2023 Form 5500 filing — Smithfield Foods, Inc. Bargaining 401(K) Plan
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 20241014100042NAL0013095283001) for Smithfield Foods, Inc. Bargaining 401(K) Plan, reported by Smithfield Foods Incorporated under EIN 52-0845861 and plan number 004. It reports 18,571 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014100042NAL0013095283001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Smithfield Foods Incorporated
- EIN
- 52-0845861
- Plan number
- 004
- Location
- Smithfield, VA
- Participants
- 18,571
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $307,940,466
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $307,940,466
- Employer contributions
- $10,219,712
- Participant contributions
- $28,522,171
- Total income / additions
- $80,456,788
- Benefits paid
- $47,393,424
- Administrative expenses
- $627,745
- Total expenses
- $48,498,246
- Net increase / (decrease)
- $31,958,542
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | NONE | $628,781 | $0 |
| Gwfs Equities | NONE | $385 | not reported in the loaded dataset |
| Qdro Consultants Company, LLC | NONE | $300 | not reported in the loaded dataset |