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Original filing (PDF)20251010134843NAL0018159026001

FARMERS EDUCATIONAL & COOP UNION OF AMERICA NORTH DAKOTA DIVISION

Form 5500
FILING_RECEIVED
NORTH DAKOTA FARMERS UNION PENSION PLAN
Defined-benefit pension plan
Active participants
49
Accounts w/ balance
Plan assets (EOY)
$12.9M
Net assets (EOY)
$12.9M
How this plan invests
This plan
39 securities
funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
  • 66 bps in Schedule C fees — 127% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for FARMERS EDUCATIONAL & COOP UNION OF AMERICA NORTH DAKOTA DIVISION.
Plan sponsor
Name
FARMERS EDUCATIONAL & COOP UNION OF AMERICA NORTH DAKOTA DIVISION
EIN
45-0130613
Address
1415 12TH AVENUE SE · JAMESTOWN, ND · 58401
Phone
(701) 952-0145
Industry
Other Services (ex. Public Admin)see all
Plan administrator
Name
PENSION AND 401(K) BENEFITS COMMITTEE
EIN
45-0130613
City
JAMESTOWN, ND
Phone
(701) 952-0145
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-10
Pension benefit codes
1A · Pay-related DB formula
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
BRADY MARTZ AND ASSOCIATES
Trustee / custodian
Trustee phone

Service providers (Schedule C)

3 rows
Advisor / Consultant
1
NameEINLocationRelationDirect compIndirect comp
ADVANCED CAPITAL GROUP41-1921960INVESTMENT ADVISORY SVC$17K
TPA / Administrator
1
NameEINLocationRelationDirect compIndirect comp
GREAT WEST LIFE & ANNUITY INSURANCE84-0467907CONTRACT ADMINISTRATOR$59K
Accountant / Auditor
1
NameEINLocationRelationDirect compIndirect comp
BRADY MARTZ AND ASSOCIATES PC45-0310328CPA$9K

Investments

39 direct securities· $12.7M(98% of reported assets)
PIInvestmentTypeShares / unitsCostCurrent value% of plan
US Treas Sec Strip 0% Due 11/15/2053 U.S Treasuries$1.1M$1.0M7.9%
MM S&P 500 Index I Mutual Fund$1.0M$879K6.8%
JPMorgan Large Cap Growth R6 Mutual Fund$461K$756K5.9%
Putnam Large Cap Value Fd CI R6 Mutual Fund$577K$676K5.2%
US Treas Sec Strip 0% Due 05/15/2044 U.S Treasuries$681K$601K4.7%
Virtus KAR Small-Cap Core I Mutual Fund$501K$507K3.9%
Charles Schwab Bank Interest-Bearing Cash$488K$488K3.8%
US Treas Sec Strip 0% Due 08/15/2038 U.S Treasuries$457K$486K3.8%
American Cent Mid Cap Value R6 Mutual Fund$474K$476K3.7%
Vanguard Mid Cap Index Admiral Mutual Fund$299K$406K3.1%
Costco Wholesale Corp 1.750% Callable 04/20/2032 Corporate Bonds$328K$325K2.5%
Unilever Cap Corp 5.900% Callable 11/15/2032 Corporate Bonds$330K$318K2.5%
US Treas Sec Strip 0% Due 02/15/2037 U.S Treasuries$347K$317K2.5%
Virtus KAR Small-Cap Growth R6 Mutual Fund$357K$305K2.4%
US Treas Sec Strip 0% Due 08/15/2044 U.S Treasuries$299K$297K2.3%
Allspring Special Small Cap Value Fund Institutional Mutual Fund$261K$297K2.3%
Apple Inc. 2.850% Callable 08/05/2061 Corporate Bonds$301K$284K2.2%
United Parcel Service 3.050% Callable 11/15/2027 Corporate Bonds$248K$250K1.9%
Pfizer Inc. 1.750% Callable 08/18/2031 Corporate Bonds$244K$246K1.9%
Visa Inc. 2.000% Callable 08/15/2050 Corporate Bonds$252K$242K1.9%
Walmart Inc. 3.950% Callable 06/28/2038 Corporate Bonds$248K$242K1.9%
Chevron USA Inc. 2.343% Callable 08/12/2050 Corporate Bonds$252K$240K1.9%
US Treas Sec Strip 0% Due 11/15/2033 U.S Treasuries$237K$230K1.8%
Alphabet Inc. 1.900% Callable 08/15/2040 Corporate Bonds$308K$228K1.8%
US Treas Sec Strip 0% Due 11/15/2052 U.S Treasuries$281K$221K1.7%
Salesforce Com Inc. 2.700% Callable 07/15/2041 Corporate Bonds$228K$212K1.6%
Microsoft Corp 2.675% Callable 06/01/2060 Corporate Bonds$367K$205K1.6%
Amazon.Com Inc. 3.875% Callable 08/22/2037 Corporate Bonds$210K$203K1.6%
Comcast Corp 3.200% Callable 07/15/2036 Corporate Bonds$217K$201K1.6%
American New World Fund R5 Mutual Fund$187K$191K1.5%
Fidelity International Capital Appreciation Mutual Fund$160K$189K1.5%
Hartford Schroders International Stk SDR Mutual Fund$158K$185K1.4%
Tennesse Valley Auth Fed 0% Due 01/15/2047 U.S Treasuries$308K$178K1.4%
Tennesse Valley Auth Fed BE 0.000% Callable 03/15/2036 Corporate Bonds$200K$171K1.3%
Vanguard Small Cap Index Adm Mutual Fund$110K$155K1.2%
Pepperdine University 3.301% Callable 12/01/2059 Corporate Bonds$280K$153K1.2%
Alphabet Inc. 2.050% Callable 08/15/2050 Corporate Bonds$140K$130K1.0%
Johnson & Johnson 2.450% Callable 09/01/2060 Corporate Bonds$121K$114K0.9%
Mass Institute of Tech 3.885% Callable 07/01/2016 Corporate Bonds$60K$35K0.3%