401(k) · DOL Form 5500 · 2022
Hormel Foods Corporation 401(k) Plan
Data updated 2026-08-25
- $1.0B
- Total assets Very large vs avg
- 5,001
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $207,051
- Avg per participant Above avg balance/head
Official DOL plan name: Hormel Foods Corporation Tax Deferred Investment Plan a · Sponsored by Hormel Foods Corporation · Minnesota · Manufacturing
$1.0B in assets, 5,001 participants
Hormel Foods Corporation's Hormel Foods Corporation Tax Deferred Investment Plan a reported $1.0B in total assets and 5,001 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #20,210 in Manufacturing (20,602 peers)
Coverage in Minnesota
Hormel Foods Corporation Tax Deferred Investment Plan a covers 5,001 participants in Minnesota, 4.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $1.0B.
- #20,210
- in Manufacturing (20,602 peers)
- +1.1%
- assets growth YoY
- 10×
- vs typical plan assets (national mean)
Hormel Foods Corporation Tax Deferred Investment Plan a's outsized position by total assets
Hormel Foods Corporation Tax Deferred Investment Plan a vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,035,460,729 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Hormel Foods Corporation Tax Deferred Investment Plan a's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hormel Foods Corporation Tax Deferred Investment Plan a lands in the large band (5,001 participants).
Published 5500 schedule card
Filing strip 410319970 · Hormel Foods Corporation PY 2022 · 401(k)
Hormel Foods Corporation Tax Deferred Investment Plan a · $1.0B · 5,001 · 99th
- PHOTO $1.0B
- PHOTO 5,001
- PHOTO 99th
- PHOTO 401(k)
- PHOTO near The Dun & Bradstreet Corporation 401(k) Plan
- PHOTO ind #20210
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Minnesota →
Hormel Foods Corporation Tax Deferred Investment Plan a in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $1.0B |
|---|---|
| Net Assets (End of Year) | $1.0B |
| Net Income | $11M |
| Employer EIN | 410319970 |
| Plan Effective Date | 1986-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hormel Foods Corporation)
Sponsor-wide plan assets over time
All Hormel Foods Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.8B 38.865716518961875% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 19,631 | $2.9B |
| 2023 | 5 | 24,731 | $3.0B |
| 2024 | 3 | 12,543 | $1.8B |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Scale composition for Hormel Foods Corporation Tax Deferred Investment Plan a
Hormel Foods Corporation Tax Deferred Investment Plan a reports $1.0B in end-of-year assets across 5,001 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $207,051 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2022 was $11M.
This plan identity (EIN 410319970, plan #050) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.0B to $1.2B (+12.1%) while covered participants moved from 5,001 to 4,950 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,001 | $1.0B | This page |
| 2023 | 5,009 | $1.1B | Open filing |
| 2024 · index core | 4,950 | $1.2B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Hormel Foods Corporation Tax Deferred Investment Plan a * (401(k), $1.2B, 4,950 participants)
- Hormel Foods Corporation Pension Plan (Defined Benefit (Pension), $985M, 8,622 participants)
- Hormel Foods Corporation Joint Earnings Profit Sharing Trust (ESOP, $424M, 4,375 participants)
- Hormel Foods Corporation Hourly Employees' Pension Plan (Defined Benefit (Pension), $333M, 3,369 participants)
Hormel Foods Corporation Tax Deferred Investment Plan a's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is The Dun & Bradstreet Corporation 401(k) Plan in FL ($1.0B); by covered participants it is Multicare Health System 401(k) Plan in WA (5,001 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.0B here).
- The Dun & Bradstreet Corporation 401(k) Plan (FL) $1.0B · 2,585
- Wabtec Savings Plan (PA) $1.0B · 10,120
- The Savings Investment Plan for Employees of Reckitt Benckiser LLC (NJ) $1.0B · 4,614
- Perkins Coie Retirement and 401(k) Plan (WA) $1.0B · 1,811
Similar participant headcount
Nearest other-state filings by covered participants (5,001 participants); asset peers above are excluded.
- Multicare Health System 401(k) Plan (WA) 5,001 · 0 off
- Crown Castle Inc. 401(k) Plan (TX) 5,002 · 1 off
- Novelis Savings and Retirement Plan (GA) 5,007 · 6 off
- Synovus 401(k) Savings Plan (GA) 5,008 · 7 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.