Del Monte Foods, Inc. 401(k) Plan: Login, Facts & Contact Information

Del Monte Foods, Inc. 401(k) Plan Facts

Plan name
DEL MONTE FOODS, INC. SAVER PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DEL MONTE FOODS, INC.
Participants
860 (694 active employees)
Former employees with a balance
163
Plan assets
$33,258,446 at Dec 31, 2023
Average account balance
$69,144 across 481 accounts
Employer contributions
$493,971 in plan year 2023 (27% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Feb 28, 2014
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 15, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $1.82 million went into the plan in contributions, $493,971 of it from the employer (27%).
  • $5.87 million was paid out to participants.
  • Investment and other income added $5.07 million.
  • Administrative expenses were $50,375, about $105 per account.

How the Del Monte Foods, Inc. 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20181,925$43.7 million$1.53 million$8.39 million
20191,454$49.9 million$1.40 million$6.21 million
20201,037$43.0 million$509,050$13.9 million
2021868$42.1 million$359,581$7.93 million
2022853$32.3 million$442,110$5.14 million
2023860$33.3 million$493,971$5.87 million

Del Monte Foods, Inc. 401(k) Contact Information

Phone
925-949-2772
Mailing address
205 NORTH WIGET LANE, WALNUT CREEK CA 94598
Plan sponsor
DEL MONTE FOODS, INC.
Employer identification number (EIN)
46-3991361
Plan number
003

Questions about the Del Monte Foods, Inc. 401(k)

Does Del Monte Foods, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $493,971, 27% of all contributions.

Does the Del Monte Foods, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Del Monte Foods, Inc 401(k) plan?

860 participants at the start of plan year 2023, 694 of them active employees, and 163 former employees who still had money in the plan.

What is the average 401(k) balance at Del Monte Foods, Inc?

About $69,144 per account: $33.3 million in plan assets across 481 accounts with a balance at the end of plan year 2023.

Who manages the Del Monte Foods, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Del Monte Foods, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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