Plan Snapshot
- Plan Sponsor: Smithfield Foods, INC.
- Sponsor EIN: 901504662
- Sponsor Address: 200 COMMERCE STREET, SMITHFIELD, VA, 23430
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $1.5B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $1.5B | $0 | $0 |
| 2023 | 0 | $1.6B | $0 | $0 |
| 2022 | 0 | $1.5B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BLACKROCK FINANCIAL MGMT, INC. | Other Service Provider | $655,892 | — | $655,892 |
| GOLDMAN SACHS ASSET MANAGEMENT | Investment Advisor | $480,315 | — | $480,315 |
| NISA INVESTMENT ADVISORS | Other Service Provider | $121,478 | — | $121,478 |
| DRA GROWTH AND INCOME FUND | Other Service Provider | $90,987 | — | $90,987 |
| PRINCIPAL GLOBAL | Other Service Provider | $76,658 | — | $76,658 |
| STEP STONE GROUP | Other Service Provider | $75,000 | — | $75,000 |
| MORGAN STANLEY INVESTMENT MGMT | Other Service Provider | $71,234 | — | $71,234 |
| HARRISON STREET CORE PROPERTY | Other Service Provider | $69,944 | — | $69,944 |
| PEG GLOBAL PRIVATE EQUITY VII | Other Service Provider | $57,634 | — | $57,634 |
| VANBERKOM AND ASSOCIATES INC. | Other Service Provider | $46,420 | — | $46,420 |
| ALLSPRING INTERMEDIATE II LLC | Other Service Provider | $40,902 | — | $40,902 |
| GOLDMAN VINTAGE IX | Investment Advisor | $9,997 | — | $9,997 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GOLDMAN SACHS ASSET MANAGEMENT — Investment Advisor
- GOLDMAN VINTAGE IX — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,796,461
- Estimated Expense Ratio: 0.118% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,495,775 | $1,729,096 | — | — | — |
| 2023 | $2,945,269 | $2,205,934 | — | — | — |
| 2022 | $3,664,738 | $2,837,366 | — | — | — |