Capital Accumulation 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, Capital Accumulation Plan is a benefit plan reported by Hormel Foods Corporation under EIN 36-3889635 and plan number 001. The latest loaded filing year is 2023. The filing reports 6,239 participants and $171,663,489 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Hormel Foods Corporation
EIN
36-3889635
Plan number
001
Plan type
2
Location
Rochelle, IL
Latest filing year
2023
Participants
6,239
End-of-year plan assets
$171,663,489

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20236,239H, C20240813092904NAL0010395377001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$171,663,489
Total liabilities (EOY)
$0
Net assets (EOY)
$171,663,489
Net assets (BOY)
$148,526,819

Income & contributions

Employer contributions
$7,401,926
Participant contributions
$10,913,529
Total contributions
$18,841,655
Total income / additions
$35,889,540

Expenses & distributions

Benefits paid
$12,173,892
Administrative expenses
$310,556
Total expenses
$12,752,870
Net increase / (decrease)
$23,136,670

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyNONE$230,422$02023
Ernst & Young Us LlpNONE$55,800not reported in the loaded dataset2023
Meketa Fiduciary Management LLCNONE$26,733not reported in the loaded dataset2023
Dorsey & Whitney LlpNONE$19,602not reported in the loaded dataset2023
Van Iwaarden AssociatesNONE$11,687not reported in the loaded dataset2023
Charles Schwab & Co Inc.NONE$0$02023

Related Form 5500 pages