401(k) · DOL Form 5500 · 2023

Land O' Lakes, Inc. 401(k) Plan

Data updated 2026-08-11

$2.0B
Total assets
7,505
Participants
99th
Percentile by assets
$261,549
Avg per participant
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Official DOL plan name: Land O Lakes Employee Savings & Supplemental Retirement Plan · Sponsored by Land O' Lakes, Inc. · Minnesota · Manufacturing

$2.0B in assets, 7,505 participants

Land O' Lakes, Inc.'s Land O Lakes Employee Savings & Supplemental Retirement Plan reported $2.0B in total assets and 7,505 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 127,072 plans)
  • #18,473 in Manufacturing (18,722 peers)

Coverage in Minnesota

Land O Lakes Employee Savings & Supplemental Retirement Plan covers 7,505 participants in Minnesota, 6.7x the typical Minnesota plan (state average ~1,126 per filing). Assets: $2.0B.

$2.0B
total plan assets (2023 EOY)
7,505
covered participants
99th
percentile by assets (of 127,072 plans)
$261,549
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Land O Lakes Employee Savings & Supplemental Retirement Plan reported net income rose from -$351M in the plan year 2022 filing to $229M in the plan year 2023 filing.
  • Land O Lakes Employee Savings & Supplemental Retirement Plan end-of-year assets rose from $1.7B in the plan year 2022 filing to $2.0B in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Land O Lakes Employee Savings & Supplemental Retirement Plan reports 7,505 participants - 6.7x that state average ($2.0B EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$1.7B
Net Assets (End of Year)$2.0B
Net Income$229M
Employer EIN410365145
Plan Effective Date1975-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Land O' Lakes, Inc.)

$2.6B$2.7B$2.8B$2.9B$3B 202220232024 $2.65B $2.93B ▲ +10.6%
Total plan assets by year, all Land O' Lakes, Inc. plans on file
Year Plans Participants Total Assets
2022 4 9,545 $2.6B
2023 4 9,415 $2.9B
2024 4 9,052 $2.9B

Nearby 401(k) Plans in Minnesota

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

Land O Lakes Employee Savings & Supplemental Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Land O Lakes Employee Savings & Supplemental Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 0510152025 Total assets ($B) Participants Land O Lakes Employe…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Land O Lakes Employee Savings & Supplemental Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Land O Lakes Employee Savings & Supplemental Retirement Plan

Land O Lakes Employee Savings & Supplemental Retirement Plan reports $2.0B in end-of-year assets across 7,505 participants (0.016% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $261,549 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2023 was $229M.

This plan identity (EIN 410365145, plan #017) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.7B to $2.0B (+17.8%) while covered participants moved from 7,507 to 7,341 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,507 $1.7B Open filing
2023 7,505 $2.0B This page
2024 · index core 7,341 $2.0B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Land O Lakes Employee Savings & Supplemental Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Land O Lakes Employee Savings & Supplemental Retirement Plan assets move in 2023?
Land O Lakes Employee Savings & Supplemental Retirement Plan grew at a solid clip - up 13.3% during 2023, from $1.7B to $2.0B. Reported net income was $229M.
How have Land O' Lakes, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Land O' Lakes, Inc.'s sponsor-wide assets grew 10.7%, from $2.6B to $2.9B.
Where does Land O Lakes Employee Savings & Supplemental Retirement Plan rank by assets among Form 5500 filers?
Land O Lakes Employee Savings & Supplemental Retirement Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Land O Lakes Employee Savings & Supplemental Retirement Plan?
Among 401(k) plans in other states, the closest by assets is The University of Vermont Medical Center 403(b) Plan in VT ($2.0B, 11,162 participants).

Next read for Land O Lakes Employee Savings & Suppleme…

Filing takeaways

Ways to act on Land O Lakes Employee Savings & Supplemental Retirement Plan's numbers.

  • By total assets, Land O Lakes Employee Savings & Supplemental Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • Land O' Lakes, Inc.'s sponsor-wide assets have grown 10.7% since 2022 across 3 plan years on file. More Manufacturing plans