Plan5500

Minnkota Power Cooperative, Inc. Employees Pension Plan -Plan B — Form 5500 plan (Minnkota Power Cooperative, Inc.)

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, Minnkota Power Cooperative, Inc. Employees Pension Plan -Plan B is a benefit plan reported by Minnkota Power Cooperative, Inc. under EIN 45-0166406 and plan number 002. The latest loaded filing year is 2023. The filing reports 396 participants and $80,279,730 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Minnkota Power Cooperative, Inc.
EIN
45-0166406
Plan number
002
Plan type
2
Location
Grand Forks, ND
Latest filing year
2023
Participants
396
End-of-year plan assets
$80,279,730

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023396H, C20241015091903NAL0014299315001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$80,279,730
Total liabilities (EOY)
$0
Net assets (EOY)
$80,279,730
Net assets (BOY)
$70,023,062

Income & contributions

Employer contributions
$5,935,207
Participant contributions
$1,200
Total contributions
$5,936,407
Total income / additions
$14,685,630

Expenses & distributions

Benefits paid
$4,093,842
Administrative expenses
$335,120
Total expenses
$4,428,962
Net increase / (decrease)
$10,256,668

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Thomas Weisel PartnersNONE$195,088not reported in the loaded dataset2023
Brady Martz & AssociatesNONEnot reported in the loaded dataset$5,0002023

Related Form 5500 pages