Select Milk Producers, Inc. 401(k) Plan: Login, Facts & Contact Information

Select Milk Producers, Inc. 401(k) Plan Facts

Plan name
SELECT MILK PRODUCERS, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SELECT MILK PRODUCERS, INC.
Participants
1,157 (1,134 active employees)
Former employees with a balance
169
Plan assets
$36,316,293 at Dec 31, 2024
Average account balance
$31,997 across 1,135 accounts
Employer contributions
$3,196,950 in plan year 2024 (40% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1999
✓ 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 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.98 million went into the plan in contributions, $3.20 million of it from the employer (40%).
  • $4.96 million was paid out to participants.
  • Investment and other income added $3.83 million.
  • Administrative expenses were $181,506, about $160 per account.

How the Select Milk Producers, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019236$12.4 million$906,973$1.30 million
2020511$15.9 million$1.14 million$1.11 million
2021542$19.9 million$1.27 million$1.56 million
2022621$19.9 million$1.69 million$2.40 million
2023677$29.7 million$2.08 million$2.60 million
20241,157$36.3 million$3.20 million$4.96 million

Select Milk Producers, Inc. 401(k) Contact Information

Phone
214-568-9000
Mailing address
5151 BELT LINE SUITE 455, DALLAS TX 75254
Plan sponsor
SELECT MILK PRODUCERS, INC.
Plan administrator
MERCER INVESTMENTS, LLC
Employer identification number (EIN)
85-0425525
Plan number
001

Questions about the Select Milk Producers, Inc. 401(k)

Does Select Milk Producers, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.20 million, 40% of all contributions.

Does the Select Milk Producers, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Select Milk Producers, Inc 401(k) plan?

1,157 participants at the start of plan year 2024, 1,134 of them active employees, and 169 former employees who still had money in the plan.

What is the average 401(k) balance at Select Milk Producers, Inc?

About $31,997 per account: $36.3 million in plan assets across 1,135 accounts with a balance at the end of plan year 2024.

Who manages the Select Milk Producers, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Select Milk Producers, Inc. How do I access my 401(k)?

Your account stays with Empower 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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