401(k) · DOL Form 5500 · 2022

Poet Biorefining LLC 401(k) Plan

Data updated 2026-08-06

$172M
Total assets
2,022
Participants
95th
Percentile by assets
$84,979
Avg per participant
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Official DOL plan name: Poet Biorefining 401(k) Plan · Sponsored by Poet Biorefining LLC · South Dakota · Manufacturing

$172M in assets, 2,022 participants

Poet Biorefining LLC's Poet Biorefining 401(k) Plan reported $172M in total assets and 2,022 participants in its 2022 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 95th percentile by assets (of 139,258 plans)
  • #19,043 in Manufacturing (20,629 peers)

Coverage in South Dakota

Poet Biorefining 401(k) Plan covers 2,022 participants in South Dakota, 5.8x the typical South Dakota plan (state average ~346 per filing). Assets: $172M.

$172M
total plan assets (2022 EOY)
2,022
covered participants
95th
percentile by assets (of 139,258 plans)
$84,979
avg assets per participant

The plan reported a net loss of $19M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs South Dakota filers

In South Dakota, the average filing covers about 346 participants across 303 plans. Poet Biorefining 401(k) Plan reports 2,022 participants - 5.8x that state average ($172M EOY assets).

South Dakota filing particulars

Total Assets (Beginning of Year)$143M
Net Assets (End of Year)$172M
Net Income-$19M
Employer EIN474454378
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Poet Biorefining LLC)

$150M$200M$250M$300M 202220232024 $172M $266M ▲ +54.6%
Total plan assets by year, all Poet Biorefining LLC plans on file
Year Plans Participants Total Assets
2022 1 2,022 $172M
2023 1 2,254 $219M
2024 1 2,380 $266M

Nearby 401(k) Plans in South Dakota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Poet Biorefining 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants

Poet Biorefining 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. 050001000015000 0200400600800 Total assets ($M) Participants Poet Biorefining 401…Black Hills Corporat…Good Samaritan Socie…Daktronics, Inc. 401…Premier 401(k) PlanAmesbury Group, Inc.…
Poet Biorefining 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Poet Biorefining 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Poet Biorefining 401(k) Plan assets move in 2022?
Poet Biorefining 401(k) Plan grew sharply - up 20.0% during 2022, from $143M to $172M. Reported net income was -$19M.
How have Poet Biorefining LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Poet Biorefining LLC's sponsor-wide assets grew 54.6%, from $172M to $266M.
Where does Poet Biorefining 401(k) Plan rank by assets among Form 5500 filers?
Poet Biorefining 401(k) Plan ranks in the 95th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Poet Biorefining 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is The Esab Group, Inc. 401(k) Retirement Savings Plan in MD ($172M, 1,125 participants).

Filing takeaways

Ways to act on Poet Biorefining 401(k) Plan's numbers.