Retirement plan

LAND O LAKES EMPLOYEE SAVINGS & SUPPLEMENTAL RETIREMENT PLAN

Name: LAND O' LAKES INC. - LAND O LAKES EMPLOYEE SAVINGS & SUPPLEMENTAL RETIREMENT PLAN (2018) Form 5500
Creator: LAND O' LAKES INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAND O LAKES EMPLOYEE SAVINGS & SUPPLEMENTAL RETIREMENT PLAN, LAND O' LAKES INC.

LAND O' LAKES INC.EIN 41-0365145Plan #017PY 2018

MS 1085 PO BOX 64101 - ST. PAUL, MN 551643336800-906-3336landolakesinc.comLinkedIn5001-10000 employeesfood production

Other plans on this EIN

2 filings

#001Retirement-$959.7M assets #030Retirement-$712K assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed November 6, 2009 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$1430.6M

-9.1% from 2016

Total participants

11,470

-5.8% from 2016

Average account balance

$124,823

-7.2% from 2016

Annual return

-5.20%

-8.87 pp from 2016

Benchmarks

See 37 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants5,000-9,999

Cohort37 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.04B

Not enough data

1 years with asset history on file

Average account balance

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

$183K

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.

11,146

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.

96.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$118.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+11.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$154

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
FINANCIAL ENGINES2 years Filed as: FINANCIAL ENGINES, INC. Service code 28 · EIN 94-3250323	Investment Management	$1,526,507
ALIGHT SOLUTIONS LLC2 years Service code 15 · EIN 82-1061233	Recordkeeping	$503,505
EAGLE CAPITAL MANAGEMENT, LLC2 years Filed as: EAGLE ASSET MANAGEMENT INC Service code 28 880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716	Investment Management	$424,404
WELLS FARGO BANK, N.A.4+ years Filed as: WELLS FARGO Service code 13 · EIN 41-1592157	Contract Administrator	$255,426
T ROWE PRICE RPS INC1 year Filed as: T ROWE PRICE Service code 49 · EIN 52-2264646	Other Services	$9,246

Plan features & details

Pension benefit codes2E2F2G2J2K

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$2.8M

$356 / participant

Investment mgmt$2M70.8%
Contract admin$504K18.3%
Other / not subdivided$300K10.9%

% of EOY assets

0.193%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: GRANT THORNTON LLP
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$124,823

$87,358+42.9%

$68,612+81.9%

$68,904+81.2%

Participation rate

99.9%

80.2%+19.7pp

72.2%+27.6pp

74.1%+25.8pp

Annual return

-5.20%

-3.98%-1.2pp

-4.63%-0.6pp

1.07%-6.3pp

Employer contribution / active EE

$6,548

$3,082+112.4%

$2,625+149.4%

$2,540+157.8%

Participant deferral / active EE

$7,938

$4,259+86.4%

$3,311+139.7%

$4,015+97.7%

Admin fee / account holder

$240

$68+255.8%

$5,131-95.3%

$71+237.0%

Provider

Service type

Compensation

FINANCIAL ENGINES2 years

Filed as: FINANCIAL ENGINES, INC.

Service code 28 · EIN 94-3250323

Investment Management

$1,526,507

ALIGHT SOLUTIONS LLC2 years

Service code 15 · EIN 82-1061233

Recordkeeping

$503,505

EAGLE CAPITAL MANAGEMENT, LLC2 years

Filed as: EAGLE ASSET MANAGEMENT INC

Service code 28

880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716

Investment Management

$424,404

WELLS FARGO BANK, N.A.4+ years

Filed as: WELLS FARGO

Service code 13 · EIN 41-1592157

Contract Administrator

$255,426

T ROWE PRICE RPS INC1 year

Filed as: T ROWE PRICE

Service code 49 · EIN 52-2264646

Other Services

$9,246

LAND O LAKES EMPLOYEE SAVINGS & SUPPLEMENTAL RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAND O LAKES EMPLOYEE SAVINGS & SUPPLEMENTAL RETIREMENT PLAN

Top hat statement on fileNQDC

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