Indiana › Agriculture, forestry, fishing and hunting › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
Cooperative Savings Plan
Sponsored by Cooperative Pension/savings Board, Indianapolis, IN
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. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Cooperative Pension/savings Board of Indianapolis, Indiana sponsors Cooperative Savings Plan, a 401(k) plan. Its Form 5500 for the plan year ending 31 Dec 2025 shows 5,971 participants (4,490 active) and $498M in net assets. It is a multiple-employer plan covering the employees of more than one employer.
Net assets came to $75,526 per participant in plan year 2024, above the $64,499 median for defined contribution plans with 5,000 to 24,999 participants and well above the $42,336 median for defined contribution plans in agriculture, forestry, fishing and hunting. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $13.9M during the year, or $3,085 per active participant against a same-size median of $2,424; participants contributed $20.4M and $1.6M arrived as rollovers and other contributions. Benefits paid out totalled $62.4M.
Schedule C lists 6 service provider organisations paid $5,000 or more, with reported compensation of $1.1M: $186 per participant, well above the same-size median of $53.38. Administrative expenses charged to the plan were $1.1M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $121M in 2009 to $498M in 2025 (up 311%), and participants from 3,452 to 5,971 (up 73%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $75,526 | $64,499 | $42,336 | $53,102 |
| Employer contributions per active participant | $3,160 | $2,424 | $1,701 | $2,175 |
| Schedule C compensation per participant | $166 | $53.38 | $112 | $123 |
| Schedule C compensation, share of net assets | 0.22% | 0.09% | 0.32% | 0.26% |
| Administrative expenses per participant | $166 | $54.85 | $116 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 5,000 to 24,999 participants (2,605 plans), agriculture, forestry, fishing and hunting (647) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2025 | 5,971 | $498M | $83,356 | $13.9M | $20.4M | $1.1M |
| 2024 | 6,031 | $455M | $75,526 | $14.3M | $20.8M | $999K |
| 2023 | 6,423 | $417M | $64,933 | $13.7M | $20.4M | $859K |
| 2022 | 5,905 | $357M | $60,403 | $12.7M | $19.4M | $836K |
| 2021 | 5,326 | $384M | $72,031 | $9.5M | $15.6M | $707K |
| 2020 | 5,099 | $353M | $69,326 | $8.4M | $13.9M | $646K |
| 2019 | 4,244 | $310M | $72,954 | $7.8M | $13.0M | $723K |
| 2018 | 4,368 | $260M | $59,436 | $7.3M | $12.5M | $691K |
| 2017 | 4,010 | $275M | $68,695 | $5.7M | $11.6M | $863K |
| 2016 | 4,382 | $249M | $56,914 | $6.1M | $11.7M | $716K |
| 2015 | 4,260 | $234M | $54,923 | $6.1M | $12.0M | $614K |
| 2014 | 4,243 | $234M | $55,216 | $5.7M | $11.5M | $1.4M |
| 2013 | 3,980 | $221M | $55,469 | $5.4M | $11.3M | $1.3M |
| 2012 | 4,148 | $191M | $46,075 | $5.2M | $10.7M | $1.5M |
| 2011 | 3,861 | $158M | $41,005 | $4.7M | $9.9M | $1.2M |
| 2010 | 3,725 | $148M | $39,770 | $4.0M | $9.0M | $969K |
| 2009 | 3,452 | $121M | $35,045 | $3.7M | $8.3M | $157K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$455,497,934
- Employer contributions$13,852,746
- Participant contributions$20,439,314
- Rollovers and other contributions$1,621,609
- Total contributions$35,913,669
- Total income, including investment results$105,728,586
- Benefits paid$62,386,667
- Administrative expenses$1,118,570
- Total expenses$63,505,237
- Net income$42,223,349
- Net transfers$0
- Net assets, end of year$497,721,283
Participants
- Active participants4,490
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits1,481
- Participants with account balances5,030
- Total participants, end of year5,971
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Newport Group, Inc. | Participant loan processing | $293,902 | $0 |
| Baker & Hostetler LLP | Legal | $283,296 | $0 |
| Oxford Financial Group, Ltd. | Investment advisory (plan) | $219,990 | $0 |
| Nyhart | Recordkeeping and information management; Consulting (general); Participant communication; Participant loan processing | $185,130 | $0 |
| Charles Schwab Trust Bank | Trustee (bank, trust company, or similar financial institution); Trustee (directed) | $96,079 | $0 |
| Forvis Mazars LLP | Accounting (including auditing) | $30,347 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Contract administrator fees$575,111
- Actuarial fees$283,296
- Investment advisory and management fees$219,990
- IQPA audit fees$30,347
- Other administrative expenses$9,826
- Total administrative expenses$1,118,570
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$468M · 94.1%
- Common/collective trusts$24.0M · 4.8%
- Participant loans$5.4M · 1.1%
- Cash (interest and non-interest bearing)$27K · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmForvis Mazars, LLP
- Participant contributions reported as transmitted lateYes, $20,037
- Covered by a fidelity bondYes, $3,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2S401(k) plan or 403(b) plan that provides for automatic enrollment2TTotal or partial participant-directed account plan with a default investment account2UMultiple-employer pension plan that is an Association Retirement Plan3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 115110: Support Activities for Crop Production (including cotton ginning, soil preparation, planting, & cultivating).
Other plans of Cooperative Pension/savings Board
| Plan | Participants | Net assets |
|---|---|---|
| Cooperative Pension Plan | 5,429 | $229M |
Similar plans in Indiana
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Indiana Packers Corporation 401(k) Retirement Savings Plan | Indiana Packers Corporation | 2,904 | $105M | $36,120 |
| Rose Acre Farms Employees' 401(k) Plan | Rose Acre Farms, Inc. | 2,874 | $116M | $40,511 |
| Bridgeview Eye Partners Retirement Savings Plan | Bridgeview Eye Partners | 1,280 | $30.0M | $23,432 |
| Employees' Savings Plan of Beck's Superior Hybrids, Inc. | Beck's Superior Hybrids, Inc. | 1,217 | $109M | $89,642 |
| Agreliant Genetics 401(k) Retirement Plan | Agreliant Genetics, LLC | 1,010 | $164M | $162,578 |
| Remington Seeds, LLC. 401(k) Plan | Remington Seeds, LLC. | 941 | $65.3M | $69,371 |
Defined contribution plans in agriculture, forestry, fishing and hunting closest in size.
Questions and answers
How big is Cooperative Savings Plan?
5,971 participants at the end of the plan year ending 31 Dec 2025, of whom 4,490 were active employees, with net assets of $497,721,283. Among defined contribution plans that places it in the 5,000 to 24,999 participants band, which held 2,605 plans in plan year 2024.
What does Cooperative Pension/savings Board contribute per participant?
The filing reports $13,852,746 in employer contributions for the year, which is $3,085 per active participant; the median for plans of the same type and size was $2,424 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $1,108,744 in compensation to service provider organisations, $186 per participant or 0.22% of net assets. The same-size median among plans reporting any Schedule C compensation was $53.38 per participant. Administrative expenses on Schedule H were $1,118,570. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Cooperative Pension/savings Board. Recordkeeping or administration: Newport Group, Inc. and Nyhart. Investment advisory or management: Oxford Financial Group, Ltd.. Trustee or custodian: Charles Schwab Trust Bank. The financial statements were audited by Forvis Mazars, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2025 to 31 Dec 2025, received by the Department of Labor on 30 Jul 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 31-1257147, plan 335, received 30 Jul 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.