My Plan Facts

Employers › Minnesota

Employer · plans filed under one EIN

New Vision Co-Op

Brewster, MN · Agriculture, forestry, fishing and hunting

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$30.0Mnet assets across plans
372participant records198 active
$1.2Memployer contributions, latest plan years$6,020 per active record
$23KSchedule C compensation to organisations$61.52 per participant record

2 retirement plans with 100 or more participants file Form 5500 under New Vision Co-Op's employer identification number (Brewster, Minnesota). Their latest filings total 372 participant records and $30.0M in net assets.

The largest is The Restated Thrift/profit Sharing Plan for Cooperatives, a 401(k) plan with 242 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $1.2M and participant contributions $1.0M in the latest plan years; benefits paid were $3.7M. Schedule C compensation reported to service provider organisations totalled $23K.

Combined net assets moved from $7.7M in 2009 to $30.0M in 2024 (up 290%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
The Restated Thrift/profit Sharing Plan for Cooperatives401(k) plan2024242$16.2M$67,031$4,297$10K
The Restated Noncontributory Retirement Plan for Cooperativesdefined benefit pension plan2024130$13.8M$106,337$23,250$12K
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $7.7M2010: $9.4M2011: $10.9M2012: $12.6M2013: $15.7M2014: $15.4M2015: $15.8M2016: $18.0M2017: $20.2M2018: $20.5M2019: $19.6M2020: $25.4M2021: $27.2M2022: $24.4M2023: $28.6M2024: $30.0M$7.7M$30.0M20092012201620202024
Combined net assets
2009: 3192010: 3352011: 3072012: 3002013: 3072014: 3142015: 3132016: 3162017: 3222018: 3042019: 3062020: 3282021: 3192022: 3312023: 3592024: 37231937220092012201620202024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
20242372$30.0M$1.2M$1.0M
20232359$28.6M$1.2M$964K
20222331$24.4M$1.1M$941K
20212319$27.2M$782K$719K
20202328$25.4M$583K$545K
20192306$19.6M$441K$246K
20182304$20.5M$595K$607K
20172322$20.2M$601K$596K
20162316$18.0M$616K$534K
20152313$15.8M$650K$488K
20142314$15.4M$726K$463K
20132307$15.7M$966K$452K
20122300$12.6M$743K$408K
20112307$10.9M$765K$395K
20102335$9.4M$792K$340K
20092319$7.7M$794K$333K

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Principal Life Insurance CompanyContract Administrator; Participant loan processing; Trustee (bank, trust company, or similar financial institution); Trustee (discretionary)2$22,884
DST Asset Manager Solutions, Inc.Custodial (securities)1$0
Massachusetts Financial Services Co.Custodial (securities)1$0
Wellington Trust Co., NACustodial (securities)1$0
Morningstar Investment ManagementInvestment advisory (participants)1$0

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Principal Life Insurance Company$23K
DST Asset Manager Solutions, Inc.$0
Massachusetts Financial Services Co.$0
Wellington Trust Co., NA$0
Morningstar Investment Management$0

Questions and answers

How many retirement plans does New Vision Co-Op have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: The Restated Thrift/profit Sharing Plan for Cooperatives and The Restated Noncontributory Retirement Plan for Cooperatives. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does New Vision Co-Op contribute to its plans?

$1,191,983 in employer contributions across these plans in their latest plan years, about $6,020 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Principal Life Insurance Company, DST Asset Manager Solutions, Inc., Massachusetts Financial Services Co. and Wellington Trust Co., NA and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.