401(k) · DOL Form 5500 · 2024

Jennie-O Turkey Store, Inc. 401(k) Plan

Data updated 2026-08-11

$274M
Total assets
5,099
Participants
95th
Percentile by assets
$53,828
Avg per participant
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Official DOL plan name: Jennie-O Turkey Store Retirement Savings Plan · Sponsored by Jennie-O Turkey Store, Inc. · Minnesota · Manufacturing

$274M in assets, 5,099 participants

Jennie-O Turkey Store, Inc.'s Jennie-O Turkey Store Retirement Savings Plan reported $274M in total assets and 5,099 participants in its 2024 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 123,622 plans)
  • #16,524 in Manufacturing (17,777 peers)

Coverage in Minnesota

Jennie-O Turkey Store Retirement Savings Plan covers 5,099 participants in Minnesota, 4.5x the typical Minnesota plan (state average ~1,126 per filing). Assets: $274M.

$274M
total plan assets (2024 EOY)
5,099
covered participants
95th
percentile by assets (of 123,622 plans)
$53,828
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Jennie-O Turkey Store Retirement Savings Plan reported net income fell from $19M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Jennie-O Turkey Store Retirement Savings Plan end-of-year assets rose from $269M in the plan year 2023 filing to $274M in the plan year 2024 filing.
  • Jennie-O Turkey Store Retirement Savings Plan reported participants fell from 5,176 in the plan year 2023 filing to 5,099 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Jennie-O Turkey Store Retirement Savings Plan reports 5,099 participants - 4.5x that state average ($274M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$269M
Net Assets (End of Year)$274M
Net Income$6M
Employer EIN410734466
Plan Effective Date2003-10-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Jennie-O Turkey Store, Inc.)

$240M$250M$260M$270M$280M 202220232024 $250M $274M ▲ +10.0%
Total plan assets by year, all Jennie-O Turkey Store, Inc. plans on file
Year Plans Participants Total Assets
2022 1 5,155 $249M
2023 1 5,176 $269M
2024 1 5,099 $274M

Nearby 401(k) Plans in Minnesota

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

Jennie-O Turkey Store Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Jennie-O Turkey Store Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Jennie-O Turkey Stor…Wells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
Jennie-O Turkey Store Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Scale composition for Jennie-O Turkey Store Retirement Savings Plan

Jennie-O Turkey Store Retirement Savings Plan reports $274M in end-of-year assets across 5,099 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $53,828 per participant (39% of the national average assets-per-participant) . Net income for plan year 2024 was $6M.

This plan identity (EIN 410734466, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $249M to $274M (+10.0%) while covered participants moved from 5,155 to 5,099 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,155 $249M Open filing
2023 5,176 $269M Open filing
2024 · index core 5,099 $274M This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Jennie-O Turkey Store Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Jennie-O Turkey Store Retirement Savings Plan assets move in 2024?
Jennie-O Turkey Store Retirement Savings Plan edged up modestly - up 2.1% during 2024, from $269M to $274M. Reported net income was $6M.
How have Jennie-O Turkey Store, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Jennie-O Turkey Store, Inc.'s sponsor-wide assets grew 10.0%, from $249M to $274M.
Where does Jennie-O Turkey Store Retirement Savings Plan rank by assets among Form 5500 filers?
Jennie-O Turkey Store Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Jennie-O Turkey Store Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Utz Quality Foods, LLC Profit Sharing/401(k) Plan in PA ($274M, 3,605 participants).

Next read for Jennie-O Turkey Store Retirement Savings…

Filing takeaways

Ways to act on Jennie-O Turkey Store Retirement Savings Plan's numbers.

  • By total assets, Jennie-O Turkey Store Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
  • Jennie-O Turkey Store, Inc.'s sponsor-wide assets have grown 10.0% since 2022 across 3 plan years on file. More Manufacturing plans