Plan Snapshot
- Plan Sponsor: Archer Daniels Midland Company
- Sponsor EIN: 410129150
- Sponsor Address: 4666 E. FARIES PARKWAY, DECATUR, IL, 62526
- Plan Type: 401(k)
- Total Participants: 10,315
- Total Assets: $701.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 10,315 | $701.5M | $26.9M | $49.5M |
| 2023 | 9,931 | $677.9M | $24.7M | $45.5M |
| 2022 | 10,114 | $651.2M | $22.9M | $43.8M |
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 |
|---|---|---|---|---|
| ERNST AND YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST AND YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 |
|---|---|---|---|---|---|
| 2024 | $675,770 | — | $4,800 | — | — |
| 2023 | $674,565 | — | $4,200 | — | — |
| 2022 | $727,011 | — | — | — | — |