To make the ranch, combine the ingredients in a large, widemouth jar and blend with an immersion blender until smooth. Set aside in the fridge to chill.
Cook the bow tie pasta according to package instructions and strain. Lightly coat with olive oil to prevent sticking. Allow to cool.
Using a large bowl, toss the pasta, bacon, peas, carrots, and olives together. Add the ranch and toss until the ingredients are fully coated. Serve fresh!
Notes
All nutritional information are estimations and will vary. Estimations do not include optional ingredients.