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. Hourly 401(K) Plan is a benefit plan reported by Smithfield Foods Incorporated under EIN 52-0845861 and plan number 009. The latest loaded filing year is 2023. The filing reports 19,913 participants and $375,938,128 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $375,938,128
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $375,938,128
- Net assets (BOY)
- $313,490,732
Income & contributions
- Employer contributions
- $27,060,685
- Participant contributions
- $38,451,127
- Total contributions
- $66,450,185
- Total income / additions
- $116,530,522
Expenses & distributions
- Benefits paid
- $54,160,239
- Administrative expenses
- $759,886
- Total expenses
- $55,530,256
- Net increase / (decrease)
- $61,000,266