401k Record

Employers › American Crystal Sugar

American Crystal Sugar 401(k)

Recordkeeping fees per participant · American Crystal Sugar Company 401(k) Partnership Plan · plan year 2024

$11.79

Higher than 12% of the 5,847 plans $50 to 250M that report it.

Source

= $16,875 / 1,431
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250829082626NAL0011159809001, received 2025-08-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829082626NAL0011159809001, received 2025-08-29

10th: $10.22median $69.9190th: $151.08

Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-29.

Cost and contributions

Administrative expenses excluding investment management, per participant

$99.18

10th: $16.21median $93.2090th: $246.84

Higher than 54% of the 8,758 plans $50 to 250M that report it.

Source

= $141,931 / 1,431
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250829082626NAL0011159809001, received 2025-08-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829082626NAL0011159809001, received 2025-08-29

Administrative expenses per participant

$99.18

10th: $29.39median $132.8490th: $350.58

Higher than 36% of the 9,042 plans $50 to 250M that report it.

Source

= $141,931 / 1,431
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250829082626NAL0011159809001, received 2025-08-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829082626NAL0011159809001, received 2025-08-29

Administrative expenses as a share of assets

0.077%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 29% of the 9,049 plans $50 to 250M that report it.

Source

= $141,931 / $185,083,899
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250829082626NAL0011159809001, received 2025-08-29
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250829082626NAL0011159809001, received 2025-08-29

Employer contributions per participant

$3,185

10th: $965median $2,73890th: $8,164

Higher than 58% of the 9,105 plans $50 to 250M that report it.

Source

= $4,558,068 / 1,431
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250829082626NAL0011159809001, received 2025-08-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829082626NAL0011159809001, received 2025-08-29

Employer share of total contributions

32.7%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 60% of the 9,112 plans $50 to 250M that report it.

Source

= $4,558,068 / $13,950,441
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250829082626NAL0011159809001, received 2025-08-29
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250829082626NAL0011159809001, received 2025-08-29

Plan terms, as stated in American Crystal Sugar Company's SEC filings

Plan terms are described in American Crystal Sugar Company's SEC filings: Form 10-K filed 2012-11-08. No term could be quoted from them with the required precision.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250829082626NAL0011159809001, received 2025-08-29

Full record, American Crystal Sugar Company 401(k) Partnership Plan

FieldValueSource
Plan sponsorAMERICAN CRYSTAL SUGAR COMPANYForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250829082626NAL0011159809001, received 2025-08-29
Plan nameAMERICAN CRYSTAL SUGAR COMPANY 401(K) PARTNERSHIP PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250829082626NAL0011159809001, received 2025-08-29
Sponsor EIN / plan number84-0004720 / 010Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250829082626NAL0011159809001, received 2025-08-29
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250829082626NAL0011159809001, received 2025-08-29
Sponsor locationMOORHEAD, MNForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250829082626NAL0011159809001, received 2025-08-29
Industry (business code)311300, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250829082626NAL0011159809001, received 2025-08-29
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250829082626NAL0011159809001, received 2025-08-29
Filing received2025-08-29Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250829082626NAL0011159809001, received 2025-08-29
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250829082626NAL0011159809001, received 2025-08-29
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250829082626NAL0011159809001, received 2025-08-29
Participants, beginning of year2,017Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250829082626NAL0011159809001, received 2025-08-29
Active participants1,671Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250829082626NAL0011159809001, received 2025-08-29
Participants, end of year1,990Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250829082626NAL0011159809001, received 2025-08-29
Participants with an account balance1,431Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829082626NAL0011159809001, received 2025-08-29
Total assets, beginning of year$183,578,951Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250829082626NAL0011159809001, received 2025-08-29
Total assets, end of year$185,083,899Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250829082626NAL0011159809001, received 2025-08-29
Net assets, end of year$185,083,899Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250829082626NAL0011159809001, received 2025-08-29
Total income$34,520,494Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250829082626NAL0011159809001, received 2025-08-29
Net income$1,504,948Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250829082626NAL0011159809001, received 2025-08-29
Employer contributions$4,558,068Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250829082626NAL0011159809001, received 2025-08-29
Participant contributions$8,160,632Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250829082626NAL0011159809001, received 2025-08-29
Other contributions (incl. rollovers)$1,231,741Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250829082626NAL0011159809001, received 2025-08-29
Total contributions$13,950,441Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250829082626NAL0011159809001, received 2025-08-29
Benefit payments$32,865,483Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250829082626NAL0011159809001, received 2025-08-29
Total expenses (incl. benefit payments)$33,015,546Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250829082626NAL0011159809001, received 2025-08-29
Total administrative expenses$141,931Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250829082626NAL0011159809001, received 2025-08-29
Contract administrator fees$117,706Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250829082626NAL0011159809001, received 2025-08-29
Recordkeeping fees$16,875Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250829082626NAL0011159809001, received 2025-08-29
Administrative expenses excluding investment management$141,931derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250829082626NAL0011159809001, received 2025-08-29
Held in common/collective trusts$133,956,855Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250829082626NAL0011159809001, received 2025-08-29
Held in mutual funds$47,699,692Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250829082626NAL0011159809001, received 2025-08-29
Independent auditorCLIFTONLARSONALLEN LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250829082626NAL0011159809001, received 2025-08-29

Position = column in the DOL layout for form year 2024. Filing 20250829082626NAL0011159809001, received 2025-08-29.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
PRINCIPAL LIFE INSURANCE COMPANYrecordkeeperCONTRACT ADMINISTRATOR 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees $117,705yes
MERCERCONSULTANT 16 Consulting (general); 50 Direct payment from the plan; 99 Other fees $16,875no
CLIFTON LARSON ALLEN LLPOTHER SERVICES 49 Other services; 50 Direct payment from the plan; 99 Other fees $7,350no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250829082626NAL0011159809001, received 2025-08-29.

What changed since the 2023 plan year

Figure20232024Change
Total assets$183,578,951$185,083,8990.8%
Participants with a balance1,3981,4312.4%
Administrative expenses$121,574$141,93116.7%
Recordkeeping fees per participantnot reported$11.79
Employer contributions$4,257,845$4,558,0687.1%

Prior filing 20241002153524NAL0008562305001, received 2024-10-02; the plan years are contiguous.

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Sponsor name as filed: AMERICAN CRYSTAL SUGAR COMPANY; SEC registrant: AMERICAN CRYSTAL SUGAR CO /MN/ (CIK 4828, matched by EIN).