Land O'Lakes, Inc.

Plan nameLand O’Lakes, Inc.
LocationSt Paul, Minnesota
Asset size$1.6b
# of participants11,228
Business Category Food/Agriculture
Participation Rate94.0%
Avg Deferral Rate7.7%
# of Funds Offered13
Investment ReviewQuarterly
True-up FeatureYes
Match Vesting Period4 years
Default Deferral Rate6%
Default InvestmentRetail TDF (Active)
Systematic WithdrawalsYes
Fee EqualizationNo
Match Rate100% of first 3%; 50% of next 2% of salary
% Receiving Full Match>90%
Max Employer Contribution9%
Financial Education 
   Investing strategiesYes
   Tax/Estate planningYes
   College saving
   Credit/Debt mgmtYes
   Retiree health costs/savings options
Recordkeeper:Alight Solutions
Requalified plan
Note: Match rates and employer contributions are simplified for reporting purposes and may have other attributes (e.g., caps/limits, tiers, etc.) not listed here.
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