Land O'Lakes, Inc.
Plan name | Land O’Lakes, Inc. |
Location | St Paul, Minnesota |
Asset size | $1.6b |
# of participants | 11,228 |
Business Category | Food/Agriculture |
Participation Rate | 94.0% |
Avg Deferral Rate | 7.7% |
# of Funds Offered | 13 |
Investment Review | Quarterly |
True-up Feature | Yes |
Match Vesting Period | 4 years |
Eligibility | Immediate |
Default Deferral Rate | 6% |
Default Investment | Retail TDF (Active) |
Auto-Escalation | Yes |
Systematic Withdrawals | Yes |
Fee Equalization | No |
Match Rate | 100% of first 3%; 50% of next 2% of salary |
% Receiving Full Match | >90% |
Max Employer Contribution | 9% |
Financial Education | |
Saving/Budgeting | Yes |
Investing strategies | Yes |
Tax/Estate planning | Yes |
College saving | |
Credit/Debt mgmt | Yes |
Retiree health costs/savings options | |
Recordkeeper: | Alight Solutions |