401(k) · DOL Form 5500 · 2023

Flowers Foods, Inc. 401(k) Plan

Data updated 2026-08-11

$818M
Total assets
8,950
Participants
98th
Percentile by assets
$91,408
Avg per participant
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Official DOL plan name: Flowers Foods, Inc. 401(k) Retirement Savings Plan · Sponsored by Flowers Foods, Inc. · Georgia · Manufacturing

$818M in assets, 8,950 participants

Flowers Foods, Inc.'s Flowers Foods, Inc. 401(k) Retirement Savings Plan reported $818M in total assets and 8,950 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #18,173 in Manufacturing (18,722 peers)

Coverage in Georgia

Flowers Foods, Inc. 401(k) Retirement Savings Plan covers 8,950 participants in Georgia, 8.2x the typical Georgia plan (state average ~1,096 per filing). Assets: $818M.

$818M
total plan assets (2023 EOY)
8,950
covered participants
98th
percentile by assets (of 127,072 plans)
$91,408
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Flowers Foods, Inc. 401(k) Retirement Savings Plan reported net income rose from -$138M in the plan year 2022 filing to $92M in the plan year 2023 filing.
  • Flowers Foods, Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $726M in the plan year 2022 filing to $818M in the plan year 2023 filing.
  • Flowers Foods, Inc. 401(k) Retirement Savings Plan reported participants rose from 8,502 in the plan year 2022 filing to 8,950 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Georgia filers

In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Flowers Foods, Inc. 401(k) Retirement Savings Plan reports 8,950 participants - 8.2x that state average ($818M EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$726M
Net Assets (End of Year)$818M
Net Income$92M
Employer EIN582582379
Plan Effective Date1995-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Flowers Foods, Inc.)

$700M$750M$800M$850M$900M$950M 202220232024 $758M $910M ▲ +20.0%
Total plan assets by year, all Flowers Foods, Inc. plans on file
Year Plans Participants Total Assets
2022 3 8,918 $758M
2023 3 9,189 $850M
2024 3 9,388 $910M

Nearby 401(k) Plans in Georgia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Flowers Foods, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Flowers Foods, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Flowers Foods, Inc. …The Teamster - UPS N…Delta 401(k) Retirem…Delta 401(k) Retirem…UPS 401(k) Savings P…The Home Depot Futur…
Flowers Foods, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Scale composition for Flowers Foods, Inc. 401(k) Retirement Savings Plan

Flowers Foods, Inc. 401(k) Retirement Savings Plan reports $818M in end-of-year assets across 8,950 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $91,408 per participant (66% of the national average assets-per-participant) . Net income for plan year 2023 was $92M.

This plan identity (EIN 582582379, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $726M to $883M (+21.5%) while covered participants moved from 8,502 to 9,126 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,502 $726M Open filing
2023 8,950 $818M This page
2024 · index core 9,126 $883M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Flowers Foods, Inc. 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Flowers Foods, Inc. 401(k) Retirement Savings Plan assets move in 2023?
Flowers Foods, Inc. 401(k) Retirement Savings Plan grew at a solid clip - up 12.6% during 2023, from $726M to $818M. Reported net income was $92M.
How have Flowers Foods, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Flowers Foods, Inc.'s sponsor-wide assets grew 20.0%, from $758M to $910M.
Where does Flowers Foods, Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Flowers Foods, Inc. 401(k) Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Flowers Foods, Inc. 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Sia Retirement Plan in IN ($819M, 5,489 participants).

Next read for Flowers Foods, Inc. 401(k) Retirement Sa…

Filing takeaways

Ways to act on Flowers Foods, Inc. 401(k) Retirement Savings Plan's numbers.

  • By total assets, Flowers Foods, Inc. 401(k) Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Georgia. Compare plans
  • Flowers Foods, Inc.'s sponsor-wide assets have grown 20.0% since 2022 across 3 plan years on file. More Manufacturing plans