Hormel Foods Corporation401(k) + ESOP (KSOP)

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Hormel Foods Corporation reported $402,428 in plan administrative expenses for 2025: 0.03% of average plan assets, below the peer median. Employer contributions averaged $4,345 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio rose from 0.00% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other manufacturing employers. By assets it is the 34th-largest of 1,918 plans among Minnesota employers on file, and the 260th of 13,661 in manufacturing. In 2025, employees put in $2.31 for every $1.00 the employer contributed.