Retirement plan

MEADOWLAND FARMERS COOP 401(K) PLAN

Name: MEADOWLAND FARMERS COOP - MEADOWLAND FARMERS COOP 401(K) PLAN (2025) Form 5500
Creator: MEADOWLAND FARMERS COOP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEADOWLAND FARMERS COOP 401(K) PLAN, MEADOWLAND FARMERS COOP

MEADOWLAND FARMERS COOPEIN 41-0248820Plan #002PY 2025

101 1ST AVENUE EAST, PO BOX 338 - LAMBERTON, MN 56152507-752-7352meadowlandfarmerscoop.comLinkedIn11-50 employeesfarming

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$20.1M

+7.9% from 2024

Total participants

237

-6.0% from 2024

Average account balance

$106,568

+14.8% from 2024

Annual return

14.90%

+2.32 pp from 2024

Benchmarks

See 195 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants100-249

Cohort195 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.14M

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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.

189

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.

76.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$913K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$523

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 3 by compensation

Provider	Service type	Compensation
LPL FINANCIAL3 years Filed as: LPL FINANCIAL, LLC Service code 26 · EIN 04-3046611	Advisory (Participants)	$45,859
CARLSON SV1 year Filed as: CARLSONSV, LLP Service code 10 · EIN 41-1562398	Accounting	$12,597
JOHN HANCOCK LIFE INSURANCE COMPANY3 years Service code 15 · EIN 01-0233346	Recordkeeping	$72

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$99K

$475 / participant

Recordkeeping$32K32.5%
Investment mgmt$49K49.9%
Contract admin$5K4.8%
Other / not subdivided$13K12.7%

% of EOY assets

0.491%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARLSONSV, LLP
Auditor EIN: 411562398
Audit fees: $12,597
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,568

$65,122+63.6%

$135,792-21.5%

$64,097+66.3%

Participation rate

76.9%

47.1%+29.8pp

72.6%+4.3pp

55.2%+21.7pp

Annual return

14.90%

14.53%+0.4pp

25.96%-11.1pp

34.64%-19.7pp

Employer contribution / active EE

$1,280-100.0%

$3,496-100.0%

$1,891-100.0%

Participant deferral / active EE

$4,389

$2,219+97.8%

$4,759-7.8%

$3,080+42.5%

Admin fee / account holder

$523

$3,120-83.2%

$12,266-95.7%

$3,454-84.9%

Provider

Service type

Compensation

LPL FINANCIAL3 years

Filed as: LPL FINANCIAL, LLC

Service code 26 · EIN 04-3046611

Advisory (Participants)

$45,859

CARLSON SV1 year

Filed as: CARLSONSV, LLP

Service code 10 · EIN 41-1562398

Accounting

$12,597

JOHN HANCOCK LIFE INSURANCE COMPANY3 years

Service code 15 · EIN 01-0233346

Recordkeeping

$72

MEADOWLAND FARMERS COOP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEADOWLAND FARMERS COOP 401(K) 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