Employers › Land O'lakes › plan 031
Recordkeeping fees per participant · Co-op 401(k) Plan · plan year 2024
$22.49
Higher than 21% of the 14,075 plans $10 to 50M that report it.
= $12,617 / 561
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009085514NAL0015590034001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009085514NAL0015590034001, received 2025-10-09
Percentiles compare this plan with the Schedule H plans $10 to 50M 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 2025-10-09.
Administrative expenses excluding investment management, per participant
$28.05
Higher than 17% of the 24,371 plans $10 to 50M that report it.
= $15,734 / 561
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009085514NAL0015590034001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009085514NAL0015590034001, received 2025-10-09
Administrative expenses per participant
$28.05
Higher than 10% of the 25,098 plans $10 to 50M that report it.
= $15,734 / 561
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009085514NAL0015590034001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009085514NAL0015590034001, received 2025-10-09
Administrative expenses as a share of assets
0.064%
Higher than 16% of the 25,132 plans $10 to 50M that report it.
= $15,734 / $24,499,750
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009085514NAL0015590034001, received 2025-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009085514NAL0015590034001, received 2025-10-09
Employer contributions per participant
$3,270
Higher than 77% of the 24,050 plans $10 to 50M that report it.
= $1,834,558 / 561
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009085514NAL0015590034001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009085514NAL0015590034001, received 2025-10-09
Employer share of total contributions
48.4%
Higher than 92% of the 24,084 plans $10 to 50M that report it.
= $1,834,558 / $3,793,184
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009085514NAL0015590034001, received 2025-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009085514NAL0015590034001, received 2025-10-09
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251009085514NAL0015590034001, received 2025-10-09
| Field | Value | Source |
|---|---|---|
| Plan sponsor | LAND O' LAKES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Plan name | CO-OP 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Sponsor EIN / plan number | 41-0365145 / 031 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Sponsor location | ST. PAUL, MN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Industry (business code) | 115110, Agriculture, forestry, fishing and hunting | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Filing received | 2025-10-09 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Participants, beginning of year | 570 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Active participants | 370 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Participants, end of year | 562 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Participants with an account balance | 561 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Total assets, beginning of year | $20,066,884 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Total assets, end of year | $24,499,750 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Net assets, end of year | $24,498,219 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Total income | $6,107,121 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Net income | $4,432,750 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Employer contributions | $1,834,558 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Participant contributions | $1,924,598 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Other contributions (incl. rollovers) | $34,028 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Total contributions | $3,793,184 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Benefit payments | $1,658,637 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Total expenses (incl. benefit payments) | $1,674,371 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Total administrative expenses | $15,734 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Recordkeeping fees | $12,617 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Administrative expenses excluding investment management | $15,734 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Held in common/collective trusts | $80,012 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Held in mutual funds | $22,193,766 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251009085514NAL0015590034001, received 2025-10-09 |
| Independent auditor | GRANT THORNTON | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251009085514NAL0015590034001, received 2025-10-09 |
Position = column in the DOL layout for form year 2024. Filing 20251009085514NAL0015590034001, received 2025-10-09.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MILLIMAN, INC.recordkeeper | NONE | 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan; 59 Shareholder servicing fees; 64 Recordkeeping fees | $7,109 | 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 20251009085514NAL0015590034001, received 2025-10-09.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $20,066,884 | $24,499,750 | 22.1% |
| Participants with a balance | 565 | 561 | -0.7% |
| Administrative expenses | $14,135 | $15,734 | 11.3% |
| Recordkeeping fees per participant | $19.88 | $22.49 | 13.1% |
| Employer contributions | $1,842,738 | $1,834,558 | -0.4% |
Prior filing 20241004085502NAL0011992001001, received 2024-10-04; the plan years are contiguous.