401(k) · DOL Form 5500 · 2022
Butterball, LLC 401(k) Plan
Data updated 2026-08-11
- $122M
- Total assets
- 6,187
- Participants
- 94th
- Percentile by assets
- $19,698
- Avg per participant
Official DOL plan name: Butterball, LLC Salary & Hourly 401(k) Plan · Sponsored by Butterball, LLC · North Carolina · Manufacturing
$122M in assets, 6,187 participants
Butterball, LLC's Butterball, LLC Salary & Hourly 401(k) Plan reported $122M in total assets and 6,187 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 139,126 plans)
- #18,608 in Manufacturing (20,602 peers)
Coverage in North Carolina
Butterball, LLC Salary & Hourly 401(k) Plan covers 6,187 participants in North Carolina, 7.6x the typical North Carolina plan (state average ~819 per filing). Assets: $122M.
- $122M
- total plan assets (2022 EOY)
- 6,187
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- $19,698
- avg assets per participant
The plan reported a net loss of $31M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Butterball, LLC Salary & Hourly 401(k) Plan sits by total assets
Butterball, LLC Salary & Hourly 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$121,874,063 Top 6% higher than 94% 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
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. Butterball, LLC Salary & Hourly 401(k) Plan reports 6,187 participants - 7.6x that state average ($122M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $149M |
|---|---|
| Net Assets (End of Year) | $122M |
| Net Income | -$31M |
| Employer EIN | 561458630 |
| Plan Effective Date | 2006-11-02 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Butterball, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 7,108 | $152M |
| 2023 | 2 | 5,829 | $175M |
| 2024 | 2 | 5,374 | $189M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Butterball, LLC Salary & Hourly 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Scale composition for Butterball, LLC Salary & Hourly 401(k) Plan
Butterball, LLC Salary & Hourly 401(k) Plan reports $122M in end-of-year assets across 6,187 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $19,698 per participant (14% of the national average assets-per-participant) . Net income for plan year 2022 was -$31M.
This plan identity (EIN 561458630, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $122M to $156M (+27.7%) while covered participants moved from 6,187 to 5,082 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,187 | $122M | This page |
| 2023 | 5,509 | $140M | Open filing |
| 2024 · index core | 5,082 | $156M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Butterball, LLC Salary & Hourly 401(k) Plan (401(k), $156M, 5,082 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Butterball, LLC Salary & Hourly 401(k) Plan by total assets, not by location.
- Yuma Regional Medical Center 401(k) Plan (AZ) $122M · 2,549
- Wedbush Securities Inc. Employees' Retirement Plan (CA) $122M · 800
- Rosendin Electric 401(k) Savings Plan (CA) $122M · 1,596
- Great Plains Health 401(k) Retirement Plan (NE) $122M · 1,057
Frequently Asked Questions
How did Butterball, LLC Salary & Hourly 401(k) Plan assets move in 2022? ▼
How have Butterball, LLC plan assets changed over time? ▼
Where does Butterball, LLC Salary & Hourly 401(k) Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Butterball, LLC Salary & Hourly 401(k) Plan's numbers.
- By total assets, Butterball, LLC Salary & Hourly 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- Butterball, LLC's sponsor-wide assets have grown 24.0% since 2022 across 3 plan years on file. More Manufacturing plans