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Recordkeeping fees per participant · The Andersons, Inc. Retirement Savings Investment Plan · plan year 2024
$27.88
Higher than 24% of the 1,697 plans $250M to 1B that report it.
= $98,344 / 3,527
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251001144438NAL0031893042001, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001144438NAL0031893042001, received 2025-10-01
Percentiles compare this plan with the Schedule H plans $250M to 1B 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 2025-10-01.
Administrative expenses excluding investment management, per participant
$61.70
Higher than 44% of the 2,324 plans $250M to 1B that report it.
= $217,614 / 3,527
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251001144438NAL0031893042001, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001144438NAL0031893042001, received 2025-10-01
Administrative expenses per participant
$99.44
Higher than 58% of the 2,405 plans $250M to 1B that report it.
= $350,716 / 3,527
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251001144438NAL0031893042001, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001144438NAL0031893042001, received 2025-10-01
Administrative expenses as a share of assets
0.095%
Higher than 64% of the 2,407 plans $250M to 1B that report it.
= $350,716 / $368,353,220
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251001144438NAL0031893042001, received 2025-10-01
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251001144438NAL0031893042001, received 2025-10-01
Employer contributions per participant
$3,671
Higher than 59% of the 2,457 plans $250M to 1B that report it.
= $12,948,668 / 3,527
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251001144438NAL0031893042001, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001144438NAL0031893042001, received 2025-10-01
Employer share of total contributions
45.4%
Higher than 86% of the 2,459 plans $250M to 1B that report it.
= $12,948,668 / $28,517,879
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251001144438NAL0031893042001, received 2025-10-01
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251001144438NAL0031893042001, received 2025-10-01
Employer match
“The Plan provides for a required minimum Employer matching contribution of 100% of the first 3% of a participant’s deferred compensation plus 50% of the next 2% of a participant’s deferred compensation, subject to limitations in the IRC.”
Form 11-K filed 2026-06-03, for the year ended 2025-12-31 · plan description note, contributions · source document
Eligibility
“Full-time employees are eligible to begin deferring money into the Plan as soon as administratively practicable following their date of hire.”
Form 11-K filed 2026-06-03, for the year ended 2025-12-31 · plan description note, eligibility · source document
Vesting
“Participants are immediately 100% vested in the participant contributions, Employer matching contributions, rollover contributions and any income or loss thereon.”
Form 11-K filed 2026-06-03, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“Participants are automatically enrolled in the Plan with an effective pretax deferral of 5% of compensation unless a participant affirmatively elects out of the automatic deferral feature or elects a different deferral rate.”
Form 11-K filed 2026-06-03, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251001144438NAL0031893042001, received 2025-10-01
| Field | Value | Source |
|---|---|---|
| Plan sponsor | THE ANDERSONS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Plan name | THE ANDERSONS, INC. RETIREMENT SAVINGS INVESTMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Sponsor EIN / plan number | 34-1562374 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Sponsor location | MAUMEE, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Industry (business code) | 423990, Wholesale trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Filing received | 2025-10-01 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Participants, beginning of year | 3,620 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Active participants | 2,020 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Participants, end of year | 3,576 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Participants with an account balance | 3,527 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Total assets, beginning of year | $345,137,912 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Total assets, end of year | $368,353,220 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Net assets, end of year | $368,353,220 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Total income | $74,838,841 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Net income | $23,215,316 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Employer contributions | $12,948,668 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Participant contributions | $14,651,698 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Other contributions (incl. rollovers) | $917,513 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Total contributions | $28,517,879 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Benefit payments | $51,272,809 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Total expenses (incl. benefit payments) | $51,623,525 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Total administrative expenses | $350,716 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Recordkeeping fees | $98,344 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| IQPA audit fees | $27,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Investment advisory and management fees | $133,102 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Administrative expenses excluding investment management | $217,614 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Held in common/collective trusts | $9,005,262 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Held in mutual funds | $338,987,896 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251001144438NAL0031893042001, received 2025-10-01 |
| Independent auditor | LBMC PC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251001144438NAL0031893042001, received 2025-10-01 |
Position = column in the DOL layout for form year 2024. Filing 20251001144438NAL0031893042001, received 2025-10-01.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $133,102 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $99,028 | yes |
| HIGHLAND CONSULTING ASSOCIATES, IN | PLAN ADMINISTRATOR | 27 Investment advisory (plan) | $75,736 | no |
| LBMC, PC | PLAN SPONSOR | 10 Accounting (including auditing) | $27,000 | no |
| BAKER & HOSTETLER LLP | ATTORNEY/LEGAL | 29 Legal | $16,534 | no |
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 20251001144438NAL0031893042001, received 2025-10-01.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $345,137,912 | $368,353,220 | 6.7% |
| Participants with a balance | 3,565 | 3,527 | -1.1% |
| Administrative expenses | $285,639 | $350,716 | 22.8% |
| Recordkeeping fees per participant | $35.45 | $27.88 | -21.4% |
| Employer contributions | $16,589,405 | $12,948,668 | -21.9% |
Prior filing 20241014084937NAL0045366208001, received 2024-10-14; the plan years are contiguous.
Sponsor name as filed: THE ANDERSONS, INC.; SEC registrant: Andersons, Inc. (CIK 821026, matched by EIN; display name from the Form 11-K cover).