Original filing (PDF)20250919135529NAL0001105891001

HORMEL FOODS CORPORATION

Name: HORMEL FOODS CORPORATION — HORMEL FOODS CORPORATION TAX DEFERRED INVESTMENT PLAN B, Form 5500 (2024)
Creator: HORMEL FOODS CORPORATION

Form 5500

FILING_RECEIVED

HORMEL FOODS CORPORATION TAX DEFERRED INVESTMENT PLAN B

401(k) retirement plan

Signals · 2

22% employer stock7 service providers

Active participants

3,221

Accounts w/ balance

3,665

Plan assets (EOY)

$191.6M

Net assets (EOY)

$191.6M

How this plan invests

This plan

18 pooled trusts

Schedule D

8 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Above-average plan

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.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

22% of assets in employer securities.
Bottom-decile employer contributions per participant (8th percentile).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with 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

051

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-09-19

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2O · ESOP (non-leveraged)

2R · Participant-directed brokerage (SDBA)

2S · Automatic enrollment

Service providers (Schedule C)

7 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWER ANNUITY INSURANCE COMPANY	84-0467907	—	NONE	$142K	—

Investment manager

Name	EIN	Location	Relation	Direct comp	Indirect comp
STATE STREET GLOBAL ADVISORS TRUST	81-4017137	—	NONE

Investments

8 direct securities · 18 pooled funds· $204.4M(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.

Common Collective Trust

$98.5M

18 holdings

Other securities

$49.8M

5 holdings

Common Stock

$42.8M

2 holdings

Common Collective Trusts

$13.4M

1 holding

					% of plan
Hormel Foods Corporation Stock Fund	Common Stock	541,185	—	$41.4M	21.6%
General Investment Account, contract value	Other securities	—	—	$39.7M	20.7%
BLACKROCK LIFEPATH INDEX RETIREMENT WILMINGTON TRUST N.A. · EIN 81-2690003 / PN 025	Common Collective Trust	817,702	—	$13.7M	7.1%
Global Equity Fund CIT	Common Collective Trusts	1,125,543	—	$13.4M	7.0%
BLACKROCK LIFEPATH INDEX 2030 WILMINGTON TRUST N.A. · EIN 81-2738688 / PN 253	Common Collective Trust	632,460	—	$12.9M	6.7%
BLACKROCK LIFEPATH INDEX 2035 WILMINGTON TRUST N.A. · EIN 81-2754518 / PN 254	Common Collective Trust	525,138	—	$11.7M	6.1%
BLACKROCK EQUITY INDEX S&P 500 WILMINGTON TRUST N.A. · EIN 81-2838208 / PN 260	Common Collective Trust	240,185	—	$10.7M	5.6%
BLACKROCK LIFEPATH INDEX 2040 WILMINGTON TRUST N.A. · EIN 81-2770621 / PN 255	Common Collective Trust	376,296	—	$9.1M	4.8%
BLACKROCK LIFEPATH INDEX 2045 WILMINGTON TRUST N.A. · EIN 81-2780259 / PN 256	Common Collective Trust	350,882	—	$9.1M	4.7%
BLACKROCK MSCI ASWI IMI INDEX WILMINGTON TRUST N.A. · EIN 38-7271360 / PN 755	Common Collective Trust	—	—	$8.9M	4.7%
BLACKROCK LIFEPATH INDEX 2050 WILMINGTON TRUST N.A. · EIN 81-2796399 / PN 257	Common Collective Trust	257,144	—	$6.9M	3.6%
Promissory notes	Other securities	—	—	$6.8M	3.5%
BLACKROCK LIFEPATH INDEX 2055 WILMINGTON TRUST N.A. · EIN 81-2813610 / PN 258	Common Collective Trust	208,156	—	$5.7M	3.0%
ARTISAN GLOBAL OPPORTUNITIES TRUST SEI TRUST COMPANY · EIN 26-3653822 / PN 021	Common Collective Trust	—	—	$3.0M	1.5%
BLACKROCK LIFEPATH INDEX 2060 WILMINGTON TRUST N.A. · EIN 81-2825083 / PN 025	Common Collective Trust	101,900	—	$2.3M	1.2%
CORE PLUS BOND FUND PRUDENTIAL TRUST COMPANY · EIN 23-6994310 / PN 165	Common Collective Trust	194,152	—	$1.8M	1.0%
ANTIPODES GLOBAL EQUITY SEI INVESTMENTS COMPANY · EIN 86-2356057 / PN 150	Common Collective Trust	—	—	$1.5M	0.8%
Global Equity Fund LSV Global Value	Other securities	123,396	—	$1.5M	0.8%
Charles Schwab & Co.	Common Stock	—	—	$1.4M	0.7%
Fidelity Small Cap Index	Other securities	41,316	—	$1.1M	0.6%
BLACKROCK LIFEPATH INDEX 2065 WILMINGTON TRUST N.A. · EIN 38-4126296 / PN 599	Common Collective Trust	58,978	—	$721K	0.4%
Fidelity Global EX US Index	Other securities	48,082	—	$693K	0.4%
BLACKROCK U.S. DEBT INDEX WILMINGTON TRUST N.A. · EIN 81-2917240 / PN 263	Common Collective Trust	34,496	—	$408K	0.2%
BLACKROCK RUSSELL 2500 INDEX WILMINGTON TRUST N.A. · EIN 81-2868571 / PN 261	Common Collective Trust	—	—	$0	<0.1%
BLACKROCK LIFEPATH INDEX 2025 HWILMINGTON TRUST N.A. · EIN 81-2721934 / PN 252	Common Collective Trust	—	—	$0	<0.1%
BLACKROCK MSCI ACWI EX-U.S. INDEX WILMINGTON TRUST N.A. · EIN 81-2883385 / PN 262	Common Collective Trust	—	—	$0	<0.1%

1–26 of 26

Fund families in this plan

Detected from the parsed Schedule of Assets. Click a family to see every plan that holds it — ranked by position size.

BlackRock / iShares$83.3M Fidelity$1.8M Schwab$1.4M

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Name	EIN	Location	Relation	Direct comp	Indirect comp
MEKETA FIDUCIARY MANAGEMENT LLC	47-2126910	—	NONE	$41K	—
DORSEY & WHITNEY LLP	41-0223337	—	NONE	$19K	—
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