Defined Benefit (Pension) · DOL Form 5500 · 2024
Land O'lakes, Inc Pension Plan
Data updated 2026-08-11
- $861M
- Total assets
- 1,182
- Participants
- 98th
- Percentile by assets
- $728,083
- Avg per participant
Official DOL plan name: Land O'lakes, Inc. Employee Retirement Plan · Sponsored by Land O'lakes, Inc · Minnesota · Manufacturing
$861M in assets, 1,182 participants
Land O'lakes, Inc's Land O'lakes, Inc. Employee Retirement Plan reported $861M in total assets and 1,182 participants in its 2024 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 123,622 plans)
- #17,250 in Manufacturing (17,777 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, $861M for 1,182 participants (~$728,083/participant), down 6.1% in 2024.
- $861M
- total plan assets (2024 EOY)
- 1,182
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $728,083
- avg assets per participant
The plan reported a net loss of $56M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Land O'lakes, Inc. Employee Retirement Plan reported net income fell from $20M in the plan year 2023 filing to -$56M in the plan year 2024 filing.
- Land O'lakes, Inc. Employee Retirement Plan reported participants fell from 1,341 in the plan year 2023 filing to 1,182 in the plan year 2024 filing.
- Land O'lakes, Inc. Employee Retirement Plan end-of-year assets fell from $916M in the plan year 2023 filing to $861M in the plan year 2024 filing.
Land O'lakes, Inc. Employee Retirement Plan vs the 2024 asset distribution
By assets, Land O'lakes, Inc. Employee Retirement Plan outranks 98% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 8.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $916M |
|---|---|
| Net Assets (End of Year) | $860M |
| Net Income | -$56M |
| Employer EIN | 410365145 |
| Plan Effective Date | 1973-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Land O'lakes, Inc)
| 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
- Mayo Pension Plan $11.8B · 71,743
- 3M Employee Retirement Income Plan $8.9B · 9,132
- Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
- U.S. Bank Pension Plan $4.4B · 62,822
- The Travelers Pension Plan $4.2B · 27,237
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.
- National Fuel Gas Company Retirement Plan (NY) $861M · 225
- U.a. Local 467 Defined Benefit Plan (CA) $859M · 899
- Gannett Retirement Plan (NY) $864M · 1,128
- Modern Woodmen of America Employees' Retirement Plan (IL) $865M · 1,030
Frequently Asked Questions
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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