Grain Millers, Inc. 401(k) Plan: Login, Facts & Contact Information

Grain Millers, Inc. 401(k) Plan Facts

Plan name
GRAIN MILLERS, INC. RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GRAIN MILLERS, INC.
Participants
786 (716 active employees)
Former employees with a balance
84
Plan assets
$78,269,776 at Dec 31, 2024
Average account balance
$111,021 across 705 accounts
Employer contributions
$2,845,986 in plan year 2024 (34% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 1, 1990
✓ 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 Oct 8, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $8.48 million went into the plan in contributions, $2.85 million of it from the employer (34%).
  • $10.7 million was paid out to participants.
  • Investment and other income added $8.12 million.
  • Administrative expenses were $147,801, about $210 per account.

How the Grain Millers, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019517$47.0 million$1.01 million$1.98 million
2020548$58.5 million$2.04 million$1.85 million
2021692$69.1 million$2.27 million$3.87 million
2022756$60.8 million$2.52 million$4.84 million
2023800$72.5 million$2.67 million$5.28 million
2024786$78.3 million$2.85 million$10.7 million

Grain Millers, Inc. 401(k) Contact Information

Phone
952-829-8821
Mailing address
10400 VIKING DR SUITE 301, EDEN PRAIRIE MN 553447268
Plan sponsor
GRAIN MILLERS, INC.
Employer identification number (EIN)
91-1199825
Plan number
001

Questions about the Grain Millers, Inc. 401(k)

Does Grain Millers, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.85 million, 34% of all contributions.

Does the Grain Millers, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Grain Millers, Inc 401(k) plan?

786 participants at the start of plan year 2024, 716 of them active employees, and 84 former employees who still had money in the plan.

What is the average 401(k) balance at Grain Millers, Inc?

About $111,021 per account: $78.3 million in plan assets across 705 accounts with a balance at the end of plan year 2024.

Who manages the Grain Millers, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Principal 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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