Smithfield Foods, Inc. Salaried 401(K) Plan — Form 5500 plan (Smithfield Foods Incorporated)

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, Smithfield Foods, Inc. Salaried 401(K) Plan is a benefit plan reported by Smithfield Foods Incorporated under EIN 52-0845861 and plan number 002. The latest loaded filing year is 2023. The filing reports 6,887 participants and $693,868,983 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Smithfield Foods Incorporated
EIN
52-0845861
Plan number
002
Plan type
2
Location
Smithfield, VA
Latest filing year
2023
Participants
6,887
End-of-year plan assets
$693,868,983

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20236,887H, C20241014094038NAL0013075315001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$693,868,983
Total liabilities (EOY)
$0
Net assets (EOY)
$693,868,983
Net assets (BOY)
$609,602,621

Income & contributions

Employer contributions
$27,863,279
Participant contributions
$38,293,874
Total contributions
$68,495,479
Total income / additions
$166,121,539

Expenses & distributions

Benefits paid
$82,866,030
Administrative expenses
$288,247
Total expenses
$83,548,704
Net increase / (decrease)
$82,572,835

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyNONE$288,004$02023
Qdro Consultants Company, LLCNONE$2,100not reported in the loaded dataset2023
Gwfs EquitiesNONE$1,635not reported in the loaded dataset2023

Related Form 5500 pages