Other · DOL Form 5500 · 2024

Magic Valley Growers, Ltd. Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$95M
Total assets
241
Participants
83th
Percentile by assets

Sponsored by Magic Valley Growers, Ltd. · Idaho · Agriculture, Forestry & Fishing

What the 2024 filing shows

Magic Valley Growers, Ltd. Employee Stock Ownership Plan holds $95M for 241 participants - about $395,012 per participant, in the top quartile of all filed plans by assets, up 1.1% over the 2024 plan year.

$95M
total plan assets (2024 EOY)
241
covered participants
83th
percentile by assets (of 67,083 plans)
$395,012
avg assets per participant
Total Assets (2023)
$95M
Participants
241
State
Industry
Agriculture, Forestry & Fishing

What the Filing Says About Magic Valley Growers, Ltd. Employee Stock Ownership Plan

Magic Valley Growers, Ltd. Employee Stock Ownership Plan is a Other retirement plan sponsored by Magic Valley Growers, Ltd., headquartered in Idaho. As of the 2024 Form 5500 filing, the plan reports $95M in total end-of-year assets and covers 241 participants across the Agriculture, Forestry & Fishing industry. The sponsor's EIN on file with the U.S. Department of Labor is 820382806, and the plan has been effective since 2005-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $94M at the beginning of 2024 to $95M at year-end - a gain of 1.1%. Net assets (after liabilities) closed the year at $92M, with reported net income of $899K 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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.

Financial Summary (2023)

Total Assets (Beginning of Year)$94M
Total Assets (End of Year)$95M
Net Assets (End of Year)$92M
Net Income$899K
Plan TypeOther
Employer EIN820382806
Plan Effective Date2005-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Magic Valley Growers, Ltd.)

Year Plans Participants Total Assets
2022 1 238 $70M
2023 1 266 $94M
2024 1 241 $95M

Nearby Other Plans in Idaho

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

Frequently Asked Questions

How much money is in the Magic Valley Growers, Ltd. Employee Stock Ownership Plan?
As of the 2024 Form 5500 filing, Magic Valley Growers, Ltd. Employee Stock Ownership Plan holds $95M in total assets with 241 participants. It is sponsored by Magic Valley Growers, Ltd..
What type of plan is Magic Valley Growers, Ltd. Employee Stock Ownership Plan?
Magic Valley Growers, Ltd. Employee Stock Ownership Plan is a Other plan. It has been effective since 2005-04-01. The plan is filed with the U.S. Department of Labor under EIN 820382806.
Who sponsors the Magic Valley Growers, Ltd. Employee Stock Ownership Plan?
Magic Valley Growers, Ltd. Employee Stock Ownership Plan is sponsored by Magic Valley Growers, Ltd., located in Idaho. The sponsor's EIN is 820382806 and the plan operates in the Agriculture, Forestry & Fishing industry.
How did Magic Valley Growers, Ltd. Employee Stock Ownership Plan perform in 2024?
Magic Valley Growers, Ltd. Employee Stock Ownership Plan grew by 1.1% during 2024, moving from $94M to $95M in total assets. Net income was $899K.
Where can I find official filings for Magic Valley Growers, Ltd. Employee Stock Ownership Plan?
Official Form 5500 filings for Magic Valley Growers, Ltd. Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 820382806 or plan name at efast.dol.gov.
How does Magic Valley Growers, Ltd. Employee Stock Ownership Plan compare to other plans?
You can compare Magic Valley Growers, Ltd. Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in Idaho on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 820382806.

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.