Poet Biorefining 401(k) match, vesting and fees

Plan year 2024 filingPoet 401(k) Plan · Plan 001 · EIN 47-4454378Updated Oct 2026

What Poet Biorefining's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $8.2M in employer contributions, about $2,670 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$86,826
Average account balance
3,126
Participants (end of year)
$266M
Plan assets (end of year)
0.10%
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.

RecordkeeperStancorp Financial GroupSchedule C ↗
Independent auditorRsm US LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.

Poet Biorefining: employer contribution per participant$2,670
Peer median$2,413
Poet Biorefining: average balance$86,826
Peer median$86,456
Poet Biorefining: admin expenses ÷ assets0.10%
Peer median0.12%

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 $172M at the end of plan year 2022 to $266M at the end of plan year 2024.

$172M2022$219M2023$266M2024
End-of-year figures from each plan year's Form 5500 filing for the Poet Biorefining plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20243,126$266M$8.2M$2,6700.10%Not publishedForm 5500 ↗
20233,107$219M$6.2M$2,0410.09%Not publishedForm 5500 ↗
20222,956$172M$4.3M$1,4870.09%Not publishedForm 5500 ↗

Common questions

Does Poet Biorefining match 401(k) contributions?

The match terms for the Poet 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $8.2M in employer contributions, about $2,670 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Poet Biorefining 401(k) match vested?

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

Who manages the Poet Biorefining 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Stancorp Financial Group. The plan administrator is Poet Biorefining LLC.

I left Poet Biorefining. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Poet Biorefining LLC, (605) 965-2200) or the recordkeeper, Stancorp Financial Group. The Poet Biorefining old 401(k) page lists the contacts from every plan filing. Find an old Poet Biorefining 401(k)

Data from the public Form 5500 annual reports Poet Biorefining filed with the U.S. Department of Labor (plan years 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 Poet Biorefining. Not financial advice. Report a correction · Methodology