Lifecore Biomedical 401(k) match, vesting and fees

Plan year 2025 filingLifecore Biomedical 401k Plan · Plan 001 · EIN 94-3025618Updated Oct 2026

What Lifecore Biomedical's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $1.4M in employer contributions, about $1,887 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$117,947
Average account balance
766
Participants (end of year)
$89.5M
Plan assets (end of year)
0.07%
Admin expenses ÷ assets

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.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorAudit Tax Solutions Cpas Inc. (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 140 defined-contribution plans in wholesale trade with 500 to 999 participants.

Lifecore Biomedical: employer contribution per participant$1,887
Peer median$1,852
Lifecore Biomedical: average balance$117,947
Peer median$80,543
Lifecore Biomedical: admin expenses ÷ assets0.07%
Peer median0.22%

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 $93.9M at the end of plan year 2021 to $89.5M at the end of plan year 2025.

$93.9M2021$69.2M2022$80.8M2023$81.7M2024$89.5M2025
End-of-year figures from each plan year's Form 5500 filing for the Lifecore Biomedical plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025766$89.5M$1.4M$1,8870.07%Not publishedForm 5500 ↗
2024837$81.7M$1.6M$1,9260.08%Not publishedForm 5500 ↗
2023904$80.8M$1.6M$1,8090.09%Not publishedForm 5500 ↗
20221,019$69.2M$1.8M$1,7900.09%Not publishedForm 5500 ↗
20211,182$93.9M$2.3M$2,0340.11%Not publishedForm 5500 ↗

Common questions

Does Lifecore Biomedical match 401(k) contributions?

The match terms for the Lifecore Biomedical 401k Plan have not been published from its filing yet. The plan year 2025 filing reports $1.4M in employer contributions, about $1,887 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Lifecore Biomedical 401(k) match vested?

The vesting schedule for the Lifecore Biomedical 401k Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Lifecore Biomedical 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Lifecore Biomedical Inc..

I left Lifecore Biomedical. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Lifecore Biomedical Inc., (952) 368-4300) or the recordkeeper, Fidelity Investments Institutional. The Lifecore Biomedical old 401(k) page lists the contacts from every plan filing. Find an old Lifecore Biomedical 401(k)

Data from the public Form 5500 annual reports Lifecore Biomedical filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Lifecore Biomedical. Not financial advice. Report a correction · Methodology