Smithfield Foods, Inc.
51
Plan:
22
61
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (51) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
17 additional years of work Up to $219,300 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
John Morrell & Co. Salaried Employees Incentive Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. This plan is in the top 15% of plans for Total Plan Cost. John Morrell & Co. Salaried Employees Incentive Savings Plan currently has over 5,000 active participants and over $81.7M in plan assets.
Retirement Plan Details
| Address |
Po Box 9002
Smithfield, VA 23431-9002 |
| Industry | Manufacturing |
| Administrator | Mary Fisher |
| Net Plan Assets | $81,700,000 |
| Total Participants | 5,100 |
| Avg Account Balance | $18,000 |
Compare Other Companies in Peer Group
| Glanbia Foods | 70.4 |
| Flowers Foods | 60.5 |
| Leprino Foods Company | 60.1 |
| Kansas City Steak Company, LLC | 45.8 |
| Lakeview Farms | 33.5 |
| Southern Hens | 33.2 |
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