Plan Snapshot
- Plan Sponsor: American Crystal Sugar Company
- Sponsor EIN: 840004720
- Sponsor Address: 101 NORTH THIRD STREET, MOORHEAD, MN, 56560
- Plan Type: 401(k)
- Plan Number: 010
- Total Participants: 2,061
- Total Assets: $205.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 2,061 | $205.5M | $0 | $0 |
| 2024 | 1,671 | $185.1M | $4.6M | $8.2M |
| 2023 | 1,596 | $183.6M | $4.3M | $7.9M |
| 2022 | 1,665 | $172.5M | $4.0M | $7.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $127,883 | — | $127,883 |
| MERCER | Other Service Provider | $22,500 | — | $22,500 |
| CLIFTON LARSON ALLEN LLP | Other Service Provider | $16,538 | — | $16,538 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $166,921
- Estimated Expense Ratio: 0.081% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $17,384,679 | — | $127,883 | — | — |
| 2024 | $141,931 | — | $117,706 | — | — |
| 2023 | $121,574 | — | $121,574 | — | — |
| 2022 | $148,844 | — | $148,844 | — | — |