Schwans Shared Services 401(k) and retirement plans

Schwans Shared Services, LLC, Bloomington, MN. EIN 81-0572771. Annual reports 2009–2024. Also filed as Better Baked Foods, Inc.; Better Baked Foods,inc.; Better Baked Foods, LLC; Schwan'S Shared Services, LLC.

Schwans Shared Services, LLC has one active retirement plan on file, the Schwan'S Company Retirement Savings Plan, with 11,319 participants and $632 million in assets in 2024. Fidelity has been its recordkeeper since 2016. No traditional pension plan appears in Schwans Shared Services's filings since 2009.

Active plans: 1
Participants: 11,319
Plan assets: $632 million
401(k) recordkeeper: Fidelity
Plans on file: 2
Industry: Manufacturing

All 2 plans

Active plans first

Schwan'S Company Retirement Savings Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 001Employer EIN 81-0572771
Participants (2024): 11,319
Net assets (2024): $632 million
Recordkeeper: FidelityEarlier: Empower (2014–2015), J.P. Morgan (2009–2013)
Plan administrator: Schwans Shared Services, LLC
8500 Normandale BLVD, Ste 2000, 24TH Floor
Bloomington, MN 55437
(952) 841-2641As filed for 2024
In effect since: September 30, 1964

Plans merged into this one: Better Baked Foods, LLC 401K Retirement Plan (2020).

Earlier plan names: The Schwan Food Company Retirement Savings Plan.

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	11,319	$632 million	Fidelity
2023	10,836	$570 million	Fidelity
2022	8,116	$489 million	Fidelity
2021	8,975	$607 million	Fidelity
2020	9,322	$551 million	Fidelity
2019	9,764	$535 million	Fidelity
2018	14,288	$584 million	Fidelity
2017	13,502	$647 million	Fidelity
2016	13,875	$589 million	Fidelity
2015	15,114	$585 million	Empower
2014	15,503	$621 million	Empower
2013	16,111	$619 million	J.P. Morgan
2012	16,471	$554 million	J.P. Morgan
2011	17,289	$527 million	J.P. Morgan
2010	18,162	$537 million	J.P. Morgan
2009	19,391	$501 million	J.P. Morgan

Better Baked Foods, LLC 401K Retirement Plan

401(k)Merged

Merged. In 2020 its assets moved to the Schwan'S Company Retirement Savings Plan, sponsored by Schwans Shared Services, LLC (EIN 81-0572771, plan 001). Accounts moved with them, so that plan is the one to contact.

Plan number: 002Employer EIN 81-0572771
Participants (2019): 121
Net assets (2019): $6.3 million
Recordkeeper: AlerusEarlier: The Vargo (2009)
Plan administrator: Schwan'S Shared Services, LLC
8500 Normandale BLVD.
Bloomington, MN 55437
(814) 725-8778As filed for 2020
In effect since: July 1, 1981

Earlier sponsor: Better Baked Foods, Inc. (2009–2018).

Earlier plan names: Better Baked Foods, Inc. 401K Retirement Plan.

Year by year, 2009 to 2020

Plan year	Participants	Net assets	Recordkeeper
2020	0	$0	Alerus
2019	121	$6.3 million	Alerus
2018	527	$20.3 million	Alerus
2017	622	$23.5 million	Alerus
2016	647	$19.9 million	Alerus
2015	621	$18.3 million	Alerus
2014	542	$18.7 million	Alerus
2013	519	$18.2 million	Alerus
2012	556	$15.4 million	Alerus
2011	584	$14.5 million	Alerus
2010	560	$14.2 million	Alerus
2009	436	$11.2 million	The Vargo

If you had money in one of these plans

Call Fidelity (fidelity.com), which runs the Schwan'S Company Retirement Savings Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((952) 841-2641). That number was filed for 2024; ask for the benefits or retirement plan office.
If your plan was merged, your account moved with it. Follow the link on the plan to the plan it went into, and contact that one.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

All 2 plans

Schwan'S Company Retirement Savings Plan

Better Baked Foods, LLC 401K Retirement Plan

If you had money in one of these plans

What these numbers are

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