# Farmers Union Industries, LLC 401(k) Plan
Source: https://planprovider.pro/companies/farmers-union-industries-llc-401k-plan

> Farmers Union Industries, LLC's 401(k) plan: 502 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Farmers Union Industries, LLC

- **Sponsor EIN:** 203001031

- **Sponsor Address:** P. O. BOX 319, REDWOOD FALLS, MN, 562830319

- **Plan Type:** 401(k)

- **Total Participants:** 502

- **Total Assets:** $28.7M

## 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|502|$28.7M|$1.5M|$1.6M|

| 2023|479|$26.4M|$1.5M|$1.6M|

| 2022|457|$22.6M|$1.3M|$1.4M|

## 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|

| CARLSON SV, LLP|Auditor|—|—|$0|

## 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|$62,735|—|—|—|—|

| 2023|$59,151|—|—|—|—|

| 2022|$60,849|—|—|—|$57,020|

## Similar Plans

- [Rosen'S Diversified, INC.](https://planprovider.pro/companies/rosen-s-diversified-inc-401k-plan-003) — 479 participants

- [Tony Downs Foods Company](https://planprovider.pro/companies/tony-downs-foods-company-401k-plan) — 571 participants

- [Branding Iron Holdings](https://planprovider.pro/companies/branding-iron-holdings-401k-plan) — 635 participants

- [Farmers Union Industries, LLC](https://planprovider.pro/companies/farmers-union-industries-llc-plan) — 43 participants

- [Hylife Foods Windom, LLC](https://planprovider.pro/companies/hylife-foods-windom-llc-401k-plan) — 0 participants

- [Hormel Foods Corporation](https://planprovider.pro/companies/hormel-foods-corporation-401k-plan-051) — 3,221 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/farmers-union-industries-llc-401k-plan)

© 2026 PlanProvider.Pro