Plan Ledger DOL Form 5500 · updated monthly

Meadowland Farmers Coop401(k)

MEADOWLAND FARMERS COOP 401K PLAN · LAMBERTON, MN · plan year 2025

Reported admin expense ratio · 2025
0.51%

Meadowland Farmers Coop reported $98,883 in plan administrative expenses for 2025: 0.51% of average plan assets, higher than ~75% of peers. 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 rose from 0.47% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 889th-largest of 1,918 plans among Minnesota employers on file, and the 242nd of 945 in agriculture, forestry & fishing. active participation has grown from 119 to 208 since 2022.

Plan summary
Net assets, end of year$20,141,277
Participants with balances189
Active participants208
Employer contributions—
Employee contributions$913,000
Employer contribution per active participant—
Average account balance$106,568
Benefits paid to participants$2,210,497
Plan auditUnmodified (clean) audit opinion
AuditorCARLSONSV, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$20.1M · 189 accts
2024$18.7M · 201 accts
2023$16.5M · 201 accts · $59K emplr
2022$11.5M · 146 accts · $184K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$36,969
Investment management$49,317
Audit (IQPA)$12,597
Total administrative$98,883
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 · 20253
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$72
LPL FINANCIAL, LLC · Investment advisory (participants)$45,859
CARLSONSV, LLP · Accounting / audit$12,597

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

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

Administrative cost history4
2025$98,883 · 0.51%
2024$108,690 · 0.62%
2023$69,459 · 0.50%
2022$61,267 · 0.47%
Same employer
Similar plansAgriculture, Forestry & Fishing · Minnesota
Crystal Valley Cooperative MN$26.4M · 0.26%
Central Region Cooperative MN$23.6M · 0.23%
Centra Sota Cooperative MN$20.6M · 0.10%
Ralco Nutrition, Inc. MN$19.0M · 0.26%
Holden Farms, Inc. MN$17.3M · 0.40%
Western Consolidated Co-Op MN$16.9M · 0.08%
New Vision Co-Op MN$16.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410248820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.