Plan Snapshot
- Plan Sponsor: Cargill, Incorporated
- Sponsor EIN: 410177680
- Sponsor Address: 15407 MCGINTY RD. W., WAYZATA, MN, 55391
- Plan Type: 401(k)
- Total Participants: 11,265
- Total Assets: $574.3M
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. |
|---|---|---|---|---|
| 2024 | 11,265 | $574.3M | $17.7M | $33.2M |
| 2023 | 11,083 | $505.3M | $16.9M | $32.2M |
| 2022 | 10,739 | $424.1M | $16.7M | $31.6M |
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 |
|---|---|---|---|---|
| VANGUARD ADVISERS INC. | Recordkeeper | $230,269 | — | $230,269 |
| NEPC LLP | Recordkeeper | $160,853 | — | $160,853 |
| THE VANGUARD GROUP, INC. | Recordkeeper | $123,895 | — | $123,895 |
| KPMG LLC | Auditor | $111,400 | — | $111,400 |
| FRANCIS, LLC | Investment Advisor | $27,000 | — | $27,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISERS INC. — Recordkeeper
- NEPC LLP — Recordkeeper
- THE VANGUARD GROUP, INC. — Recordkeeper
- KPMG LLC — Auditor
- FRANCIS, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $653,417
- Estimated Expense Ratio: 0.114% 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 |
|---|---|---|---|---|---|
| 2024 | $586,591 | — | — | — | — |
| 2023 | $350,869 | $239,881 | — | $54,500 | — |
| 2022 | $333,211 | — | — | — | — |