Co-op Retirement Plan

Co-op Retirement Plan

The Co-op Retirement Plan was established in 1946. United Benefits Group has served as plan sponsor and administrator since 2002. The plan delivers defined-benefit retirement coverage to employees of agricultural and rural cooperatives. The plan allocates across private equity, real estate, and public securities. Confirmed holdings include commitments to Blackstone Capital Partners IV, Thoma Bravo Explore Fund, and AllianceBernstein U.S. Real Estate Partners II. Geographic exposure centers on the United States with additional positions in global private equity funds. Ticket sizes for private investments typically range from $10 million to $50 million. Assets totaled $3.331 billion as of the most recent valuation. J.P. Morgan Chase Bank serves as trustee and custodian. Additional service providers include Milliman for actuarial work and Gardiner Thomsen CPAs for audit. The plan maintains memberships in the National Society of Accountants for Cooperatives and the National Rural Electric Cooperative Association. Governance rests with a board drawn from participating cooperatives, including representatives from Mid-Kansas Cooperative and Key Cooperative. This structure ties investment decisions directly to the employer base rather than to a single family or corporate sponsor.