Tony Downs Foods Company 401(k) Plan: Login, Facts & Contact Information

Tony Downs Foods Company 401(k) Plan Facts

Plan name
TONY DOWNS FOODS COMPANY 401(K) PROFIT SHARING PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
TONY DOWNS FOODS COMPANY
Participants
582 (571 active employees)
Former employees with a balance
53
Plan assets
$28,361,835 at Dec 31, 2024
Average account balance
$89,188 across 318 accounts
Employer contributions
$442,457 in plan year 2024 (21% of all contributions)
Recordkeeper
Alerus Financial, N.a.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 1988
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 2, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.09 million went into the plan in contributions, $442,457 of it from the employer (21%).
  • $2.91 million was paid out to participants.
  • Investment and other income added $3.72 million.
  • Administrative expenses were $123,148, about $387 per account.

How the Tony Downs Foods Company 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019626$17.0 million$217,818$682,436
2020669$21.2 million$345,570$871,818
2021572$24.9 million$406,883$1.35 million
2022579$21.5 million$414,081$757,557
2023586$25.4 million$382,320$1.82 million
2024582$28.4 million$442,457$2.91 million

Tony Downs Foods Company 401(k) Contact Information

Phone
507-375-3111
Mailing address
54934 210TH LANE, MANKATO MN 56001
Plan sponsor
TONY DOWNS FOODS COMPANY
Employer identification number (EIN)
41-0673792
Plan number
001

Questions about the Tony Downs Foods Company 401(k)

Does Tony Downs Foods Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $442,457, 21% of all contributions.

Does the Tony Downs Foods Company 401(k) have automatic enrollment?

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

How many people are in the Tony Downs Foods Company 401(k) plan?

582 participants at the start of plan year 2024, 571 of them active employees, and 53 former employees who still had money in the plan.

What is the average 401(k) balance at Tony Downs Foods Company?

About $89,188 per account: $28.4 million in plan assets across 318 accounts with a balance at the end of plan year 2024.

Who manages the Tony Downs Foods Company 401(k) accounts?

Alerus (listed on the filing as ALERUS FINANCIAL, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Tony Downs Foods Company. How do I access my 401(k)?

Your account stays with Alerus 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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