Defined Benefit (Pension) · DOL Form 5500 · 2024

Faribault Foods, Inc. Pension Plan

Data updated 2026-08-11

$15M
Total assets
46
Participants
64th
Percentile by assets
$316,814
Avg per participant
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Official DOL plan name: Faribault Foods, Inc. Pension Plan · Sponsored by Faribault Foods, Inc. · Minnesota · Manufacturing

$15M in assets, 46 participants

Faribault Foods, Inc.'s Faribault Foods, Inc. Pension Plan reported $15M in total assets and 46 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • 64th percentile by assets (of 123,622 plans)
  • #9,180 in Manufacturing (17,777 peers)

What the 2024 filing shows

Faribault Foods, Inc. Pension Plan holds $15M for 46 participants - about $316,814 per participant, above the median plan by assets.

$15M
total plan assets (2024 EOY)
46
covered participants
64th
percentile by assets (of 123,622 plans)
$316,814
avg assets per participant

Where Faribault Foods, Inc. Pension Plan sits by total assets

Faribault Foods, Inc. Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$14,573,434 Top 36% higher than 64% of 123,620 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Faribault Foods, Inc. Pension Plan reported net income fell from $747K in the plan year 2023 filing to $381K in the plan year 2024 filing.
  • Faribault Foods, Inc. Pension Plan reported participants fell from 53 in the plan year 2023 filing to 46 in the plan year 2024 filing.
  • Faribault Foods, Inc. Pension Plan end-of-year assets rose from $14M in the plan year 2023 filing to $15M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Minnesota
Industry
Manufacturing

Defined Benefit (Pension) filing for Faribault Foods, Inc. Pension Plan

Defined Benefit (Pension) filing for plan year 2024: EIN 410246215 ; effective since 1976-01-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2024)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$15M
Net Income$381K
Employer EIN410246215
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Faribault Foods, Inc.)

$13M$13.5M$14M$14.5M$15M 202220232024 $13.5M $14.6M ▲ +8.3%
Total plan assets by year, all Faribault Foods, Inc. plans on file
Year Plans Participants Total Assets
2022 1 62 $13M
2023 1 53 $14M
2024 1 46 $15M

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Faribault Foods, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Faribault Foods, Inc…, Total assets ($B): 0.014573434 · Participants: 46Faribault Foods, Inc…Mayo Pension Plan, Total assets ($B): 11.816211651 · Participants: 71743Mayo Pension Plan3M Employee Retireme…, Total assets ($B): 8.87866493 · Participants: 91323M Employee Retireme…Wells Fargo & Compan…, Total assets ($B): 8.278776602 · Participants: 46875Wells Fargo & Compan…U.S. Bank Pension Plan, Total assets ($B): 4.38225088 · Participants: 62822U.S. Bank Pension PlanThe Travelers Pensio…, Total assets ($B): 4.23694343 · Participants: 27237The Travelers Pensio…
Faribault Foods, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Faribault Foods, Inc. Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Faribault Foods, Inc. Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Faribault Foods, Inc. Pension Plan assets move in 2024? ▼
Faribault Foods, Inc. Pension Plan edged up modestly - up 2.7% during 2024, from $14M to $15M. Reported net income was $381K.
How have Faribault Foods, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Faribault Foods, Inc.'s sponsor-wide assets grew 8.4%, from $13M to $15M.
Which Defined Benefit (Pension) plans are similar in size to Faribault Foods, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Shure Incorporated Employees' Retirement Plan in IL ($15M, 136 participants).

Next read for Faribault Foods, Inc. Pension Plan

Filing takeaways

Ways to act on Faribault Foods, Inc. Pension Plan's numbers.

  • By total assets, Faribault Foods, Inc. Pension Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
  • Faribault Foods, Inc.'s sponsor-wide assets have grown 8.4% since 2022 across 3 plan years on file. More Manufacturing plans

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 410246215.

Read our methodology - how this data is sourced, computed, and verified.

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