SOUTHERN MINNESOTA BEET SUGAR COOPERATIVE has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SOUTHERN MINNESOTA BEET SUGAR COOPERATIVE 401(K) PLAN A AND TRUST
| Measure | Date | Value |
|---|
| 2023 : SOUTHERN MINNESOTA BEET SUGAR COOPERATIVE 401(K) PLAN A AND TRUST 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total transfer of assets to this plan | 2023-12-31 | $635,013 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $6,159,082 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $3,191,383 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $3,188,616 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $3,602,648 |
| Value of total assets at end of year | 2023-12-31 | $20,638,034 |
| Value of total assets at beginning of year | 2023-12-31 | $17,035,322 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $2,767 |
| Total interest from all sources | 2023-12-31 | $9,611 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $363,837 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $363,837 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $1,347,560 |
| Participant contributions at end of year | 2023-12-31 | $139,575 |
| Participant contributions at beginning of year | 2023-12-31 | $115,982 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $505,496 |
| Other income not declared elsewhere | 2023-12-31 | $246 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $2,967,699 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $20,638,034 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $17,035,322 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $17,109,133 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $13,826,840 |
| Interest on participant loans | 2023-12-31 | $9,611 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $2,783,692 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $2,510,207 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $2,086,155 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $96,585 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $1,749,592 |
| Employer contributions (assets) at end of year | 2023-12-31 | $605,634 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $582,293 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $3,188,616 |
| Contract administrator fees | 2023-12-31 | $2,767 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2023-12-31 | 410746749 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total transfer of assets to this plan | 2023-01-01 | $635,013 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $6,159,082 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $3,191,383 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $3,188,616 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $3,602,648 |
| Value of total assets at end of year | 2023-01-01 | $20,638,034 |
| Value of total assets at beginning of year | 2023-01-01 | $17,035,322 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $2,767 |
| Total interest from all sources | 2023-01-01 | $9,611 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $363,837 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $363,837 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $1,347,560 |
| Participant contributions at end of year | 2023-01-01 | $139,575 |
| Participant contributions at beginning of year | 2023-01-01 | $115,982 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $505,496 |
| Other income not declared elsewhere | 2023-01-01 | $246 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,967,699 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $20,638,034 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $17,035,322 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $17,109,133 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $13,826,840 |
| Interest on participant loans | 2023-01-01 | $9,611 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $2,783,692 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $2,510,207 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $2,086,155 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $96,585 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $1,749,592 |
| Employer contributions (assets) at end of year | 2023-01-01 | $605,634 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $582,293 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $3,188,616 |
| Contract administrator fees | 2023-01-01 | $2,767 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2023-01-01 | 410746749 |
| 2022 : SOUTHERN MINNESOTA BEET SUGAR COOPERATIVE 401(K) PLAN A AND TRUST 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $2,251 |
| Total income from all sources (including contributions) | 2022-12-31 | $-922,970 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $2,861,903 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $2,845,830 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,545,780 |
| Value of total assets at end of year | 2022-12-31 | $17,035,322 |
| Value of total assets at beginning of year | 2022-12-31 | $20,822,446 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $16,073 |
| Total interest from all sources | 2022-12-31 | $7,041 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $333,137 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $333,137 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $1,108,481 |
| Participant contributions at end of year | 2022-12-31 | $115,982 |
| Participant contributions at beginning of year | 2022-12-31 | $168,242 |
| Participant contributions at beginning of year | 2022-12-31 | $19,014 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $2,251 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $40,673 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-3,784,873 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $17,035,322 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $20,820,195 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $13,826,840 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $17,072,961 |
| Interest on participant loans | 2022-12-31 | $7,041 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $2,510,207 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $120,878 |
| Asset value of US Government securities at beginning of year | 2022-12-31 | $1,168,543 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-3,817,703 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $8,775 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $1,437,299 |
| Employer contributions (assets) at end of year | 2022-12-31 | $582,293 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $709,214 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,845,830 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2022-12-31 | $514,321 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2022-12-31 | $1,008,600 |
| Contract administrator fees | 2022-12-31 | $16,073 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | Yes |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | LEWIS, KISCH & ASSOCIATES, LTD. |
| Accountancy firm EIN | 2022-12-31 | 411620961 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $2,251 |
