Farmers Grain Terminal Inc 401(k) Plan: Login, Facts & Contact Information

Farmers Grain Terminal Inc 401(k) Plan Facts

Plan name
CO-OP 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FARMERS GRAIN TERMINAL INC
Participants
178 (148 active employees)
Former employees with a balance
30
Plan assets
$14,478,959 at Dec 31, 2024
Average account balance
$77,844 across 186 accounts
Employer contributions
$391,535 in plan year 2024 (46% of all contributions)
Recordkeeper
Milliman, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 1, 1978
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 29, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $857,109 went into the plan in contributions, $391,535 of it from the employer (46%).
  • $3.01 million was paid out to participants.
  • Investment and other income added $1.65 million.
  • Administrative expenses were $65,163, about $350 per account.

How the Farmers Grain Terminal Inc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019154$11.8 million$325,774$278,513
2020158$13.9 million$337,603$799,758
2021160$15.9 million$359,328$379,598
2022161$12.7 million$371,520$1.68 million
2023170$15.0 million$355,754$248,474
2024178$14.5 million$391,535$3.01 million

Farmers Grain Terminal Inc 401(k) Contact Information

Phone
662-332-0987
Mailing address
P O BOX 1796, GREENVILLE MS 38702
Plan sponsor
FARMERS GRAIN TERMINAL INC
Employer identification number (EIN)
23-7033852
Plan number
001

Questions about the Farmers Grain Terminal Inc 401(k)

Does Farmers Grain Terminal Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $391,535, 46% of all contributions.

Does the Farmers Grain Terminal Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Farmers Grain Terminal Inc 401(k) plan?

178 participants at the start of plan year 2024, 148 of them active employees, and 30 former employees who still had money in the plan.

What is the average 401(k) balance at Farmers Grain Terminal Inc?

About $77,844 per account: $14.5 million in plan assets across 186 accounts with a balance at the end of plan year 2024.

Who manages the Farmers Grain Terminal Inc 401(k) accounts?

Milliman (listed on the filing as MILLIMAN, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Farmers Grain Terminal Inc. How do I access my 401(k)?

Your account stays with Milliman after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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