Other · DOL Form 5500 · 2024

K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust

Data updated 2026-05-15

$1M
Total assets
18
Participants
26th
Percentile by assets
$77,500
Avg per participant

Sponsored by K. & B. Foods, Inc. · North Dakota · Manufacturing

What the 2024 filing shows

K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust holds $1M for 18 participants - about $77,500 per participant, in the lower half of filed plans by assets.

$1M
total plan assets (2024 EOY)
18
covered participants
26th
percentile by assets (of 116,472 plans)
$77,500
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Manufacturing

Other · DOL Form 5500 · 2024

What the Filing Says About K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust

K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust is an Other retirement plan sponsored by K. & B. Foods, Inc., headquartered in North Dakota. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 18 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 450429533, and the plan has been effective since 2024-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from N/A at the beginning of 2024 to $1M at year-end. Net assets (after liabilities) closed the year at -$4M, with reported net income of -$4M 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.

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.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)N/A
Total Assets (End of Year)$1M
Net Assets (End of Year)-$4M
Net Income-$4M
Plan TypeOther
Employer EIN450429533
Plan Effective Date2024-07-01
Filing StatusFILING RECEIVED

Nearby Other Plans in North Dakota

Peer Other plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust?
As of the 2024 Form 5500 filing, K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust holds $1M in total assets with 18 participants. It is sponsored by K. & B. Foods, Inc..
What type of plan is K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust?
K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust is an Other plan. It has been effective since 2024-07-01. The plan is filed with the U.S. Department of Labor under EIN 450429533.
Who sponsors the K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust?
K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust is sponsored by K. & B. Foods, Inc., located in North Dakota. The sponsor's EIN is 450429533 and the plan operates in the Manufacturing industry.
How did K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust perform in 2024?
K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust held $1M in total assets at the end of 2024. Net income was -$4M.

What this filing means

Ways to act on K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust's numbers.

  • By total assets, K. & B. Foods, Inc. Employee Stock Ownership Plan and Trust ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Other plans in North Dakota. Compare plans
  • An Other plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 450429533.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.