Defined Benefit (Pension) · DOL Form 5500 · 2023

Flowers Foods, Inc. Pension Plan

Data updated 2026-08-11

$29M
Total assets
238
Participants
79th
Percentile by assets
$123,546
Avg per participant
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Official DOL plan name: Flowers Foods, Inc. Retirement Plan No. 2 · Sponsored by Flowers Foods, Inc. · Georgia · Manufacturing

$29M in assets, 238 participants

Flowers Foods, Inc.'s Flowers Foods, Inc. Retirement Plan No. 2 reported $29M in total assets and 238 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • 79th percentile by assets (of 127,072 plans)
  • #13,241 in Manufacturing (18,722 peers)

Coverage in Georgia

Flowers Foods, Inc. Retirement Plan No. 2 covers 238 participants in Georgia, about 22% of the average Georgia filer (state average ~1,096 per filing). Assets: $29M.

$29M
total plan assets (2023 EOY)
238
covered participants
79th
percentile by assets (of 127,072 plans)
$123,546
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Flowers Foods, Inc. Retirement Plan No. 2 reported net income rose from -$5M in the plan year 2022 filing to $331K in the plan year 2023 filing.
  • Flowers Foods, Inc. Retirement Plan No. 2 reported participants rose from 232 in the plan year 2022 filing to 238 in the plan year 2023 filing.
  • Flowers Foods, Inc. Retirement Plan No. 2 end-of-year assets rose from $29M in the plan year 2022 filing to $29M 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. Retirement Plan No. 2 reports 238 participants - about 22% of that state average ($29M EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$29M
Net Income$331K
Employer EIN582582379
Plan Effective Date1989-01-01
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 Defined Benefit (Pension) Plans in Georgia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Flowers Foods, Inc. Retirement Plan No. 2 vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants

Flowers Foods, Inc. Retirement Plan No. 2 vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -505101520 Total assets ($B) Participants Flowers Foods, Inc. …The Southern Company…UPS/Ibt Full-Time Em…UPS Pension PlanCox Enterprises, Inc…Delta Retirement Plan
Flowers Foods, Inc. Retirement Plan No. 2 vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Flowers Foods, Inc. Retirement Plan No. 2 by total assets, not by location.

Frequently Asked Questions

How did Flowers Foods, Inc. Retirement Plan No. 2 assets move in 2023?
Flowers Foods, Inc. Retirement Plan No. 2 edged up modestly - up 1.1% during 2023, from $29M to $29M. Reported net income was $331K.
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. Retirement Plan No. 2 rank by assets among Form 5500 filers?
Flowers Foods, Inc. Retirement Plan No. 2 ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Flowers Foods, Inc. Retirement Plan No. 2?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Field Packing Company 2010 Restated Retirement Plan in KY ($29M, 368 participants).

Next read for Flowers Foods, Inc. Retirement Plan No. …

Filing takeaways

Ways to act on Flowers Foods, Inc. Retirement Plan No. 2's numbers.

  • By total assets, Flowers Foods, Inc. Retirement Plan No. 2 ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) 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