Plan Ledger DOL Form 5500 · updated monthly

American Crystal Sugar Company401(k)

AMERICAN CRYSTAL SUGAR COMPANY 401(K) PARTNERSHIP PLAN · MOORHEAD, MN · plan year 2024

Reported admin expense ratio · 2024
0.08%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

American Crystal Sugar Company reported $141,931 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $2,728 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.077%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 177th-largest of 1,918 plans among Minnesota employers on file, and the 1,225th of 13,661 in manufacturing. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$185,083,899
Participants with balances1,431
Active participants1,671
Employer contributions$4,558,068
Employee contributions$8,160,632
Employer contribution per active participant$2,728
Average account balance$129,339
Benefits paid to participants$32,865,483
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$185.1M · 1,431 accts · $4.6M emplr
2023$183.6M · 1,398 accts · $4.3M emplr
2022$172.5M · 1,469 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$134,581
Total administrative$141,931
The American Crystal Sugar Company 401(k) match · 2024
Employer contribution per active participant$2,728
Median for plans this size$3,635
2024$2,728 per active participant
2023$2,668 per active participant
2022$2,423 per active participant

American Crystal Sugar Company's 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$117,705
MERCER · Consulting$16,875
CLIFTON LARSON ALLEN LLP · Other services$7,350

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$141,931 · 0.08%
2023$121,574 · 0.07%
2022$148,844 · 0.08%
Same employer
Similar plansManufacturing · Minnesota
Rosen's Diversified, Inc. MN$209.7M · 0.17%
Red Wing Shoe Company, Inc. MN$190.8M · 0.19%
Vessco, Inc. MN$182.0M · 0.05%
Stratasys, Inc. MN$179.0M
Cantel Medical LLC MN$178.7M · 0.07%
Cirrus Design Corporation MN$162.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840004720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.