Industry · Form 5500 business code 424500
Farm Product Raw Materials: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 67 retirement plans in farm product raw materials with 100 or more participants filed Form 5500: 59 defined contribution and 8 defined benefit. They reported 155,302 participant records and $15.1B in net assets, counting every plan on the form.
The median defined contribution plan held $65,136 per participant, above the national median of $53,031, and its employer put in $3,055 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $142 per participant against $123 nationally.
Employers contributed $274M and participants $336M during the year, and the plans paid out $1.33B in benefits.
In 2009 the same group numbered 79 plans with $7.48B; by 2024 it was 67 plans (down 15%) and $15.1B (up 102%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $65,136 | $53,031 | $39,551 | $86,234 |
| Employer contributions per active participant | $3,055 | $2,174 | $4,568 | $10,244 |
| Schedule C compensation per participant | $142 | $123 | $333 | $344 |
| Schedule C compensation, share of net assets | 0.23% | 0.26% | 0.28% | 0.42% |
| Administrative expenses per participant | $125 | $116 | $465 | $527 |
Medians across plans with 100 or more participants (56 DC and 8 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $29,069 | $65,136 | $120,470 | 56 |
| Employer contributions per active participant | $1,425 | $3,055 | $4,334 | 53 |
| Schedule C compensation per participant | $54.85 | $142 | $258 | 49 |
| Administrative expenses per participant | $42.26 | $125 | $289 | 56 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2024 | 67 | 155,302 | $15.1B | $274M | $336M | $65,136 | $142 |
| 2023 | 70 | 152,231 | $14.4B | $255M | $330M | $66,283 | $127 |
| 2022 | 82 | 151,107 | $13.2B | $244M | $318M | $44,980 | $111 |
| 2021 | 77 | 141,907 | $15.5B | $231M | $287M | $56,743 | $118 |
| 2020 | 79 | 136,644 | $13.9B | $162M | $263M | $52,431 | $97.75 |
| 2019 | 74 | 134,425 | $12.5B | $195M | $242M | $48,248 | $103 |
| 2018 | 74 | 136,094 | $11.1B | $173M | $232M | $42,276 | $115 |
| 2017 | 76 | 127,815 | $11.6B | $98.9M | $214M | $42,500 | $88.47 |
| 2016 | 76 | 125,354 | $10.2B | $327M | $199M | $44,367 | $81.95 |
| 2015 | 73 | 133,100 | $9.82B | $189M | $201M | $33,989 | $70.49 |
| 2014 | 74 | 142,952 | $10.4B | $163M | $183M | $39,559 | $65.52 |
| 2013 | 68 | 151,534 | $10.1B | $105M | $172M | $38,024 | $56.68 |
| 2012 | 72 | 151,701 | $8.87B | $183M | $160M | $30,588 | $43.07 |
| 2011 | 77 | 165,463 | $8.51B | $299M | $184M | $28,170 | $33.04 |
| 2010 | 77 | 162,513 | $8.44B | $156M | $170M | $29,040 | $26.77 |
| 2009 | 79 | 164,556 | $7.48B | $181M | $160M | $22,902 | $23.35 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 66 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 66 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| The Cargill Partnership Plan | Cargill, Incorporated | MN | DC | 43,508 | $8.92B | $205,035 | $3,337 | $83.49 |
| Cargill Employee Retirement Account Plan | Cargill, Incorporated | MN | DC | 32,006 | $613M | $19,144 | $2,963 | $10.57 |
| Cargill, Inc. and Associated Companies Salaried Employees Pension Plan | Cargill, Incorporated | MN | DB | 16,751 | $2.00B | $119,254 | $4,568 | $340 |
| Cargill Investment Plan | Cargill, Incorporated | MN | DC | 13,535 | $574M | $42,434 | $1,571 | $48.28 |
| Cargill, Inc. and Assoc. Co's Pension Plan for Production Employees | Cargill, Incorporated | MN | DB | 13,465 | $598M | $44,381 | — | $28.85 |
| Pension Fund of Local 227 | Board of Trustees of Pension Fund of Local 227 | FL | DB | 8,832 | $97.2M | $11,003 | $520 | $120 |
| Ardent Mills, LLC Retirement Savings Plan (for Salaried Employees) | Ardent Mills, LLC | CO | DC | 3,036 | $295M | $97,264 | $6,791 | $55.78 |
| CGB Enterprises, Inc. 401(k) Retirement Savings Plan | CGB Enterprises, Inc. | LA | DC | 2,421 | $335M | $138,479 | $7,832 | $142 |
| Louis Dreyfus Retirement Savings Plan | Louis Dreyfus Company LLC | CT | DC | 1,755 | $287M | $163,515 | $5,864 | $209 |
| The Scoular Company Retirement Savings Plan | The Scoular Company | NE | DC | 1,579 | $166M | $104,961 | $6,684 | $45.75 |
| The Scoular Company Profit Sharing Retirement Plan | The Scoular Company | NE | DC | 824 | $77.0M | $93,476 | — | $66.98 |
| Nebraskaland Retirement Plan | Nebraskaland, Inc. | NY | DC | 668 | $14.2M | $21,297 | $163 | $47.90 |
