A multiemployer pension plan is used by an employer to provide a benefit to their employees in a plan that is shared with multiple employers, usually in similar industries. Under previous accounting principles, employers were only required to disclose their contributions to the plan without disclosing the funded status of the plan.

The USDA released its listing of the top 100 agricultural cooperatives much sooner for the 2011 year.  Agricultural cooperatives had record sales and income in 2011, surpassing the previous record set in 2008.  These 100 coops reported record sales of $148 billion in 2011, an increase of almost 30% over 2010.  Net income for the...

The CHS Annual Meeting is just around the corner! This year, our hospitality room will be hosted in the Mirage Room of the Hyatt Regency in Minneapolis on Wednesday, December 5th.  Come and see us from 3 PM to 7 PM for some great food, drinks, door prizes and company.  Watch for your invite in...

Summer 2012 has been a busy one for us, and it's not over yet! Check out the events we'll be participating in, and if you are too, stop by and say hello! Here's what's on our calendar:

My brother and I created a yearly memorial scholarship on behalf of our dad who passed away this February. Our dad was a 1950 graduate of Waukee High School. This scholarship is awarded to 2 senior graduates from Waukee High School who plan to attend post-secondary school and pursue a degree in accounting. The 2 candidates will each receive a scholarship in the amount of $1,000.

In May, the USDA released a listing of the top 100 agricultural cooperatives, highlighting their near record-breaking successes in 2010. According to the listing, the coops had combined revenue of $118 billion, with 23 of the listed 100 coops reporting revenue of more than $1 billion, and 47 more of the coops boasting over $500 million in revenue! Additionally, the asset base and profit margins increased for all 100 coops on the listing.