Defined Benefit (Pension) · DOL Form 5500 · 2022

Faribault Foods Inc Pension Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
62
Participants Small participant base
71st
Percentile by assets National rank
$216,870
Avg per participant Above avg balance/head
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Official DOL plan name: Faribault Foods, Inc Pension Plan · Sponsored by Faribault Foods Inc · Minnesota · Manufacturing

$13M in assets, 62 participants

Faribault Foods Inc's Faribault Foods, Inc Pension Plan reported $13M in total assets and 62 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • #12,273 in Manufacturing (20,602 peers)

2022 asset change

Faribault Foods, Inc Pension Plan declined sharply 15.5% in 2022 ($16M → $13M) for 62 participants.

#12,273
in Manufacturing (20,602 peers)
-15.5%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Faribault Foods, Inc Pension Plan's outsized position by total assets

Faribault Foods, Inc Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$13,445,929 Top 29% higher than 71% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Faribault Foods, Inc Pension Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Faribault Foods, Inc Pension Plan is a small filing (62 participants) on this national headcount ladder.

DOL schedule card

Filing strip 410246215 · Faribault Foods Inc PY 2022 · Defined Benefit (Pension)

Faribault Foods, Inc Pension Plan · $13M · 62 · 71st

  • BOY $13M
  • SCH 62
  • EBSA 71st
  • PART Defined Benefit (Pension)
  • TYPE near Mott Macdonald Defined Benefit Pension Plan
  • NET ind #12273

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Minnesota →

Faribault Foods, Inc Pension Plan in the asset neighbourhood

Vernay Laboratories Retirement Income PlanVernay Laboratories Retireme…$13MFaribault Foods, Inc Pension PlanFaribault Foods, Inc Pension…$13MMott Macdonald Defined Benefit Pension PlanMott Macdonald Defined Benef…$13MCarr Allison Cash Balance PlanCarr Allison Cash Balance Pl…$13MLlflex Pension Plan for Hourly Employees of Louisville Laminating PlantLlflex Pension Plan for Hour…$13M
End-of-year total assets ($M) among Faribault Foods, Inc Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Faribault Foods Inc years around the 2022 move

Sponsor-wide plan assets over time

All Faribault Foods Inc plans reported in each filing year

Latest sponsor-wide plan assets
$15M 8.385474889834684% vs 2022
2024 filing year
$13M$13.5M$14M$14.5M$15M 202220232024 $13.5M $14.6M ▲ +8.3%
Year Plans Participants Total Assets
2022 1 62 $13M
2023 1 53 $14M
2024 1 46 $15M

2022 asset-move particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$13M
Net Income-$2M
Employer EIN410246215
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Faribault Foods, Inc Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Faribault Foods, Inc Pension Plan, Total assets ($B): 0.013445929 · Participants: 62Faribault Foods, Inc Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 14.047885796 · Participants: 121603M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 10.299849315 · Participants: 66434Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 3.940696075 · Participants: 25144The Travelers Pension PlanU.S. Bank Pension Plan, Total assets ($B): 3.73901396 · Participants: 55836U.S. Bank Pension PlanTarget Corporation Pension Plan, Total assets ($B): 3.348662968 · Participants: 50515Target Corporation Pension Plan
Faribault Foods, Inc Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Faribault Foods, Inc Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Mott Macdonald Defined Benefit Pension Plan in NJ ($13M); by covered participants it is The Options Clearing Corporation Retirement Plan in IL (62 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (62 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Faribault Foods, Inc Pension Plan assets move in 2022?
Faribault Foods, Inc Pension Plan declined sharply - down 15.5% during 2022, from $16M to $13M. Reported net income was -$2M.
How have Faribault Foods Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Faribault Foods Inc's sponsor-wide assets grew 8.4%, from $13M to $15M.
Which Defined Benefit (Pension) plans are similar in size to Faribault Foods, Inc Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Mott Macdonald Defined Benefit Pension Plan in NJ ($13M, 49 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Faribault Foods, Inc Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Options Clearing Corporation Retirement Plan in IL (62 participants, $116M in assets).