Original filing (PDF)20250811143935NAL0004002755001

HORMEL FOODS CORPORATION

Name: HORMEL FOODS CORPORATION — HORMEL FOODS CORPORATION HOURLY EMPLOYEES' PENSION PLAN, Form 5500 (2023)
Creator: HORMEL FOODS CORPORATION

Form 5500

FILING_RECEIVED

HORMEL FOODS CORPORATION HOURLY EMPLOYEES' PENSION PLAN

Defined-benefit pension plan

Signals · 1

9 service providers

Active participants

2,780

Accounts w/ balance

—

Plan assets (EOY)

$332.5M

Net assets (EOY)

$332.5M

How this plan invests

This plan

1 collective trust

Schedule D

Individual securities

on each trust's filing

This plan doesn't hold securities directly — it invests through trusts. Click a trust below to drill into its securities.

Plan health score

/ 100

Grade C

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 80% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

Plan health

n/a

Vendor & structure

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for HORMEL FOODS CORPORATION.

Plan sponsor

Name

HORMEL FOODS CORPORATION

EIN

41-0319970

Address

1 HORMEL PLACE · AUSTIN, MN · 559123680

Phone

(507) 437-5481

Industry

Manufacturingsee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

002

Plan year

2023

Plan year begin

2023-10-30

Tax period

2024-10-27

Filed

2025-08-11

Pension benefit codes

1B · Flat-dollar DB formula

3H · Sponsor in controlled / affiliated group

Audit & trust (Schedule H)

Auditor

ERNST & YOUNG LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

9 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
CBIZ RETIREMENT PLAN SERVICES	58-2194059	—	NONE	$208K	—

Accountant / Auditor

Name	EIN	Location	Relation	Direct comp	Indirect comp
ERNST & YOUNG LLP	34-6565596	—

Investments

1 pooled fund· $332.5M(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

			% of plan
HFC MASTER DEFINED BENEFIT TRUST HORMEL FOODS CORPORATION · EIN 27-1536054 / PN 001	Master Trust	$332.5M	100.0%

1–1 of 1

Related plans

Other plans using MEKETA FIDUCIARY MANAGEMENT

BOARD OF TRUSTEES LABORERS PENSION TRUST FUND FOR NORTHERN CALIFORNIA

LABORERS PENSION TRUST FUND FOR NORTHERN CALIFORNIA

$5.5B · 20,573 participants

HORMEL FOODS CORPORATION

HORMEL FOODS CORPORATION TAX DEFERRED INVESTMENT PLAN A *

$1.2B · 4,987 participants

HORMEL FOODS CORPORATION

HORMEL FOODS CORPORATION PENSION PLAN

$984.9M · 7,494 participants

BOARD OF TRUSTEES, PENSION FUND OF LOCAL NO. ONE OF I.A.T.S.E.

PENSION FUND OF LOCAL NO. ONE OF I. A. T. S. E.

$664.8M · 2,260 participants

Name	EIN	Location	Relation	Direct comp	Indirect comp
MEKETA FIDUCIARY MANAGEMENT	47-2126910	—	NONE	$493K	—
US BANK NA	31-0841368	—	NONE	$127K	—
CURCIO WEBB	36-4171366	—	NONE	$64K	—
WILLIS TOWERS WATSON	52-1868818	—	NONE	$50K	—
PENSION BENEFIT INFORMATION	82-4722389	—	NONE	$34K	—
DORSEY & WHITNEY LLP	41-0223337	—	NONE	$25K	—
VIA ACTUARIAL	41-1894458	—	NONE	$10K	—