# Smithfield Foods, INC. DB Plan
Source: https://planprovider.pro/companies/smithfield-foods-inc-plan-001-5861

> Smithfield Foods, INC.'s DB plan: 7,204 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Smithfield Foods, INC.

- **Sponsor EIN:** 520845861

- **Sponsor Address:** 200 COMMERCE ST, SMITHFIELD, VA, 23430

- **Plan Type:** DB

- **Total Participants:** 7,204

- **Total Assets:** $1.4B

## 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|7,204|$1.4B|$44.7M|$0|

| 2023|8,183|$1.4B|$18.7M|$0|

| 2022|9,484|$1.3B|$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|

| KREISCHER MILLER|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [KREISCHER MILLER](https://planprovider.pro/provider/kreischer-miller) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$2,231,928|—|—|—|—|

| 2023|$2,642,815|—|—|—|—|

| 2022|$3,277,462|—|—|—|—|

## Similar Plans

- [Smithfield Foods, INC.](https://planprovider.pro/companies/smithfield-foods-inc-plan-003) — 6,694 participants

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