401(k) · DOL Form 5500 · 2023
Butterball, LLC 401(k) Plan
Data updated 2026-08-25
- $140M
- Total assets Near avg plan size
- 5,509
- Participants Above avg headcount
- 93rd
- Percentile by assets National rank
- $25,481
- Avg per participant Low balance/head
Official DOL plan name: Butterball, LLC Salary & Hourly 401(k) Plan · Sponsored by Butterball, LLC · North Carolina · Manufacturing
$140M in assets, 5,509 participants
Butterball, LLC's Butterball, LLC Salary & Hourly 401(k) Plan reported $140M in total assets and 5,509 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.
- #16,785 in Manufacturing (18,722 peers)
Coverage in North Carolina
Butterball, LLC Salary & Hourly 401(k) Plan covers 5,509 participants in North Carolina, 6.7x the typical North Carolina plan (state average ~819 per filing). Assets: $140M.
- #16,785
- in Manufacturing (18,722 peers)
- +15.2%
- assets growth YoY
- 1.4×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$140,377,214 Top 7% higher than 93% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Butterball, LLC Salary & Hourly 401(k) 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. Butterball, LLC Salary & Hourly 401(k) Plan lands in the large band (5,509 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Butterball, LLC Salary & Hourly 401(k) Plan reported net income rose from -$31M in the plan year 2022 filing to $19M in the plan year 2023 filing.
- Butterball, LLC Salary & Hourly 401(k) Plan end-of-year assets rose from $122M in the plan year 2022 filing to $140M in the plan year 2023 filing.
- Butterball, LLC Salary & Hourly 401(k) Plan reported participants fell from 6,187 in the plan year 2022 filing to 5,509 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 561458630 · Butterball, LLC PY 2023 · 401(k)
Butterball, LLC Salary & Hourly 401(k) Plan · $140M · 5,509 · 93rd
- EIN $140M
- EIN 5,509
- EIN 93rd
- EIN 401(k)
- EIN near Genesis Employer Contribution Plan
- EIN ind #16785
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
North Carolina filing particulars
| Total Assets (Beginning of Year) | $122M |
|---|---|
| Net Assets (End of Year) | $140M |
| Net Income | $19M |
| Employer EIN | 561458630 |
| Plan Effective Date | 2006-11-02 |
| Filing Status | FILING 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
| 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.
- The Bank of America 401(k) Plan $54.8B · 173,899
- Honeywell 401(k) Plan $15.4B · 40,004
- Duke Energy Retirement Savings Plan $10.4B · 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174
Scale composition for Butterball, LLC Salary & Hourly 401(k) Plan
Butterball, LLC Salary & Hourly 401(k) Plan reports $140M in end-of-year assets across 5,509 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $25,481 per participant (18% of the national average assets-per-participant) . Net income for plan year 2023 was $19M.
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 | Open filing |
| 2023 | 5,509 | $140M | This page |
| 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)
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 Genesis Employer Contribution Plan in IA ($140M); by covered participants it is Ps 401(k) Profit Sharing Plan in CA (5,509 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($140M here).
- Genesis Employer Contribution Plan (IA) $140M · 4,651
- Regency Centers 401(k) Profit Sharing Plan (FL) $140M · 475
- Holiday Inn Club Vacations Incorporated Retirement Plan (FL) $140M · 4,477
- Dmt Solutions Global Corporation Retirement Plan (CT) $140M · 990
Similar participant headcount
Nearest other-state filings by covered participants (5,509 participants); asset peers above are excluded.
- Ps 401(k) Profit Sharing Plan (CA) 5,509 · 0 off
- Sierra Pacific Ind Employees' Retirement Plan (CA) 5,510 · 1 off
- Tandym Group Holdings, LLC (NY) 5,511 · 2 off
- Angels of Care 401(k) Plan (TX) 5,503 · 6 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.