DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

Land O'Lakes, Inc. Employee Retirement Plan

Corporate pensionArden Hills, MN
Assets
$861M
Total assets, Dec 31, 2024 reported
Funded
98.6%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
none on the tape
Plan sponsor: Land O'Lakes, Inc
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Master trust investment accounts 100.0%
Consultants and advisers
5 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
2 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
33 readings
Total assets
$861M Dec 31, 2024 reported Form 5500
$916M (2023-12) · $896M (2022-12)
Plan assets
$915M Jan 1, 2024 reported Form 5500
$896M (2023-01) · $1.2B (2022-01)
Net assets
$860M Dec 31, 2024 reported Form 5500
$916M (2023-12) · $896M (2022-12)
Funded ratio
98.6% Jan 1, 2024 reported Form 5500
96.0% (2023-01) · 112.4% (2022-01)
Funding target
$923M Jan 1, 2024 reported Form 5500
$932M (2023-01) · $915M (2022-01)
Discount rate
5.07% Jan 1, 2024 reported Form 5500
5.20% (2023-01) · 5.37% (2022-01)
Participants
10,239 Jan 1, 2024 reported Form 5500
10,551 (2023-01) · 10,744 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$15.0M (2023-12) · $0 (2022-12)
Benefits paid
$61.5M Dec 31, 2024 reported Form 5500
$59.0M (2023-12) · $57.2M (2022-12)
Net investment income
$-55.6M Dec 31, 2024 reported Form 5500
$20.0M (2023-12) · $-311M (2022-12)
Investment management fees
$343,448 Dec 31, 2024 reported Form 5500
$347,371 (2023-12) · $430,934 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 202410,239$915M$923M98.6%$861Mn/a$861Mn/a
2023 to Dec 31, 202310,551$896M$932M96.0%$916Mn/a$901Mn/a
2022 to Dec 31, 202210,744$1.2B$915M112.4%$896Mn/a$896Mn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
4 events
  • Dec 31, 2024Manager relationship endedinference
    Barings no longer appears on Land O'Lakes, Inc. Employee Retirement Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Barings LLCaskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Land O'Lakes, Inc. Employee Retirement Plan funded ratio 96.0% -> 98.6% (2023-01-01 to 2024-01-01)
  • Jan 1, 2023Funded status changed
    Land O'Lakes, Inc. Employee Retirement Plan funded ratio 112.4% -> 96.0% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Land O'Lakes, Inc. Employee Retirement Plan plan assets $1.2B -> $896M (-25.8%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 410365145-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.