Plan Ledger DOL Form 5500 · updated monthly

United Sugar Producers and Refiners Cooperative401(k)

UNITED SUGAR PRODUCERS AND REFINERS COOPERATIVE 401(K) PARTNERSHIP PLAN · EDINA, MN · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

United Sugar Producers and Refiners Cooperative reported $43,544 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,038 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 1 year on file its reported administrative ratio rose from 0.09% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 583rd-largest of 1,918 plans among Minnesota employers on file, and the 3,747th of 13,661 in manufacturing. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,087,254
Participants with balances204
Active participants166
Employer contributions$1,334,232
Employee contributions$1,560,864
Employer contribution per active participant$8,038
Average account balance$191,604
Benefits paid to participants$5,130,376
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$39.1M · 204 accts · $1.3M emplr
2023$36.1M · 163 accts · $988K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,647
Investment management$36,897
Total administrative$43,544
The United Sugar Producers and Refiners Cooperative 401(k) match · 2024
Employer contribution per active participant$8,038
Median for plans this size$2,416
2024$8,038 per active participant
2023$7,262 per active participant

United Sugar Producers and Refiners Cooperative's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$36,897

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

Administrative cost history2
2024$43,544 · 0.12%
2023$30,751 · 0.09%
Same employer
Similar plansManufacturing · Minnesota
Nahan Printing, Inc. MN$41.6M · 0.14%
Gopher Resource, LLC MN$41.4M · 0.12%
Tolomatic, Inc. MN$40.5M · 0.24%
Process Displays, LLC MN$39.2M · 0.63%
Anagram International, LLC MN$38.8M · 0.07%
Le Sueur, Incorporated MN$37.2M · 0.18%
Intricon Inc. MN$37.2M · 0.19%
Micro Control Company MN$36.0M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 922541418 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.