401(k) · DOL Form 5500 · 2024

Poet Biorefining LLC 401(k) Plan

Data updated 2026-08-11

$266M
Total assets
2,380
Participants
95th
Percentile by assets
$111,634
Avg per participant
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Official DOL plan name: Poet 401(k) Plan · Sponsored by Poet Biorefining LLC · South Dakota · Manufacturing

$266M in assets, 2,380 participants

Poet Biorefining LLC's Poet 401(k) Plan reported $266M in total assets and 2,380 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)
  • #16,494 in Manufacturing (17,777 peers)

Coverage in South Dakota

Poet 401(k) Plan covers 2,380 participants in South Dakota, 7.0x the typical South Dakota plan (state average ~340 per filing). Assets: $266M.

$266M
total plan assets (2024 EOY)
2,380
covered participants
95th
percentile by assets (of 123,622 plans)
$111,634
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Poet 401(k) Plan end-of-year assets rose from $219M in the plan year 2023 filing to $266M in the plan year 2024 filing.
  • Poet 401(k) Plan reported participants rose from 2,254 in the plan year 2023 filing to 2,380 in the plan year 2024 filing.
  • Poet 401(k) Plan reported net income fell from $47M in the plan year 2023 filing to $47M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs South Dakota filers

In South Dakota, the average filing covers about 340 participants across 321 plans. Poet 401(k) Plan reports 2,380 participants - 7.0x that state average ($266M EOY assets).

South Dakota filing particulars

Total Assets (Beginning of Year)$219M
Net Assets (End of Year)$266M
Net Income$47M
Employer EIN474454378
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Poet Biorefining LLC)

$150M$200M$250M$300M 202220232024 $172M $266M ▲ +54.6%
Total plan assets by year, all Poet Biorefining LLC plans on file
Year Plans Participants Total Assets
2022 1 2,022 $172M
2023 1 2,254 $219M
2024 1 2,380 $266M

Nearby 401(k) Plans in South Dakota

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

Poet 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants

Poet 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. 050001000015000 02004006008001000 Total assets ($M) Participants Poet 401(k) PlanBlack Hills Corporat…Good Samaritan Socie…Daktronics, Inc. 401…Premier 401(k) PlanPathward, National A…
Poet 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Poet 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Poet 401(k) Plan assets move in 2024?
Poet 401(k) Plan grew sharply - up 21.3% during 2024, from $219M to $266M. Reported net income was $47M.
How have Poet Biorefining LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Poet Biorefining LLC's sponsor-wide assets grew 54.6%, from $172M to $266M.
Where does Poet 401(k) Plan rank by assets among Form 5500 filers?
Poet 401(k) 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 Poet 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mns, Ltd. Profit-Sharing Plan in HI ($266M, 1,856 participants).

Filing takeaways

Ways to act on Poet 401(k) Plan's numbers.