# Standard Process INC. 401(k) Plan
Source: https://planprovider.pro/companies/standard-process-inc-401k-plan

> Standard Process INC.'s 401(k) plan: 653 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Standard Process INC.

- **Sponsor EIN:** 390762936

- **Sponsor Address:** 1200 WEST ROYAL LEE DRIVE, PALMYRA, WI, 53156

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

- **Total Participants:** 653

- **Total Assets:** $131.0M

## 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|653|$131.0M|$6.5M|$4.9M|

| 2023|648|$115.1M|$7.6M|$4.5M|

| 2022|559|$93.1M|$6.3M|$3.4M|

## 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|

| FRANCIS LLC|NONE|$128,735|—|$128,735|

| T ROWE PRICE RPS INC|NONE|$68,918|—|$68,918|

| VRAKAS|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FRANCIS LLC](https://planprovider.pro/provider/francis-llc) — NONE

- [VRAKAS](https://planprovider.pro/provider/vrakas-cpas-advisors) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $197,653

- **Estimated Expense Ratio:** 0.151% 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|$198,050|$128,735|—|—|—|

| 2023|$180,426|$10,264|—|—|—|

| 2022|$171,264|$109,700|—|—|$600|

## Similar Plans

- [Lesaffre International Corporation](https://planprovider.pro/companies/lesaffre-international-corporation-401k-plan) — 631 participants

- [Trilliant Food & Nutrition, LLC](https://planprovider.pro/companies/trilliant-food-nutrition-llc-401k-plan) — 605 participants

- [Chr. Hansen, INC.](https://planprovider.pro/companies/chr-hansen-inc-401k-plan) — 725 participants

- [Salm Partners, LLC](https://planprovider.pro/companies/salm-partners-llc-401k-plan) — 577 participants

- [El Rey Mexican Products, INC.](https://planprovider.pro/companies/el-rey-mexican-products-inc-plan) — 535 participants

- [Penzeys, Ltd](https://planprovider.pro/companies/penzeys-ltd-401k-plan) — 383 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/standard-process-inc-401k-plan)

© 2026 PlanProvider.Pro