Plan Ledger DOL Form 5500 · updated monthly

Farmers Union Industries, LLC401(k)

CO-OP 401(K) PLAN · REDWOOD FALLS, MN · plan year 2025

Reported admin expense ratio · 2025
0.24%

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

Farmers Union Industries, LLC reported $75,454 in plan administrative expenses for 2025: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,639 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 4 years on file its reported administrative ratio has held roughly steady near 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 646th-largest of 1,918 plans among Minnesota employers on file, and the 4,182nd of 13,661 in manufacturing. In 2025, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,131,716
Participants with balances499
Active participants492
Employer contributions$1,298,171
Employee contributions$1,636,964
Employer contribution per active participant$2,639
Average account balance$66,396
Benefits paid to participants$2,626,134
Plan auditUnmodified (clean) audit opinion
AuditorCARLSON SV, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$33.1M · 499 accts · $1.3M emplr
2024$28.7M · 603 accts · $1.5M emplr
2023$26.4M · 591 accts · $1.5M emplr
2022$22.6M · 595 accts · $1.3M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$71,101
Total administrative$75,454
The Farmers Union Industries, LLC 401(k) match · 2025
Employer contribution per active participant$2,639
Median for plans this size$2,666
2025$2,639 per active participant
2024$2,981 per active participant
2023$3,079 per active participant
2022$2,952 per active participant

Farmers Union Industries, LLC's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
MILLIMAN, INC. · Recordkeeping$52,204

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

Recordkeeper by year3
2025Milliman
2024Milliman
2023Milliman

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

Administrative cost history4
2025$75,454 · 0.24%
2024$62,735 · 0.23%
2023$59,151 · 0.24%
2022$60,849 · 0.25%
Same employer
Similar plansManufacturing · Minnesota
Branding Iron Holdings MN$34.1M · 0.38%
Nordic Fiberglass, Inc. MN$33.7M · 0.01%
Impressions, Inc MN$33.6M · 0.24%
Computype, Inc. MN$33.3M · 0.04%
Multi-Tech Systems, Inc. MN$32.4M · 0.31%
Arkray America MN$32.0M · 0.15%
U.M.C., Inc. MN$31.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203001031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.