401(k) · DOL Form 5500 · 2023

Flowers Foods, Inc. 401(k) Plan

Data updated 2026-08-25

$818M
Total assets Above avg plan size
8,950
Participants Very large workforce
98th
Percentile by assets National rank
$91,408
Avg per participant Below avg balance/head
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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.

  • #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.

#18,173
in Manufacturing (18,722 peers)
+12.6%
assets growth YoY
8.2×
vs typical plan assets (national mean)

Flowers Foods, Inc. 401(k) Retirement Savings Plan's outsized position by total assets

Flowers Foods, Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$818,097,254 Top 2% higher than 98% of 127,068 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 2023

Flowers Foods, Inc. 401(k) Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Flowers Foods, Inc. 401(k) Retirement Savings Plan lands in the large band (8,950 participants).

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 →

Form 5500 schedule snapshot

Filing strip 582582379 · Flowers Foods, Inc. PY 2023 · 401(k)

Flowers Foods, Inc. 401(k) Retirement Savings Plan · $818M · 8,950 · 98th

  • BOY $818M
  • BOY 8,950
  • BOY 98th
  • BOY 401(k)
  • BOY near Sia Retirement Plan
  • BOY ind #18173

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 Georgia →

Flowers Foods, Inc. 401(k) Retirement Savings Plan in the asset neighbourhood

Ansys, Inc. Employees' Retirement ProgramAnsys, Inc. Employees' Retir…$820MSia Retirement Plan$819MFlowers Foods, Inc. 401(k) Retirement Savings PlanFlowers Foods, Inc. 401(k) R…$818MSeyfarth Shaw LLP 401(k) Savings and Retirement PlanSeyfarth Shaw LLP 401(k) Sav…$816MPtc 401(k) Savings Plan$816M
End-of-year total assets ($M) among Flowers Foods, Inc. 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Flowers Foods, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$910M 19.984275362568816% vs 2022
2024 filing year
$700M$750M$800M$850M$900M$950M 202220232024 $758M $910M ▲ +20.0%
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 Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Flowers Foods, Inc. 401(k) Retirement Savings Plan, Total assets ($B): 0.818097254 · Participants: 8950Flowers Foods, Inc. 401(k) Retirement Savings PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futurebuilder
Flowers Foods, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Flowers Foods, Inc. 401(k) Retirement Savings Plan side-by-side with 3 peers →

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:

Flowers Foods, Inc. 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Sia Retirement Plan in IN ($819M); by covered participants it is Stericycle, Inc. 401(k) Retirement Plan in IL (8,955 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($818M here).

Similar participant headcount

Nearest other-state filings by covered participants (8,950 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Flowers Foods, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Stericycle, Inc. 401(k) Retirement Plan in IL (8,955 participants, $390M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 582582379.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.