2023 Form 5500 filing — Minnkota Power Cooperative, Inc. Employees Pension Plan -Plan B
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015091903NAL0014299315001) for Minnkota Power Cooperative, Inc. Employees Pension Plan -Plan B, reported by Minnkota Power Cooperative, Inc. under EIN 45-0166406 and plan number 002. It reports 396 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015091903NAL0014299315001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Minnkota Power Cooperative, Inc.
- EIN
- 45-0166406
- Plan number
- 002
- Location
- Grand Forks, ND
- Participants
- 396
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $80,279,730
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $80,279,730
- Employer contributions
- $5,935,207
- Participant contributions
- $1,200
- Total income / additions
- $14,685,630
- Benefits paid
- $4,093,842
- Administrative expenses
- $335,120
- Total expenses
- $4,428,962
- Net increase / (decrease)
- $10,256,668
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Thomas Weisel Partners | NONE | $195,088 | not reported in the loaded dataset |
| Brady Martz & Associates | NONE | not reported in the loaded dataset | $5,000 |