Jennie-O Turkey Store Retirement Savings Plan — 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, Jennie-O Turkey Store Retirement Savings Plan is a benefit plan reported by Hormel Foods Corporation under EIN 41-0734466 and plan number 003. The latest loaded filing year is 2023. The filing reports 6,275 participants and $268,923,352 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hormel Foods Corporation
- EIN
- 41-0734466
- Plan number
- 003
- Plan type
- 2
- Location
- Willmar, MN
- Latest filing year
- 2023
- Participants
- 6,275
- End-of-year plan assets
- $268,923,352
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 6,275 | H, C | 20240813092505NAL0005671763001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $268,923,352
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $268,923,352
- Net assets (BOY)
- $249,495,279
Income & contributions
- Employer contributions
- $1,994,270
- Participant contributions
- $11,057,434
- Total contributions
- $13,400,251
- Total income / additions
- $44,605,456
Expenses & distributions
- Benefits paid
- $24,418,758
- Administrative expenses
- $356,573
- Total expenses
- $25,177,383
- Net increase / (decrease)
- $19,428,073
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | NONE | $218,782 | $0 | 2023 |
| Ernst & Young Us Llp | NONE | $55,800 | not reported in the loaded dataset | 2023 |
| Meketa Fiduciary Management LLC | NONE | $54,982 | not reported in the loaded dataset | 2023 |
| Van Iwaarden Associates | NONE | $13,266 | not reported in the loaded dataset | 2023 |
| Dorsey & Whitney Llp | NONE | $10,365 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | NONE | $7 | $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 Willmar, MN
- Empower Annuity Insurance Company — Schedule C compensation
- Ernst & Young Us Llp — Schedule C compensation
- Meketa Fiduciary Management LLC — Schedule C compensation
- Van Iwaarden Associates — Schedule C compensation
- Dorsey & Whitney Llp — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation