The Restated Thrift/Profit Sharing Plan For Cooperatives — Form 5500 plan (Mid Iowa Coop)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The Restated Thrift/Profit Sharing Plan For Cooperatives is a benefit plan reported by Mid Iowa Coop under EIN 42-0131810 and plan number 030. The latest loaded filing year is 2023. The filing reports 151 participants and $11,170,641 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mid Iowa Coop
- EIN
- 42-0131810
- Plan number
- 030
- Plan type
- 2
- Location
- Beaman, IA
- Latest filing year
- 2023
- Participants
- 151
- End-of-year plan assets
- $11,170,641
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 151 | H, C | 20241009141848NAL0019417697001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,170,641
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,170,641
- Net assets (BOY)
- $10,194,617
Income & contributions
- Employer contributions
- $148,109
- Participant contributions
- $459,695
- Total contributions
- $611,251
- Total income / additions
- $2,158,569
Expenses & distributions
- Benefits paid
- $1,044,542
- Administrative expenses
- $15,282
- Total expenses
- $1,059,824
- Net increase / (decrease)
- $1,098,745
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $6,912 | $937 | 2023 |
| Edelman Financial Engines, LLC | INVESTMENT ADVISOR | $5,690 | not reported in the loaded dataset | 2023 |
| Wellington Trust Co., Na | NONE | $0 | $0 | 2023 |
| Massachusetts Financial Services Co | NONE | $0 | $0 | 2023 |
| Dst Asset Manager Solutions, Inc. | NONE | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mid Iowa Coop
- 2023 Form 5500 filing
- Form 5500 filings in IA
- 401(k) and benefit plan filings in Beaman, IA
- Principal Life Insurance Company — Schedule C compensation
- Edelman Financial Engines, LLC — Schedule C compensation
- Wellington Trust Co., Na — Schedule C compensation
- Massachusetts Financial Services Co — Schedule C compensation
- Dst Asset Manager Solutions, Inc. — Schedule C compensation