DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

Hormel Foods Corporation Hourly Employees' Pension Plan

Corporate pensionAustin, MN
Assets
$351M
Total assets, Oct 26, 2025 reported
Funded
104.1%
Oct 28, 2024
Private markets target
n/a
policy Oct 26, 2025
Commitments
0
none on the tape
Plan sponsor: Hormel Foods Corporation
Allocation policy
Form 5500, as of Oct 26, 2025
Actual allocation lines without a target (as filed)
  • Master trust investment accounts 100.0%
Consultants and advisers
7 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
7 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
33 readings
Total assets
$351M Oct 26, 2025 reported Form 5500
$333M (2024-10) · $297M (2023-10)
Plan assets
$335M Oct 28, 2024 reported Form 5500
$299M (2023-10) · $314M (2022-10)
Net assets
$351M Oct 26, 2025 reported Form 5500
$333M (2024-10) · $297M (2023-10)
Funded ratio
104.1% Oct 28, 2024 reported Form 5500
109.2% (2023-10) · 119.2% (2022-10)
Funding target
$273M Oct 28, 2024 reported Form 5500
$278M (2023-10) · $269M (2022-10)
Discount rate
5.42% Oct 28, 2024 reported Form 5500
5.31% (2023-10) · 5.47% (2022-10)
Participants
7,619 Oct 28, 2024 reported Form 5500
8,252 (2023-10) · 8,314 (2022-10)
Contributions
$0 Oct 26, 2025 reported Form 5500
$0 (2024-10) · $0 (2023-10)
Benefits paid
$17.5M Oct 26, 2025 reported Form 5500
$17.4M (2024-10) · $17.5M (2023-10)
Net investment income
$18.4M Oct 26, 2025 reported Form 5500
$35.7M (2024-10) · $-17.1M (2023-10)
Investment management fees
$880,159 Oct 26, 2025 reported Form 5500
$924,125 (2024-10) · $1.0M (2023-10)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Oct 26, 20257,619$335M$273M104.1%$351Mn/a$351Mn/a
2023 to Oct 27, 20248,252$299M$278M109.2%$333Mn/a$333Mn/a
2022 to Oct 29, 20238,314$314M$269M119.2%$297Mn/a$297Mn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
5 events
  • Oct 28, 2024Funded status changed
    Hormel Foods Corporation Hourly Employees' Pension Plan funded ratio 109.2% -> 104.1% (2023-10-30 to 2024-10-28)
  • Oct 28, 2024Assets changed
    Hormel Foods Corporation Hourly Employees' Pension Plan plan assets $299M -> $335M (+12.0%, 2023-10-30 to 2024-10-28)
  • Oct 27, 2024Assets changed
    Hormel Foods Corporation Hourly Employees' Pension Plan total assets $297M -> $333M (+12.0%, 2023-10-29 to 2024-10-27)
  • Dec 31, 2023Consultant changedinference
    Curcio Webb appears on Hormel Foods Corporation Hourly Employees' Pension Plan's Schedule C as general consultant (plan year 2023 vs 2022)
    with Curcio Webbaskebsa.dol.gov
  • Oct 30, 2023Funded status changed
    Hormel Foods Corporation Hourly Employees' Pension Plan funded ratio 119.2% -> 109.2% (2022-10-31 to 2023-10-30)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 410319970-002
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.