Hormel Foods Corporation
50
Plan:
Capital Accumulation Plan
36
60
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (50) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $233,900 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
Capital Accumulation Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Participation Rate. Capital Accumulation Plan currently has over 2,000 active participants and over $33.5M in plan assets.
Retirement Plan Details
| Address |
1001 S Main St
Rochelle, IL 61068-2189 |
| Industry | Manufacturing |
| Administrator | James W. Doyle |
| Sponsor | Brian D. Johnson Asst. Secretary |
| Net Plan Assets | $33,500,000 |
| Total Participants | 2,100 |
| Avg Account Balance | $19,000 |
Compare Other Companies in Peer Group
| American Pacific | 76.3 |
| Kasa Companies | 60.7 |
| Hormel Foods | 54.6 |
| Hormel Foods | 53.9 |
| MTC Distributing | 50.1 |
| Dakota Tube | 44.1 |
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