Retirement plan

TYSON FOODS, INC. RETIREMENT SAVINGS PLAN

Name: TYSON FOODS, INC. - TYSON FOODS, INC. RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: TYSON FOODS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TYSON FOODS, INC. RETIREMENT SAVINGS PLAN, TYSON FOODS, INC.

TYSON FOODS, INC.EIN 71-0225165Plan #004PY 2024

2200 W. DON TYSON PARKWAY - SPRINGDALE, AR 72762479-290-5000tysonfoods.comLinkedIn10001+ employeesfood production

Prospect flagsLow returnsLow participationCorrective distributions

Top hat statement on fileNQDC

Filed October 18, 2004 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$3735.4M

+5.5% from 2023

Total participants

128,426

-2.7% from 2023

Average account balance

$58,983

+11.8% from 2023

Annual return

11.42%

-2.73 pp from 2023

Benchmarks

See 1,248 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants>=10,000

Cohort1,248 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$3.74B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$59K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

63,329

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

45.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$327.07M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.42%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$80

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
PARNASSUS1 year Filed as: PARNASSUS INVESTMENTS LLC Service code 28 · EIN 87-2269073	Investment Management	$799,086
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 37 · EIN 04-2647786	Loan Processing	$760,270
NORTHWEST INVESTMENT CONSULTING1 year Filed as: NORTHWEST INVESTMENT CONSULTING, I Service code 15 · EIN 91-2090931	Recordkeeping	$293,662
INVESCO1 year Filed as: INVESCO ADVISERS INC Service code 28 · EIN 58-1707262	Investment Management	$240,957
AON CONSULTING1 year Filed as: AON CONSULTING INC Service code 16 · EIN 22-2232264	Consulting	$105,719
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB TRUST BANK Service code 49 · EIN 82-3967259	Other Services	$37,093
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Filed as: MCCONNELL & JONES LLP Service code 10 · EIN 76-0488832	Accounting	$29,730

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$5.0M

$43 / participant

Recordkeeping$2M45.6%
Investment mgmt$3M52.1%
Contract admin$8K0.1%
Other / not subdivided$110K2.2%

% of EOY assets

0.135%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MCCONNEL & JONES LLP
Auditor EIN: 760488832
Audit fees: $29,730
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,983

$106,553-44.6%

$120,524-51.1%

$106,553-44.6%

Participation rate

45.0%

69.8%-24.8pp

71.9%-26.9pp

69.8%-24.8pp

Annual return

11.42%

17.37%-5.9pp

107.36%-95.9pp

17.37%-5.9pp

Employer contribution / active EE

$973

$3,359-71.0%

$3,469-72.0%

$3,359-71.0%

Participant deferral / active EE

$1,789

$5,562-67.8%

$4,994-64.2%

$5,562-67.8%

Admin fee / account holder

$80

$800%

$9,440-99.2%

$800%

Provider

Service type

Compensation

PARNASSUS1 year

Filed as: PARNASSUS INVESTMENTS LLC

Service code 28 · EIN 87-2269073

Investment Management

$799,086

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 37 · EIN 04-2647786

Loan Processing

$760,270

NORTHWEST INVESTMENT CONSULTING1 year

Filed as: NORTHWEST INVESTMENT CONSULTING, I

Service code 15 · EIN 91-2090931

Recordkeeping

$293,662

INVESCO1 year

Filed as: INVESCO ADVISERS INC

Service code 28 · EIN 58-1707262

Investment Management

$240,957

AON CONSULTING1 year

Filed as: AON CONSULTING INC

Service code 16 · EIN 22-2232264

Consulting

$105,719

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB TRUST BANK

Service code 49 · EIN 82-3967259

Other Services

$37,093

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Filed as: MCCONNELL & JONES LLP

Service code 10 · EIN 76-0488832

Accounting

$29,730

TYSON FOODS, INC. RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TYSON FOODS, INC. RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion