Co-op Account Management

If you are a cooperative benefits administrator or have a hand in managing any of the cooperative-owned accounts invested at Homestead Funds, we’ve created this list of the most common questions and answers for you.

If you have a question about an account registered to you as an individual investor, see Account Help

We have a dedicated phone line set up just for cooperative benefit professionals. If you don’t see what you are looking for here, contact a Homestead Funds representative at 800-258-3030, option 3.

Deferred Compensation

Your cooperative’s deferred compensation plan is a partnership between the plan administrator (the cooperative), the consultant (NRECA or a third-party selected by your cooperative) and the investment provider (Homestead Funds). We want to make sure you understand the role each partner plays so you can get your questions answered as soon as possible.

FAS-106 Account Help

A FAS-106 account allows organizations to fund post-retirement medical benefits to retirees. Your cooperative can invest assets with a goal of long term-appreciation, while still maintaining a high level of liquidity to meet ongoing expenses related to retiree health care.

Entity Account Help

Cooperatives use entity accounts for many different purposes, from establishing scholarship funds to funding future equipment purchases. The term “entity account” can be applied to many different types of account registrations but generally it means an account owned by the cooperative.