Two Farms 401(k) match, vesting and fees
What Two Farms' 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 | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Sc & H Attest Services (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 72 defined-contribution plans in agriculture, forestry, fishing and hunting with 500 to 999 participants.
| Two Farms: employer contribution per participant | $1,701 | |
| Peer median | $1,989 |
| Two Farms: average balance | $43,604 | |
| Peer median | $57,818 |
| Two Farms: admin expenses ÷ assets | 0.35% | |
| Peer median | 0.25% |
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 $27.7M at the end of plan year 2023 to $32.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 6,698 | $32.7M | $1.3M | $1,701 | 0.35% | Not published | Form 5500 ↗ |
| 2023 | 5,855 | $27.7M | $1.1M | $1,617 | 0.37% | Not published | Form 5500 ↗ |
Other Two Farms plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Cloverland Farms Dairy 401(k) Retirement Plan for Union Employees
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 | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Sc & H Attest Services (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Common questions
Does Two Farms match 401(k) contributions?
The match terms for the Two Farms Inc. Employees' 401(k) Profit Sharing have not been published from its filing yet. The plan year 2024 filing reports $1.3M in employer contributions, about $1,701 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Two Farms 401(k) match vested?
The vesting schedule for the Two Farms Inc. Employees' 401(k) Profit Sharing is not in the data published so far. Your Summary Plan Description states it.
Who manages the Two Farms 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Two Farms Inc..
I left Two Farms. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Two Farms Inc., (410) 889-0200) or the recordkeeper, The Vanguard Group, Inc.. The Two Farms old 401(k) page lists the contacts from every plan filing. Find an old Two Farms 401(k)
Data from the public Form 5500 annual reports Two Farms filed with the U.S. Department of Labor (plan years 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 Two Farms. Not financial advice. Report a correction · Methodology