Plan Ledger DOL Form 5500 · updated monthly

Cargill, Incorporated401(k) + ESOP (KSOP)

THE CARGILL PARTNERSHIP PLAN · WAYZATA, MN · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Cargill, Incorporated reported $3,491,073 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $3,337 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 2 years on file its reported administrative ratio rose from 0.036% to 0.040%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other wholesale trade employers. By assets it is the 8th-largest of 1,918 plans among Minnesota employers on file, and the 3rd of 4,246 in wholesale trade. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,920,648,359
Participants with balances42,541
Active participants26,979
Employer contributions$90,023,840
Employee contributions$204,917,557
Employer contribution per active participant$3,337
Average account balance$209,695
Benefits paid to participants$791,720,871
Plan auditUnmodified (clean) audit opinion
AuditorKPMG
Plan history3
Yearassets · accounts · employer contribution
2024$8.9B · 42,541 accts · $90.0M emplr
2023$8.4B · 45,241 accts · $87.4M emplr
2022$7.7B · 44,511 accts · $90.8M emplr
The Cargill, Incorporated 401(k) match · 2024
Employer contribution per active participant$3,337
Median for plans this size$5,259
2024$3,337 per active participant
2023$2,984 per active participant
2022$3,122 per active participant

Cargill, Incorporated's 2024 employer contribution ran below the $5,259 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 · 20245
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$821,284
VANGUARD ADVISERS INC. · Investment advisory (participants)$2,530,046
NEPC LLC · Consulting$160,854
KPMG LLC$111,400
FRANCIS LLC · Consulting$9,000

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,491,073 · 0.04%
2023$3,103,354 · 0.04%
2022$2,938,473 · 0.04%
All plans at this employer3
CARGILL INVESTMENT PLAN401(k)
THE CARGILL PARTNERSHIP PLAN401(k) + ESOP (KSOP)
CARGILL EMPLOYEE RETIREMENT ACCOUNT PLANProfit-sharing plan
Same employer
Similar plansWholesale Trade · Minnesota
Nike, Inc. OR$5.9B · 0.04%
McKesson Corporation TX$5.7B · 0.02%
Sysco Corporation TX$5.2B · 0.05%
Cardinal Health, Inc. OH$4.8B · 0.05%
Chs Inc. MN$1.8B · 0.06%
Digi-Key Corporation MN$490.8M · 0.12%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 410177680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.