Retirement plan

PRAIRIE FARMS DAIRY, INC. THRIFT INCENTIVE PLAN

Name: PRAIRIE FARMS DAIRY, INC. - PRAIRIE FARMS DAIRY, INC. THRIFT INCENTIVE PLAN (2024) Form 5500
Creator: PRAIRIE FARMS DAIRY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRAIRIE FARMS DAIRY, INC. THRIFT INCENTIVE PLAN, PRAIRIE FARMS DAIRY, INC.

PRAIRIE FARMS DAIRY, INC.EIN 37-0811846Plan #007PY 2024

3744 STAUNTON ROAD - EDWARDSVILLE, IL 62025618-659-5700prairiefarms.comLinkedIn5001-10000 employeesdairy

Other plans on this EIN

3 filings

#012Retirement-$33.3M assets #009Retirement-$8.8M assets #014Retirement--

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$597.9M

-7.9% from 2017

Total participants

6,651

+17.6% from 2017

Average account balance

$111,910

-23.8% from 2017

Annual return

17.95%

-0.02 pp from 2017

Benchmarks

See 45 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants5,000-9,999

Cohort45 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$597.94M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$112K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

5,343

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

74.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$52.95M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.95%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$254

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.2 years Service code 13 · EIN 27-2037969	Contract Administrator	$1,357,916

Plan features & details

Pension benefit codes2E2J3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$1.4M

$263 / participant

Recordkeeping$191K14.0%
Contract admin$1M86.0%

% of EOY assets

0.227%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$111,910

$103,282+8.4%

$81,370+37.5%

$99,313+12.7%

Participation rate

74.7%

73.2%+1.5pp

69.5%+5.1pp

71.7%+3.0pp

Annual return

17.95%

15.11%+2.8pp

24.85%-6.9pp

17.67%+0.3pp

Employer contribution / active EE

$7,291

$3,061+138.2%

$2,464+195.9%

$3,264+123.4%

Participant deferral / active EE

$2,955

$4,549-35.0%

$3,885-23.9%

$5,346-44.7%

Admin fee / account holder

$254

$78+223.9%

$5,749-95.6%

$109+132.8%

Provider

Service type

Compensation

NEWPORT GROUP, INC.2 years

Service code 13 · EIN 27-2037969

Contract Administrator

$1,357,916

PRAIRIE FARMS DAIRY, INC. THRIFT INCENTIVE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRAIRIE FARMS DAIRY, INC. THRIFT INCENTIVE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion