401(k) · DOL Form 5500 · 2023
Butterball, LLC 401(k) Plan
Data updated 2026-08-11
- $140M
- Total assets
- 5,509
- Participants
- 93rd
- Percentile by assets
- $25,481
- Avg per participant
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.
- 93rd percentile by assets (of 127,072 plans)
- #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.
- $140M
- total plan assets (2023 EOY)
- 5,509
- covered participants
- 93rd
- percentile by assets (of 127,072 plans)
- $25,481
- avg assets per participant
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 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
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.
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 5,509 participants - 6.7x that state average ($140M EOY assets).
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)
| 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 $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)
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.
- 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
Frequently Asked Questions
How did Butterball, LLC Salary & Hourly 401(k) Plan assets move in 2023? ▼
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