401(k)
2024 plan-year 401(k) DOL Form 5500

CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

TWO FARMS INC.

This 401(k) plan holds $10M in total assets and serves 227 participants as of 2024. It is sponsored by TWO FARMS INC. in Maryland. The plan reported positive net income of $748K for the year.

Total Assets (2023)
$10M
Participants
227
State
Industry
Retail Trade

What the Filing Says About CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES

CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES is a 401(k) retirement plan sponsored by TWO FARMS INC., headquartered in Maryland. As of the 2024 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 227 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 520275060, and the plan has been effective since 1990-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2024 to $10M at year-end — a gain of 6.3%. Net assets (after liabilities) closed the year at $10M, with reported net income of $748K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$10M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$748K
Plan Type401(k)
Employer EIN520275060
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (TWO FARMS INC.)

Year Plans Participants Total Assets
2022 3 8,705 $51M
2023 2 5,515 $37M
2024 2 5,920 $43M

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Frequently Asked Questions

How much money is in the CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES?
As of the 2024 Form 5500 filing, CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES holds $10M in total assets with 227 participants. It is sponsored by TWO FARMS INC..
What type of plan is CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES?
CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES is a 401(k) plan. It has been effective since 1990-01-01. The plan is filed with the U.S. Department of Labor under EIN 520275060.
Who sponsors the CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES?
CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES is sponsored by TWO FARMS INC., located in Maryland. The sponsor's EIN is 520275060 and the plan operates in the Retail Trade industry.
How did CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES perform in 2024?
CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES grew by 6.3% during 2024, moving from $10M to $10M in total assets. Net income was $748K.
Where can I find official filings for CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES?
Official Form 5500 filings for CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 520275060 or plan name at efast.dol.gov.
How does CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES compare to other plans?
You can compare CLOVERLAND FARMS DAIRY 401(K) RETIREMENT PLAN FOR UNION EMPLOYEES against other 401(k) plans on the plan type page, or view plans in Maryland on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 520275060.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.