| Total income from all sources (including contributions) | 2022-01-01 | $-922,970 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $2,861,903 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $2,845,830 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $2,545,780 |
| Value of total assets at end of year | 2022-01-01 | $17,035,322 |
| Value of total assets at beginning of year | 2022-01-01 | $20,822,446 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $16,073 |
| Total interest from all sources | 2022-01-01 | $7,041 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $333,137 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $333,137 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $1,108,481 |
| Participant contributions at end of year | 2022-01-01 | $115,982 |
| Participant contributions at beginning of year | 2022-01-01 | $168,242 |
| Participant contributions at beginning of year | 2022-01-01 | $19,014 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-01-01 | $2,251 |
| Total non interest bearing cash at beginning of year | 2022-01-01 | $40,673 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-3,784,873 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $17,035,322 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $20,820,195 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $13,826,840 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $17,072,961 |
| Interest on participant loans | 2022-01-01 | $7,041 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $2,510,207 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $120,878 |
| Asset value of US Government securities at beginning of year | 2022-01-01 | $1,168,543 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-3,817,703 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $8,775 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $1,437,299 |
| Employer contributions (assets) at end of year | 2022-01-01 | $582,293 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $709,214 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $2,845,830 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2022-01-01 | $514,321 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2022-01-01 | $1,008,600 |
| Contract administrator fees | 2022-01-01 | $16,073 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-01-01 | Yes |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | LEWIS, KISCH & ASSOCIATES, LTD. |
| Accountancy firm EIN | 2022-01-01 | 411620961 |
| 2021 : SOUTHERN MINNESOTA BEET SUGAR COOPERATIVE 401(K) PLAN A AND TRUST 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total transfer of assets to this plan | 2021-12-31 | $78,759 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $2,251 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $1,812 |
| Total income from all sources (including contributions) | 2021-12-31 | $4,862,096 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $905,697 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $895,952 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $3,311,973 |
| Value of total assets at end of year | 2021-12-31 | $20,822,446 |
| Value of total assets at beginning of year | 2021-12-31 | $16,786,849 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $9,745 |
| Total interest from all sources | 2021-12-31 | $4,672 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $681,698 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $681,698 |
| Administrative expenses professional fees incurred | 2021-12-31 | $5,275 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $1,065,434 |
| Participant contributions at end of year | 2021-12-31 | $168,242 |
| Participant contributions at beginning of year | 2021-12-31 | $48,176 |
| Participant contributions at end of year | 2021-12-31 | $19,014 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $2,251 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $1,812 |
| Other income not declared elsewhere | 2021-12-31 | $-52,664 |
| Administrative expenses (other) incurred | 2021-12-31 | $4,470 |
| Total non interest bearing cash at end of year | 2021-12-31 | $40,673 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $77,496 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $3,956,399 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $20,820,195 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $16,785,037 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $17,072,961 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $14,320,100 |
| Interest on participant loans | 2021-12-31 | $4,672 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $120,878 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $195,685 |
| Asset value of US Government securities at end of year | 2021-12-31 | $1,168,543 |
| Asset value of US Government securities at beginning of year | 2021-12-31 | $984,032 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $916,345 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $72 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $2,246,539 |
| Employer contributions (assets) at end of year | 2021-12-31 | $709,214 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $895,952 |
| Asset. Corporate debt instrument preferred debt at end of year | 2021-12-31 | $514,321 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2021-12-31 | $435,004 |
| Asset. Corporate debt instrument debt (other) at end of year | 2021-12-31 | $1,008,600 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2021-12-31 | $726,356 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | LEWIS, KISCH & ASSOCIATES |
| Accountancy firm EIN | 2021-12-31 | 411620961 |
| 2020 : SOUTHERN MINNESOTA BEET SUGAR COOPERATIVE 401(K) PLAN A AND TRUST 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $1,812 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $4,692,018 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $716,951 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $712,402 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $2,454,622 |
| Value of total assets at end of year | 2020-12-31 | $16,786,849 |
| Value of total assets at beginning of year | 2020-12-31 | $12,809,970 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $4,549 |
| Total interest from all sources | 2020-12-31 | $4,045 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $407,331 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $407,331 |
| Administrative expenses professional fees incurred | 2020-12-31 | $1,425 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $1,055,501 |
| Participant contributions at end of year | 2020-12-31 | $48,176 |
| Participant contributions at beginning of year | 2020-12-31 | $83,703 |
| Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $1,735,263 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $1,812 |
| Other income not declared elsewhere | 2020-12-31 | $243,354 |
| Administrative expenses (other) incurred | 2020-12-31 | $3,124 |
| Total non interest bearing cash at end of year | 2020-12-31 | $77,496 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $17,314 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $3,975,067 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $16,785,037 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $12,809,970 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $14,320,100 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $10,973,690 |
