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 401(K) Plan is a benefit plan reported by Minnkota Power Cooperative, Inc. under EIN 45-0166406 and plan number 003. The latest loaded filing year is 2023. The filing reports 451 participants and $61,522,625 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $61,522,625
- Net assets (EOY)
- $61,522,625
- Net assets (BOY)
- $49,065,012
Income & contributions
- Employer contributions
- $840,249
- Participant contributions
- $3,993,270
- Total contributions
- $5,043,728
- Total income / additions
- $14,894,247
Expenses & distributions
- Benefits paid
- $2,354,660
- Administrative expenses
- $81,974
- Total expenses
- $2,436,634
- Net increase / (decrease)
- $12,457,613