2023 Form 5500 filing — Hormel Foods Corporation Pension 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 20250811144015NAL0010204720001) for Hormel Foods Corporation Pension Plan, reported by Hormel Foods Corporation under EIN 41-0319970 and plan number 001. It reports 12,894 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250811144015NAL0010204720001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hormel Foods Corporation
- EIN
- 41-0319970
- Plan number
- 001
- Location
- Austin, MN
- Participants
- 12,894
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $984,883,233
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $984,883,233
- Total income / additions
- $163,717,301
- Benefits paid
- $54,899,162
- Administrative expenses
- $3,448,281
- Total expenses
- $58,347,443
- Net increase / (decrease)
- $105,369,858
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Meketa Fiduciary Management | NONE | $541,647 | not reported in the loaded dataset |
| Us Bank Na | NONE | $244,110 | not reported in the loaded dataset |
| Cbiz Retirement Plan Services | NONE | $227,260 | not reported in the loaded dataset |
| Curcio Webb | NONE | $87,022 | not reported in the loaded dataset |
| Willis Towers Watson | NONE | $56,871 | not reported in the loaded dataset |
| Pension Benefit Information LLC | NONE | $43,760 | not reported in the loaded dataset |
| Ernst & Young Llp | NONE | $18,300 | not reported in the loaded dataset |
| Dorsey & Whitney Llp | NONE | $18,125 | not reported in the loaded dataset |
| Via Actuarial | NONE | $10,005 | not reported in the loaded dataset |