Plan5500

2023 Form 5500 filing — Hormel Foods Corporation Tax Deferred Investment Plan B

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240813093322NAL0005681555001) for Hormel Foods Corporation Tax Deferred Investment Plan B, reported by Hormel Foods Corporation under EIN 41-0319970 and plan number 051. It reports 4,156 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20240813093322NAL0005681555001
Filing year
2023
Form type
2
Plan sponsor
Hormel Foods Corporation
EIN
41-0319970
Plan number
051
Location
Austin, MN
Participants
4,156
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$188,490,543
Total liabilities (EOY)
$0
Net assets (EOY)
$188,490,543
Employer contributions
$1,972,212
Participant contributions
$7,457,655
Total income / additions
$6,231,358
Benefits paid
$25,292,466
Administrative expenses
$237,075
Total expenses
$25,654,115
Net increase / (decrease)
-$19,422,757
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Empower Annuity Insurance Company ONONE$130,620$0
Ernst & Young Us LlpNONE$55,800not reported in the loaded dataset
State Street Global AdvisorsNONE$28,630not reported in the loaded dataset
Van Iwaarden AssociatesNONE$10,253not reported in the loaded dataset
Meketa Fiduciary Management LLCNONE$6,073not reported in the loaded dataset
Dorsey & Whitney LlpNONE$5,313not reported in the loaded dataset
Charles Schwab & Co., Inc.NONE$8$0

Related Form 5500 pages