Hormel Foods Corporation Tax Deferred Investment Plan B — Form 5500 plan (Hormel Foods Corporation)
Plain-English plan 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, Hormel Foods Corporation Tax Deferred Investment Plan B is a benefit plan reported by Hormel Foods Corporation under EIN 41-0319970 and plan number 051. The latest loaded filing year is 2023. The filing reports 4,156 participants and $188,490,543 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hormel Foods Corporation
- EIN
- 41-0319970
- Plan number
- 051
- Plan type
- 2
- Location
- Austin, MN
- Latest filing year
- 2023
- Participants
- 4,156
- End-of-year plan assets
- $188,490,543
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,156 | H, C | 20240813093322NAL0005681555001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $188,490,543
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $188,490,543
- Net assets (BOY)
- $207,913,300
Income & contributions
- Employer contributions
- $1,972,212
- Participant contributions
- $7,457,655
- Total contributions
- $9,470,652
- Total income / additions
- $6,231,358
Expenses & distributions
- Benefits paid
- $25,292,466
- Administrative expenses
- $237,075
- Total expenses
- $25,654,115
- Net increase / (decrease)
- -$19,422,757
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $130,620 | $0 | 2023 |
| Ernst & Young Us Llp | NONE | $55,800 | not reported in the loaded dataset | 2023 |
| State Street Global Advisors | NONE | $28,630 | not reported in the loaded dataset | 2023 |
| Van Iwaarden Associates | NONE | $10,253 | not reported in the loaded dataset | 2023 |
| Meketa Fiduciary Management LLC | NONE | $6,073 | not reported in the loaded dataset | 2023 |
| Dorsey & Whitney Llp | NONE | $5,313 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | NONE | $8 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Hormel Foods Corporation
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Austin, MN
- Empower Annuity Insurance Company O — Schedule C compensation
- Ernst & Young Us Llp — Schedule C compensation
- State Street Global Advisors — Schedule C compensation
- Van Iwaarden Associates — Schedule C compensation
- Meketa Fiduciary Management LLC — Schedule C compensation
- Dorsey & Whitney Llp — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation