Minn-dak Farmers Cooperative 401(k) Plan: Login, Facts & Contact Information

Minn-dak Farmers Cooperative 401(k) Plan Facts

Plan name
MINN-DAK FARMERS COOPERATIVE 401(K) SALARY REDUCTION PLAN & TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MINN-DAK FARMERS COOPERATIVE
Participants
693 (468 active employees)
Former employees with a balance
268
Plan assets
$54,157,849 at Dec 31, 2024
Average account balance
$74,291 across 729 accounts
Employer contributions
$1,892,703 in plan year 2024 (41% of all contributions)
Recordkeeper
Alerus Financial, N.a.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 1989
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.58 million went into the plan in contributions, $1.89 million of it from the employer (41%).
  • $6.99 million was paid out to participants.
  • Investment and other income added $6.48 million.
  • Administrative expenses were $20,013, about $27 per account.

How the Minn-dak Farmers Cooperative 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019572$44.6 million$1.26 million$5.65 million
2020555$48.7 million$1.35 million$6.51 million
2021599$53.1 million$1.46 million$5.79 million
2022599$44.8 million$1.57 million$3.03 million
2023583$50.0 million$1.69 million$5.97 million
2024693$54.2 million$1.89 million$6.99 million

Minn-dak Farmers Cooperative 401(k) Contact Information

Phone
701-642-8411
Mailing address
7525 RED RIVER ROAD, WAHPETON ND 580759698
Plan sponsor
MINN-DAK FARMERS COOPERATIVE
Employer identification number (EIN)
23-7222188
Plan number
334

Questions about the Minn-dak Farmers Cooperative 401(k)

Does Minn-dak Farmers Cooperative contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.89 million, 41% of all contributions.

Does the Minn-dak Farmers Cooperative 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Minn-dak Farmers Cooperative 401(k) plan?

693 participants at the start of plan year 2024, 468 of them active employees, and 268 former employees who still had money in the plan.

What is the average 401(k) balance at Minn-dak Farmers Cooperative?

About $74,291 per account: $54.2 million in plan assets across 729 accounts with a balance at the end of plan year 2024.

Who manages the Minn-dak Farmers Cooperative 401(k) accounts?

Alerus (listed on the filing as ALERUS FINANCIAL, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Minn-dak Farmers Cooperative. How do I access my 401(k)?

Your account stays with Alerus after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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