Hormel Foods Corporation 401(k) Plan: Login, Facts & Contact Information
Hormel Foods Corporation 401(k) Login
1,467 former Hormel Foods Corporation employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Hormel Foods Corporation 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 19, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $71.0 million went into the plan in contributions, $20.7 million of it from the employer (29%).
- $118.7 million was paid out to participants.
- Investment and other income added $125.8 million.
- Administrative expenses were $432,904, about $65 per account.
How the Hormel Foods Corporation 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 5,922 | $1.02 billion | $14.8 million | $51.2 million |
| 2020 | 6,079 | $1.18 billion | $16.9 million | $72.0 million |
| 2021 | 6,384 | $1.02 billion | $17.4 million | $84.0 million |
| 2022 | 6,933 | $1.04 billion | $7.58 million | $17.5 million |
| 2023 | 7,010 | $1.08 billion | $16.2 million | $117.3 million |
| 2024 | 7,305 | $1.16 billion | $20.7 million | $118.7 million |
Hormel Foods Corporation 401(k) Contact Information
Questions about the Hormel Foods Corporation 401(k)
Does Hormel Foods Corporation contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $20.7 million, 29% of all contributions.
Does the Hormel Foods Corporation 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Hormel Foods Corporation 401(k) plan?
7,305 participants at the start of plan year 2024, 4,987 of them active employees, and 1,467 former employees who still had money in the plan.
What is the average 401(k) balance at Hormel Foods Corporation?
About $174,477 per account: $1.16 billion in plan assets across 6,652 accounts with a balance at the end of plan year 2024.
Who manages the Hormel Foods Corporation 401(k) accounts?
Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Hormel Foods Corporation. How do I access my 401(k)?
Your account stays with Empower 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.