The Restated Thrift/profit Sharing Plan for Cooperatives

Nexus Cooperative, Charles City IA. Employer ID 420243960, plan number 030. Annual reports on file for 2009 to 2024.

Where the money went

Plans that moved money into this one:

2010: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2010: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2011: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2013: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2015: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2015: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2017: money from Landus 401(k) Plan moved in.
2017: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2017: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2018: money from Landus 401(k) Plan moved in.
2018: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2019: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2020: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2020: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2020: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2021: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2021: money from Landus 401(k) Plan moved in.
2022: money from Landus 401(k) Plan moved in.
2022: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.
2023: money from The Restated Thrift/profit Sharing Plan for Cooperatives moved in.

Filed 2009-2024The Restated Thrift/profit Sharing Plan for Cooperatives, Nexus Cooperative
TodayThe Restated Thrift/profit Sharing Plan for Cooperatives still files. Principal Life Insurance Company keeps the records. That is where to ask.

Records are kept by Principal Life Insurance Company, per the 2024 filing.

Left in 2021? Worth asking about employer money

In plan year 2021, active participants fell from 154 to 119 (23%), and 9 people left before they were fully vested. When a plan loses about 20% or more of its participants in a year, the IRS presumes a partial plan termination (Revenue Ruling 2007-43). Everyone who left in that period must then be fully vested in the employer's contributions. A 2021 law (Consolidated Appropriations Act, section 209) can excuse a drop between March 2020 and March 2021 if the plan had rehired enough people by March 31, 2021. Filing

This is a reason to ask the plan, not a finding. The plan decides, and it may show the drop was routine.

Check my years

Worked here?

Check your years. We show whether the plan merged or moved money while you were there, and draft the letter to the plan that holds it now.

Check my years

Events in the filings

No unusual events.

People in the plan

"Left, still in the plan" counts people who left the employer but still have a benefit in the plan, as reported by the plan.

Plan year	Participants	Left, still in the plan	Source
2013	202	39	Filing
2014	216	43	Filing
2015	217	54	Filing
2016	212	58	Filing
2017	221	62	Filing
2018	216	60	Filing
2019	215	58	Filing
2020	222	66	Filing
2021	225	102	Filing
2022	230	100	Filing
2023	233	97	Filing
2024	397	142	Filing

Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.