# Jennie-O Turkey Store, INC. 401(k) Plan
Source: https://planprovider.pro/companies/jennie-o-turkey-store-inc-401k-plan

> Jennie-O Turkey Store, INC.'s 401(k) plan: 4,996 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Jennie-O Turkey Store, INC.

- **Sponsor EIN:** 410734466

- **Sponsor Address:** 2505 WILLMAR AVENUE SW, WILLMAR, MN, 56201

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

- **Total Participants:** 4,996

- **Total Assets:** $274.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|4,996|$274.5M|$2.2M|$11.5M|

| 2023|5,099|$268.9M|$2.0M|$11.1M|

| 2022|5,176|$249.5M|$2.1M|$2.2M|

## 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 & YOUNG, LLP|Auditor|$33,700|—|$33,700|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $33,700

- **Estimated Expense Ratio:** 0.012% 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|$249,935|$41,389|—|$33,700|—|

| 2023|$356,573|$57,960|—|$55,800|—|

| 2022|$577|$561|—|—|—|

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