401(k) · DOL Form 5500 · 2022

Butterball, LLC 401(k) Plan

Data updated 2026-08-25

$122M
Total assets Near avg plan size
6,187
Participants Above avg headcount
94th
Percentile by assets National rank
$19,698
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#18,608
in Manufacturing (20,602 peers)
-18.1%
assets change YoY
1.2×
vs typical plan assets (national mean)

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.

Butterball, LLC Salary & Hourly 401(k) Plan's outsized position 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

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Butterball, LLC Salary & Hourly 401(k) Plan'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. Butterball, LLC Salary & Hourly 401(k) Plan lands in the large band (6,187 participants).

EBSA filing schedule strip

Filing strip 561458630 · Butterball, LLC PY 2022 · 401(k)

Butterball, LLC Salary & Hourly 401(k) Plan · $122M · 6,187 · 94th

  • TYPE $122M
  • TYPE 6,187
  • TYPE 94th
  • TYPE 401(k)
  • TYPE near Yuma Regional Medical Center 401(k) Plan
  • TYPE ind #18608

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 North Carolina →

Butterball, LLC Salary & Hourly 401(k) Plan in the asset neighbourhood

Rosendin Electric 401(k) Savings PlanRosendin Electric 401(k) Sav…$122MGreat Plains Health 401(k) Retirement PlanGreat Plains Health 401(k) R…$122MButterball, LLC Salary & Hourly 401(k) PlanButterball, LLC Salary & Hou…$122MYuma Regional Medical Center 401(k) PlanYuma Regional Medical Center…$122MWedbush Securities Inc. Employees' Retirement PlanWedbush Securities Inc. Empl…$122M
End-of-year total assets ($M) among Butterball, LLC Salary & Hourly 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$149M
Net Assets (End of Year)$122M
Net Income-$31M
Employer EIN561458630
Plan Effective Date2006-11-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Butterball, LLC)

Sponsor-wide plan assets over time

All Butterball, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$189M 24.009109566185302% vs 2022
2024 filing year
$140M$160M$180M$200M 202220232024 $152M $189M ▲ +24.0%
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 Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Butterball, LLC Salary & Hourly 401(k) Plan, Total assets ($B): 0.121874063 · Participants: 6187Butterball, LLC Salary & Hourly 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Butterball, LLC Salary & Hourly 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

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's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Yuma Regional Medical Center 401(k) Plan in AZ ($122M); by covered participants it is Kuehne & Nagel 401(k) Plan in NJ (6,187 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($122M here).

Similar participant headcount

Nearest other-state filings by covered participants (6,187 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Butterball, LLC Salary & Hourly 401(k) Plan assets move in 2022? ▼
Butterball, LLC Salary & Hourly 401(k) Plan declined sharply - down 18.1% during 2022, from $149M to $122M. Reported net income was -$31M.
How have Butterball, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Butterball, LLC's sponsor-wide assets grew 24.0%, from $152M to $189M.
Where does Butterball, LLC Salary & Hourly 401(k) Plan rank by assets among Form 5500 filers? ▼
Butterball, LLC Salary & Hourly 401(k) Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Butterball, LLC Salary & Hourly 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Yuma Regional Medical Center 401(k) Plan in AZ ($122M, 2,549 participants).
Which 401(k) plans cover a similar participant headcount to Butterball, LLC Salary & Hourly 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kuehne & Nagel 401(k) Plan in NJ (6,187 participants, $422M in assets).