Plan Snapshot
- Plan Sponsor: Tyson Foods, INC.
- Sponsor EIN: 710225165
- Sponsor Address: 2200 W. DON TYSON PARKWAY, SPRINGDALE, AR, 72762
- Plan Type: 401(k)
- Total Participants: 118,435
- Total Assets: $3.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 118,435 | $3.7B | $115.2M | $211.9M |
| 2023 | 118,403 | $3.5B | $111.8M | $209.9M |
| 2022 | 113,806 | $3.2B | $114.3M | $214.9M |
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 |
|---|---|---|---|---|
| PARNASSUS INVESTMENTS LLC | INVESTMENT MANAGER | $799,086 | — | $799,086 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $760,270 | — | $760,270 |
| NORTHWEST INVESTMENT CONSULTING, I | RECORDKEEPER/CONSULTANT | $293,662 | — | $293,662 |
| INVESCO ADVISERS INC | INVESTMENT MANAGEMENT | $240,957 | — | $240,957 |
| AON CONSULTING INC | CONSULTANT | $105,719 | — | $105,719 |
| CHARLES SCHWAB TRUST BANK | PLAN ADMINISTRATOR | $37,093 | — | $37,093 |
| MCCONNELL & JONES LLP | ACCOUNTANT/AUDITOR | $29,730 | — | $29,730 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- NORTHWEST INVESTMENT CONSULTING, I — RECORDKEEPER/CONSULTANT
- AON CONSULTING INC — CONSULTANT
- CHARLES SCHWAB TRUST BANK — PLAN ADMINISTRATOR
- MCCONNELL & JONES LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,266,517
- Estimated Expense Ratio: 0.061% 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 | $5,044,965 | $2,627,660 | $7,500 | $29,730 | — |
| 2023 | $3,999,881 | $491,940 | $127,870 | $24,500 | — |
| 2022 | $4,021,035 | $486,724 | $3,445,194 | — | — |