2015 Best in Class 401(k) Plans | Winner
Land O’Lakes, Inc.
| Location | St. Paul, Minnesota |
| Asset Size | $1.1 billion |
| Number of Participants | 9,673 |
| Business | Consumer Products/Agriculture |
| Participation Rate | 98% |
| Avg Deferral Rate | 8.30% |
| Number of Funds | 13 |
| Investment Review | Quarterly |
| Fee Review | NR |
| Fee Equalization | NR |
| Auto-Enrollment Rate | 6% |
| Auto-Escalation Rate | 1% |
| Re-Enrollment | No |
| Default Investment | Target-date (active) |
| Ret Income Offering | In-plan |
| Vesting Period | 4 years |
| Match Rate | 100% of first 3%; 50% of next 2%; total match is 4% of salary |
| % Receiving Full Match | >90% |
| True-Up Match | Yes |
| Financial Education | |
| Saving/budgeting | X |
| Investing strategies | X |
| College saving | |
| Credit/debt mgmt | |
| Tax/estate planning | X |
| Retiree health costs/savings options | |
| Provider | Aon Hewitt |
Get the latest news daily