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Sponsor portfolioWelfare / HealthEIN 41-0319970

HORMEL FOODS CORPORATION

1 HORMEL PLACE · AUSTIN, MN 55912
5074375481
Plans filed
7
Years active
2015–2025
Industry
NAICS 31
Latest filing
2025
Total premiums (latest)
$8.8M
No prior year
Persons covered
35,182
No prior year
Total participants
21,318
No prior year
Plans filed
7
No prior year

Plans under this sponsor

7 plans
Plan #503$8.8M
HORMEL FOODS CORPORATION COMPREHENSIVE WELFARE BENEFIT PLAN
Mixed35,182 covered·3 carriers
Primary: METROPOLITAN LIFE INSURANCE COMPANY
Plan #514$0
HORMEL FOODS CORPORATION RETIREE HEALTH CARE PLAN
Self-funded0 covered·0 carriers
Plan #515$0
HORMEL FOODS CORPORATION RETIREE HEALTH CARE PLAN FOR BARGAINING UNIT EMPLOYEES
Self-funded0 covered·0 carriers
Plan #501$0
JENNIE-O TURKEY STORE COMPREHENSIVE MEDICAL HEALTH CARE PLAN
Self-funded0 covered·0 carriers
Plan #510$0
JENNIE-O TURKEY STORE DENTAL PLAN
Self-funded0 covered·0 carriers
Plan #505$0
JENNIE-O TURKEY STORE FLEXIBLE BENEFIT PLAN
Self-funded0 covered·0 carriers
Plan #508$0
JENNIE-O TURKEY STORE VISION SERVICE PLAN
Self-funded0 covered·0 carriers

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Other$6.5M45.8%
Life$5.6M39.6%
Long-term disability$2.1M14.6%

Carrier overview

2 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
METROPOLITAN LIFE INSURANCE COMPANY
EIN 222342710
LLTDOth
$7.7M88.2%1435,182
RELIASTAR LIFE INSURANCE COMPANY
EIN 410451140
Oth
$1.0M11.8%116,214

Broker overview

4 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
STRATEGIC NON-MEDICAL SOLUTIONS LLCBOSTON, MAMETROPOLITAN LIFE INSURANCE COMPANY$243K$267K$509K77.9%1
BROWN & BROWN INSURANCE SERVICESMINNEAPOLIS, MNRELIASTAR LIFE INSURANCE COMPANY, METROPOLITAN GENERAL INSURANCE COMPANY$79K$108$79K12.1%1
BENE RE LLCTOLEDO, OHRELIASTAR LIFE INSURANCE COMPANY$0$62K$62K9.5%1
HAYS COMPANIES, INC.MINNEAPOLIS, MNMETROPOLITAN GENERAL INSURANCE COMPANY$3K$660$4K0.6%1

History & trajectory

11 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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