401(k) · DOL Form 5500 · 2024

South Dakota Soybean Processors LLC 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
130
Participants Small participant base
72nd
Percentile by assets National rank
$167,345
Avg per participant Above avg balance/head
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Official DOL plan name: South Dakota Soybean Processors LLC 401(k) Retirement Plan · Sponsored by South Dakota Soybean Processors LLC · South Dakota · Wholesale Trade

$22M in assets, 130 participants

South Dakota Soybean Processors LLC's South Dakota Soybean Processors LLC 401(k) Retirement Plan reported $22M in total assets and 130 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #4,156 in Wholesale Trade (6,080 peers)

Coverage in South Dakota

South Dakota Soybean Processors LLC 401(k) Retirement Plan covers 130 participants in South Dakota, about 38% of the average South Dakota filer (state average ~340 per filing). Assets: $22M.

#4,156
in Wholesale Trade (6,080 peers)
+16.9%
assets growth YoY

South Dakota Soybean Processors LLC 401(k) Retirement Plan's outsized position by total assets

South Dakota Soybean Processors LLC 401(k) Retirement Plan vs every filed plan by assets

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

$21,754,802 Top 28% higher than 72% of 123,620 filed plans

This plan $0 $2,050,000,000 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

South Dakota Soybean Processors LLC 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. South Dakota Soybean Processors LLC 401(k) Retirement Plan sits mid-pack in the medium band (130 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • South Dakota Soybean Processors LLC 401(k) Retirement Plan end-of-year assets rose from $19M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • South Dakota Soybean Processors LLC 401(k) Retirement Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • South Dakota Soybean Processors LLC 401(k) Retirement Plan reported participants rose from 119 in the plan year 2023 filing to 130 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 460462968 · South Dakota Soybean Processors LLC PY 2024 · 401(k)

South Dakota Soybean Processors LLC 401(k) Retirement Plan · $22M · 130 · 72nd

  • BOOK $22M
  • VS-ST 130
  • BOY 72nd
  • SCH 401(k)
  • EBSA near Shalom Baranes Associates 401(k) Plan
  • PART ind #4156

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in South Dakota →

South Dakota Soybean Processors LLC 401(k) Retirement Plan in the asset neighbourhood

Flexe, Inc. 401(k) Plan$22MHaribo of America Retirement Savings PlanHaribo of America Retirement…$22MSouth Dakota Soybean Processors LLC 401(k) Retirement PlanSouth Dakota Soybean Process…$22MShalom Baranes Associates 401(k) PlanShalom Baranes Associates 40…$22MF&m Financial Corporation 401(k) PlanF&m Financial Corporation 40…$22M
End-of-year total assets ($M) among South Dakota Soybean Processors LLC 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

South Dakota filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN460462968
Plan Effective Date1997-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Dakota Soybean Processors LLC)

Sponsor-wide plan assets over time

All South Dakota Soybean Processors LLC plans reported in each filing year

Latest sponsor-wide plan assets
$22M 44.92355254660745% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $15M $21.8M ▲ +44.9%
Year Plans Participants Total Assets
2022 1 121 $15M
2023 1 119 $19M
2024 1 130 $22M

Nearby 401(k) Plans in South Dakota

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

South Dakota Soybean Processors LLC 401(k) Retirement Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants South Dakota Soybean Processors LLC 401(k) Retirement Plan, Total assets ($M): 21.754802 · Participants: 130South Dakota Soybean Processors LLC 401(k) Retirement PlanBlack Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 811.221285 · Participants: 2881Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 278.292791 · Participants: 12199Good Samaritan Society 401(k) PlanPoet 401(k) Plan, Total assets ($M): 265.689062 · Participants: 2380Poet 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 262.560689 · Participants: 2369Daktronics, Inc. 401(k) PlanPremier 401(k) Plan, Total assets ($M): 240.594371 · Participants: 1821Premier 401(k) Plan
South Dakota Soybean Processors LLC 401(k) Retirement Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants
Compare South Dakota Soybean Processors LLC 401(k) Retirement Plan side-by-side with 3 peers →

South Dakota Soybean Processors LLC 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is Shalom Baranes Associates 401(k) Plan in DC ($22M); by covered participants it is Ameristar Home Care Services L 401(k) Profit Sharing Plan & Trust in NY (130 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22M here).

Similar participant headcount

Nearest other-state filings by covered participants (130 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did South Dakota Soybean Processors LLC 401(k) Retirement Plan assets move in 2024? ▼
South Dakota Soybean Processors LLC 401(k) Retirement Plan grew sharply - up 16.9% during 2024, from $19M to $22M. Reported net income was $3M.
How have South Dakota Soybean Processors LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), South Dakota Soybean Processors LLC's sponsor-wide assets grew 44.9%, from $15M to $22M.
Which 401(k) plans are similar in size to South Dakota Soybean Processors LLC 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Shalom Baranes Associates 401(k) Plan in DC ($22M, 69 participants).
Which 401(k) plans cover a similar participant headcount to South Dakota Soybean Processors LLC 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ameristar Home Care Services L 401(k) Profit Sharing Plan & Trust in NY (130 participants, $21K in assets).

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 460462968.

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.