Sanderson Farms, Inc. 401(k) Plan (terminated 2022): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2022, when $282.5 million was transferred out of the plan. Assets moved to the WAYNE-SANDERSON FARMS 401(K) RETIREMENT PLAN (sponsored by WAYNE FARMS LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the WAYNE-SANDERSON FARMS 401(K) RETIREMENT PLAN →Sanderson Farms, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2022 filing.
Sanderson Farms, Inc. 401(k) Plan Facts (plan year 2022)
Source: Form 5500 for plan year 2022 (Nov 1, 2022 – Mar 31, 2023), filed Oct 4, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $20.3 million went into the plan in contributions, $1.30 million of it from the employer (6%).
- $7.54 million was paid out to participants.
- Investment and other income added $1.73 million.
How the Sanderson Farms, Inc. 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 9,129 | $180.0 million | $10.1 million | $17.4 million |
| 2018 | 13,644 | $208.1 million | $11.0 million | $19.7 million |
| 2019 | 15,059 | $239.9 million | $12.2 million | $19.1 million |
| 2020 | 15,034 | $317.0 million | $13.3 million | $28.9 million |
| 2021 | 15,114 | $268.3 million | $13.5 million | $40.4 million |
| 2022 (final) | 15,620 | $0 | $1.30 million | $7.54 million |
Sanderson Farms, Inc. 401(k) Contact Information
Questions about the Sanderson Farms, Inc. 401(k)
Is the Sanderson Farms, Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the WAYNE-SANDERSON FARMS 401(K) RETIREMENT PLAN.
Does Sanderson Farms, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $1.30 million, 6% of all contributions.
Does the Sanderson Farms, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Sanderson Farms, Inc 401(k) plan?
15,620 participants at the start of plan year 2022.
Who manages the Sanderson Farms, Inc 401(k) accounts?
Milliman (listed on the filing as MILLIMAN, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.