| Interest on participant loans | 2020-12-31 | $4,045 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $195,685 |
| Asset value of US Government securities at end of year | 2020-12-31 | $984,032 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,582,214 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $452 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $1,399,121 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $712,402 |
| Asset. Corporate debt instrument preferred debt at end of year | 2020-12-31 | $435,004 |
| Asset. Corporate debt instrument debt (other) at end of year | 2020-12-31 | $726,356 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | LEWIS, KISCH & ASSOCIATES |
| Accountancy firm EIN | 2020-12-31 | 411620961 |
| 2019 : SOUTHERN MINNESOTA BEET SUGAR COOPERATIVE 401(K) PLAN A AND TRUST 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total transfer of assets to this plan | 2019-12-31 | $249,157 |
| Total transfer of assets to this plan | 2019-12-31 | $249,157 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $4,317,481 |
| Total income from all sources (including contributions) | 2019-12-31 | $4,317,481 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $2,419,154 |
| Total of all expenses incurred | 2019-12-31 | $2,419,154 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $2,386,552 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $2,386,552 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,039,516 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,039,516 |
| Value of total assets at end of year | 2019-12-31 | $12,809,970 |
| Value of total assets at end of year | 2019-12-31 | $12,809,970 |
| Value of total assets at beginning of year | 2019-12-31 | $10,662,486 |
| Value of total assets at beginning of year | 2019-12-31 | $10,662,486 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $32,602 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $32,602 |
| Total interest from all sources | 2019-12-31 | $5,700 |
| Total interest from all sources | 2019-12-31 | $5,700 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $458,939 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $458,939 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Administrative expenses professional fees incurred | 2019-12-31 | $32,602 |
| Administrative expenses professional fees incurred | 2019-12-31 | $32,602 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $3,000,000 |
| Value of fidelity bond cover | 2019-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $920,730 |
| Participant contributions at end of year | 2019-12-31 | $83,703 |
| Participant contributions at end of year | 2019-12-31 | $83,703 |
| Participant contributions at beginning of year | 2019-12-31 | $100,834 |
| Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $1,735,263 |
| Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $1,735,263 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $533,162 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $533,162 |
| Total non interest bearing cash at end of year | 2019-12-31 | $17,314 |
| Total non interest bearing cash at end of year | 2019-12-31 | $17,314 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $3,883 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $1,898,327 |
| Value of net income/loss | 2019-12-31 | $1,898,327 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $12,809,970 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $12,809,970 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $10,662,486 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $10,662,486 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $10,973,690 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $10,973,690 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $9,018,937 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $9,018,937 |
| Interest on participant loans | 2019-12-31 | $5,700 |
| Interest on participant loans | 2019-12-31 | $5,700 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $1,538,832 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $1,538,832 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,813,326 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,813,326 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $585,624 |
| Contributions received in cash from employer | 2019-12-31 | $585,624 |
| Income. Dividends from preferred stock | 2019-12-31 | $458,939 |
| Income. Dividends from preferred stock | 2019-12-31 | $458,939 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $2,386,552 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $2,386,552 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | LEWIS, KISCH & ASSOCIATES |
| Accountancy firm name | 2019-12-31 | LEWIS, KISCH & ASSOCIATES |
| Accountancy firm EIN | 2019-12-31 | 411620961 |
| Accountancy firm EIN | 2019-12-31 | 411620961 |
| 2018 : SOUTHERN MINNESOTA BEET SUGAR COOPERATIVE 401(K) PLAN A AND TRUST 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total income from all sources (including contributions) | 2018-12-31 | $133,304 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $1,345,690 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $1,300,035 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $886,507 |
| Value of total assets at end of year | 2018-12-31 | $10,662,486 |
| Value of total assets at beginning of year | 2018-12-31 | $11,874,872 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $45,655 |
| Total interest from all sources | 2018-12-31 | $3,972 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $624,119 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $624,119 |
| Administrative expenses professional fees incurred | 2018-12-31 | $45,655 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $805,915 |
| Participant contributions at end of year | 2018-12-31 | $100,834 |
| Participant contributions at beginning of year | 2018-12-31 | $103,547 |
| Total non interest bearing cash at end of year | 2018-12-31 | $3,883 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $4,701 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-1,212,386 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $10,662,486 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $11,874,872 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $9,018,937 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $9,759,529 |
| Income. Interest from loans (other than to participants) | 2018-12-31 | $3,972 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $1,538,832 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $2,007,095 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-1,381,294 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $80,592 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $1,300,035 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | LEWIS, KISCH & ASSOCIATES |
| Accountancy firm EIN | 2018-12-31 | 411620961 |
| 2009 : SOUTHERN MINNESOTA BEET SUGAR COOPERATIVE 401(K) PLAN A AND TRUST 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
