Prestage Farms, Inc. 401(k) Plan: Login, Facts & Contact Information

Prestage Farms, Inc. 401(k) Plan Facts

Plan name
PRESTAGE FARMS EMPLOYEES 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PRESTAGE FARMS, INC.
Participants
2,427 (2,343 active employees)
Former employees with a balance
195
Plan assets
$96,790,705 at Dec 31, 2024
Average account balance
$39,571 across 2,446 accounts
Employer contributions
$3,405,004 in plan year 2024 (33% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1987
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 30, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $10.5 million went into the plan in contributions, $3.41 million of it from the employer (33%).
  • $10.6 million was paid out to participants.
  • Investment and other income added $13.2 million.
  • Administrative expenses were $306,666, about $125 per account.

How the Prestage Farms, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,671$65.0 million$1.26 million$2.50 million
20201,875$74.6 million$1.58 million$7.24 million
20212,215$86.1 million$1.66 million$6.22 million
20222,296$72.1 million$1.72 million$6.30 million
20232,276$84.0 million$2.80 million$10.4 million
20242,427$96.8 million$3.41 million$10.6 million

Prestage Farms, Inc. 401(k) Contact Information

Phone
910-596-5757
Mailing address
4561 TAYLORS BRIDGE HIGHWAY P. O. BOX 438, CLINTON NC 28328
Plan sponsor
PRESTAGE FARMS, INC.
Employer identification number (EIN)
56-1368357
Plan number
001

Questions about the Prestage Farms, Inc. 401(k)

Does Prestage Farms, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.41 million, 33% of all contributions.

Does the Prestage Farms, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Prestage Farms, Inc 401(k) plan?

2,427 participants at the start of plan year 2024, 2,343 of them active employees, and 195 former employees who still had money in the plan.

What is the average 401(k) balance at Prestage Farms, Inc?

About $39,571 per account: $96.8 million in plan assets across 2,446 accounts with a balance at the end of plan year 2024.

Who manages the Prestage Farms, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Prestage Farms, Inc. How do I access my 401(k)?

Your account stays with Principal 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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