| Kenosha Beef International, Ltd. Employees' Pension Plan for Non-Union Employees | Kenosha Beef International, Ltd. | WI | DB | 661 | $14.5M | $21,967 | $4,479 | — |
| Columbia Grain Savings Plan | Columbia Grain | OR | DC | 625 | $54.1M | $86,509 | $3,348 | $96.36 |
| Louis Dreyfus Pension Plan | Louis Dreyfus Company LLC | CT | DB | 604 | $81.7M | $135,307 | $30,501 | $345 |
| Livestock Nutrition Center 401(k) Plan | Livestock Nutrition Center, LLC | TN | DC | 572 | $22.5M | $39,321 | $4,334 | $88.47 |
| Cream-O-Land Dairy, Inc. 401(k) Plan | Cream-O-Land Dairy, Inc. | NJ | DC | 539 | $12.0M | $22,298 | — | $96.89 |
| Eldon C. Stutsman, Inc. 401(k) Profit Sharing Plan | Eldon C. Stutsman, Inc. | IA | DC | 496 | $34.7M | $69,941 | $2,340 | $226 |
| Tilt Holdings Inc. 401(k) Plan | Tilt Holdings Inc. | AZ | DC | 484 | $1.9M | $3,973 | $1 | $34.81 |
| Engineering Services & Products Company 401(k) Defined Contribution Plan | Engineering Services & Products Company | CT | DC | 461 | $48.6M | $105,528 | $2,822 | — |
| R. S. Hanline & Co., Inc. 401(k) Profit Sharing Plan | R. S. Hanline & Co., Inc. | OH | DC | 455 | $13.4M | $29,400 | $1,425 | $234 |
| The Delong Co. Inc. 401(k) Profit Sharing Plan and Trust | The Delong Co. Inc. | WI | DC | 453 | $23.2M | $51,303 | $2,706 | $258 |
| Del Monte Fresh Produce (Hawaii) Inc. Pineapple Pension Plan | Del Monte Fresh Produce Hawaii Inc. | FL | DB | 430 | $11.3M | $26,376 | — | $227 |
| West Pak Avocado, Inc. Profit Sharing Plan | West Pak Avocado, Inc. | CA | DC | 386 | $13.2M | $34,072 | $4,801 | — |
| Weaver Brothers, Inc. Profit Sharing Plan | Weaver Brothers, Inc. | OH | DC | 386 | $5.4M | $13,931 | $4,367 | $101 |
| Gold Rush Ventures 401(k) Plan | Gold Rush Ventures, LLC | CA | DC | 373 | $12.3M | $32,988 | $1,708 | — |
| Zen-Noh Grain Corporation Retirement Savings Plan | Zen-Noh Grain Corporation | LA | DC | 358 | $71.5M | $199,604 | $8,812 | $230 |
| Trout-Blue Chelan Magi LLC 401(k) Plan | Trout-Blue Chelan-Magi, LLC | WA | DC | 351 | $8.4M | $24,072 | $856 | $70.92 |
| Wyffels Hybrids, Inc. Employees' Profit Sharing and Savings Plan | Wyffels Hybrids, Inc. | IL | DC | 334 | $43.1M | $129,130 | $3,153 | $376 |
| A. L. Gilbert Company Profit Sharing & Retirement Plan | A.L. Gilbert Company | CA | DC | 318 | $32.3M | $101,427 | $1,327 | $2.14 |
| Kershaw Company/domex Superfresh Growers 401(k) Plan | Kershaw Fruit & Cold Storage Co., LLC | WA | DC | 316 | $22.5M | $71,360 | $1,994 | $338 |
| The Frozen Defined Benefit Plan | Maryland & Virginia Milk Producers Cooperative Association, Inc. | VA | DB | 314 | $10.9M | $34,720 | $33,327 | $333 |
| State Garden, Inc. 401(k) Retirement Plan | State Garden, Inc. | MA | DC | 311 | $18.6M | $59,868 | $2,354 | $54.85 |
| Yakima Chief Hops 401(k) Retirement Plan | Yakima Chief Hops, Inc. | WA | DC | 309 | $15.5M | $50,269 | $3,672 | $42.92 |
| Cream-O-Land Dairy Union Employees' Pension Plan | Cream-O-Land Dairy, Inc. | NJ | DC | 290 | $828K | $2,855 | $97 | $26.30 |
| L&M Family of Companies 401(k) and Profit Sharing Plan | L&M Companies, Inc. | NC | DC | 281 | $50.3M | $179,127 | $4,051 | $313 |
| Krinos Foods, LLC and Athens Foods, Inc. 401(k) Plan | Krinos Foods, LLC | NY | DC | 265 | $14.1M | $53,342 | $372 | $27.14 |
| Helm America Corporation 401(k) Plan | Helm America Corporation | FL | DC | 260 | $21.5M | $82,744 | $6,477 | $94.06 |
| Mapes Food Services, Inc. 401(k) Plan | Mapes Food Services, Inc. | PA | DC | 248 | $56K | $227 | $98 | $14.40 |
| Syndex Corporation 401(k) Retirement Plan | Syndex Corporation | TX | DC | 242 | $6.8M | $28,076 | $505 | $281 |
By plan size
By state
Questions and answers
How many retirement plans are there in farm product raw materials?
67 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 103 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in farm product raw materials?
The median defined contribution plan reported $65,136 in net assets per participant (middle half of plans: $29,069 to $120,470); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in farm product raw materials?
The median defined contribution plan received $3,055 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in farm product raw materials?
Among defined contribution plans that report any Schedule C compensation, the median was $142 per participant and 0.23% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.