Defined Benefit (Pension) · DOL Form 5500 · 2023

Faribault Foods Inc Pension Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
53
Participants Small participant base
66th
Percentile by assets National rank
$267,790
Avg per participant High balance/head
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Official DOL plan name: Faribault Foods, Inc Pension Plan · Sponsored by Faribault Foods Inc · Minnesota · Manufacturing

$14M in assets, 53 participants

Faribault Foods Inc's Faribault Foods, Inc Pension Plan reported $14M in total assets and 53 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #10,150 in Manufacturing (18,722 peers)

What the 2023 filing shows

Faribault Foods, Inc Pension Plan holds $14M for 53 participants - about $267,790 per participant, above the median plan by assets.

#10,150
in Manufacturing (18,722 peers)
+5.6%
assets growth YoY

Faribault Foods, Inc Pension Plan's mid-pack asset rank among Manufacturing and all filers

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

End-of-year total assets · plan year 2023 · DOL Form 5500

$14,192,850 Top 34% higher than 66% of 127,068 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 2023

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

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Faribault Foods, Inc Pension Plan is a small filing (53 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Faribault Foods, Inc Pension Plan reported net income rose from -$2M in the plan year 2022 filing to $747K in the plan year 2023 filing.
  • Faribault Foods, Inc Pension Plan reported participants fell from 62 in the plan year 2022 filing to 53 in the plan year 2023 filing.
  • Faribault Foods, Inc Pension Plan end-of-year assets rose from $13M in the plan year 2022 filing to $14M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 410246215 · Faribault Foods Inc PY 2023 · Defined Benefit (Pension)

Faribault Foods, Inc Pension Plan · $14M · 53 · 66th

  • ASSETS $14M
  • PCT 53
  • EIN 66th
  • RANK Defined Benefit (Pension)
  • PHOTO near Silgan White Cap Basic Non-Contributory Hourly Pension Plan
  • IND ind #10150

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

Silgan White Cap Basic Non-Contributory Hourly Pension PlanSilgan White Cap Basic Non-C…$14MRestated Texas Pacific Land Corporation Revised Employees' Pension PlanRestated Texas Pacific Land …$14MSears Manufacturing Company Defined Benefit Retirement PlanSears Manufacturing Company …$14MThe Risk Management Association Pension PlanThe Risk Management Associat…$14MFaribault Foods, Inc Pension PlanFaribault Foods, Inc Pension…$14M
End-of-year total assets ($M) among Faribault Foods, Inc Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$14M
Net Income$747K
Employer EIN410246215
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Faribault Foods Inc)

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

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): 0.01419285 · Participants: 53Faribault Foods, Inc Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
Faribault Foods, Inc Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Faribault Foods, Inc Pension Plan side-by-side with 3 peers →

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 Silgan White Cap Basic Non-Contributory Hourly Pension Plan in CA ($14M); by covered participants it is IBEW Local 1799 Pension Fund in NY (53 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. 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 2023? ▼
Faribault Foods, Inc Pension Plan grew at a solid clip - up 5.6% during 2023, from $13M to $14M. Reported net income was $747K.
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 Silgan White Cap Basic Non-Contributory Hourly Pension Plan in CA ($14M, 108 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 IBEW Local 1799 Pension Fund in NY (53 participants, $3M in assets).

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 410246215.

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.