Gea Farm Technologies retirement plan: assets, participants and fees
What Gea Farm Technologies' retirement plan 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 ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 78 pension plans in wholesale trade with 100 to 499 participants.
| Gea Farm Technologies: employer contribution per participant | $2,188 | |
| Peer median | $1,840 |
| Gea Farm Technologies: average balance | $44,988 | |
| Peer median | $50,096 |
| Gea Farm Technologies: admin expenses ÷ assets | 2.04% | |
| Peer median | 0.75% |
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 $27.4M at the end of plan year 2021 to $21.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 483 | $21.7M | $1.1M | $2,188 | 2.04% | Not published | Form 5500 ↗ |
| 2023 | 491 | $21.9M | $1M | $2,098 | 1.97% | Not published | Form 5500 ↗ |
| 2022 | 498 | $21.5M | $723K | $1,452 | 1.62% | Not published | Form 5500 ↗ |
| 2021 | 507 | $27.4M | $776K | $1,531 | 1.46% | Not published | Form 5500 ↗ |
Common questions
Does Gea Farm Technologies match 401(k) contributions?
The match terms for the Babson Bros. Co. Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $1.1M in employer contributions, about $2,188 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Gea Farm Technologies 401(k) match vested?
The vesting schedule for the Babson Bros. Co. Pension Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Gea Farm Technologies 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Gea Farm Technologies, Inc..
I left Gea Farm Technologies. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Gea Farm Technologies, Inc., (630) 369-8100) or the recordkeeper, Principal Life Insurance Company. The Gea Farm Technologies old 401(k) page lists the contacts from every plan filing. Find an old Gea Farm Technologies 401(k)
Data from the public Form 5500 annual reports Gea Farm Technologies 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 Gea Farm Technologies. Not financial advice. Report a correction · Methodology