PlanWellmont Health System Defin…$40MRoofers Local No. 241 Pension FundRoofers Local No. 241 Pensio…$40MBelco Community Credit Union Cash Balance Defined Benefit Plan and TrustBelco Community Credit Union…$40MSchulte Roth & Zabel LLP Partners' Cash Balance PlanSchulte Roth & Zabel LLP Par…$40M
End-of-year total assets ($M) among The Restated Noncontributory Retirement Plan for Cooperatives and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$40M
Net Income$693K
Employer EIN420243960
Plan Effective Date1981-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nexus Cooperative)

Sponsor-wide plan assets over time

All Nexus Cooperative plans reported in each filing year

Latest sponsor-wide plan assets
$71M 92.20802333599588% vs 2022
2024 filing year
$20M$40M$60M$80M 202220232024 $37M $71.1M ▲ +92.2%
Year Plans Participants Total Assets
2022 2 240 $37M
2023 2 203 $54M
2024 2 368 $71M

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 Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants The Restated Noncontributory Retirement Plan for Cooperatives, Total assets ($B): 0.039716655 · Participants: 139The Restated Noncontributory Retirement Plan for CooperativesTransamerica Pension Plan, Total assets ($B): 2.198965485 · Participants: 7170Transamerica Pension PlanPrincipal Cash Balance Plan, Total assets ($B): 1.466387124 · Participants: 11945Principal Cash Balance PlanMidamerican Energy Company Retirement Plan, Total assets ($B): 0.521334295 · Participants: 2805Midamerican Energy Company Retirement PlanEmployers Mutual Casualty Company Retirement Plan, Total assets ($B): 0.361826911 · Participants: 1908Employers Mutual Casualty Company Retirement PlanPension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust, Total assets ($B): 0.330986539 · Participants: 1233Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust
The Restated Noncontributory Retirement Plan for Cooperatives vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants
Compare The Restated Noncontributory Retirement Plan for Cooperatives side-by-side with 3 peers →

The Restated Noncontributory Retirement Plan for Cooperatives's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Iowa, the nearest Defined Benefit (Pension) by assets is Wellmont Health System Defined Benefit Plan in TN ($40M); by covered participants it is Hospital Central Services Cooperative, Inc. Pension Plan in PA (139 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (139 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 The Restated Noncontributory Retirement Plan for Cooperatives assets move in 2024? ▼
The Restated Noncontributory Retirement Plan for Cooperatives edged up modestly - up 1.8% during 2024, from $39M to $40M. Reported net income was $693K.
How have Nexus Cooperative plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nexus Cooperative's sponsor-wide assets grew 92.2%, from $37M to $71M.
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 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile 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 Wellmont Health System Defined Benefit Plan in TN ($40M, 192 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Restated Noncontributory Retirement Plan for Cooperatives? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hospital Central Services Cooperative, Inc. Pension Plan in PA (139 participants, $13M 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 420243960.

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.