Farmer Bros 401(k) match, vesting and fees
What Farmer Bros' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Pkf O'Connor Davies, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Farmer Bros: employer contribution per participant | $766 | |
| Peer median | $2,413 |
| Farmer Bros: average balance | $78,355 | |
| Peer median | $86,456 |
| Farmer Bros: admin expenses ÷ assets | 0.20% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $113M at the end of plan year 2021 to $104M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,544 | $104M | $1M | $766 | 0.20% | Not published | Form 5500 ↗ |
| 2023 | 1,766 | $101M | $2.3M | $1,505 | 0.20% | Not published | Form 5500 ↗ |
| 2022 | 1,888 | $96.8M | $4.8M | $2,593 | 0.22% | Not published | Form 5500 ↗ |
| 2021 | 1,829 | $113M | $3.6M | $2,089 | 0.17% | Not published | Form 5500 ↗ |
Other Farmer Bros plans (3)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Farmer Bros. Co. Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Pkf O'Connor Davies, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Farmer Bros. Co. Amended and Restated Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Pkf O'Connor Davies, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Retirement · Terminated (final filing) | Form 5500 ↗ |
Farmer Bros. Co. Hourly Employees' Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Pkf O'Connor Davies, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Farmer Bros match 401(k) contributions?
The match terms for the Farmer Bros. Co. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1M in employer contributions, about $766 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Farmer Bros 401(k) match vested?
The vesting schedule for the Farmer Bros. Co. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Farmer Bros 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Farmer Bros. Co..
I left Farmer Bros. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Farmer Bros. Co., (682) 549-6600) or the recordkeeper, Principal Life Insurance Company. The Farmer Bros old 401(k) page lists the contacts from every plan filing. Find an old Farmer Bros 401(k)
Data from the public Form 5500 annual reports Farmer Bros filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Farmer Bros. Not financial advice. Report a correction · Methodology