Defined Benefit (Pension) · DOL Form 5500 · 2023

Land O'lakes, Inc Pension Plan

Data updated 2026-08-11

$916M
Total assets
1,341
Participants
98th
Percentile by assets
$683,265
Avg per participant
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Official DOL plan name: Land O'lakes, Inc. Employee Retirement Plan · Sponsored by Land O'lakes, Inc · Minnesota · Manufacturing

$916M in assets, 1,341 participants

Land O'lakes, Inc's Land O'lakes, Inc. Employee Retirement Plan reported $916M in total assets and 1,341 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #18,226 in Manufacturing (18,722 peers)

Where Land O'lakes, Inc. Employee Retirement Plan sits by assets

Land O'lakes, Inc. Employee Retirement Plan sits in the top 5% of all filed plans by assets, $916M for 1,341 participants (~$683,265/participant), up 2.2% in 2023.

$916M
total plan assets (2023 EOY)
1,341
covered participants
98th
percentile by assets (of 127,072 plans)
$683,265
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Land O'lakes, Inc. Employee Retirement Plan reported net income rose from -$311M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Land O'lakes, Inc. Employee Retirement Plan reported participants fell from 1,501 in the plan year 2022 filing to 1,341 in the plan year 2023 filing.
  • Land O'lakes, Inc. Employee Retirement Plan end-of-year assets rose from $896M in the plan year 2022 filing to $916M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Minnesota
Industry
Manufacturing

Land O'lakes, Inc. Employee Retirement Plan vs the 2023 asset distribution

By assets, Land O'lakes, Inc. Employee Retirement Plan outranks 98% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 9.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$896M
Net Assets (End of Year)$916M
Net Income$20M
Employer EIN410365145
Plan Effective Date1973-01-01
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 Defined Benefit (Pension) Plans in Minnesota

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

Land O'lakes, Inc. Employee Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Land O'lakes, Inc. Employee Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Land O'lakes, Inc. E…3M Employee Retireme…Mayo Pension PlanThe Travelers Pensio…General Mills Pensio…U.S. Bank Pension Plan
Land O'lakes, Inc. Employee Retirement Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Land O'lakes, Inc. Employee Retirement P… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Land O'lakes, Inc. Employee Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Land O'lakes, Inc. Employee Retirement Plan assets move in 2023? ▼
Land O'lakes, Inc. Employee Retirement Plan edged up modestly - up 2.2% during 2023, from $896M to $916M. Reported net income was $20M.
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, Inc. Employee Retirement Plan rank by assets among Form 5500 filers? ▼
Land O'lakes, Inc. Employee Retirement Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Land O'lakes, Inc. Employee Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Meba Pension Trust-Defined Benefit Plan in MD ($916M, 2,367 participants).

Next read for Land O'lakes, Inc. Employee Retirement P…

Scale reading

Ways to act on Land O'lakes, Inc. Employee Retirement Plan's numbers.

  • By total assets, Land O'lakes, Inc. Employee Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) 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

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410365145.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.