Butterball 401(k) and pension plans

Butterball, LLC, Garner, NC. EIN 56-1458630. Annual reports 2009–2024.

Butterball, LLC has 2 active retirement plans on file. The largest is the Butterball, LLC Salary & Hourly 401(k) Plan, with 7,544 participants and $156 million in assets in 2024. Fidelity has been its recordkeeper since 2022.

Active plans: 2
Participants: 8,491
Plan assets: $189 million
401(k) recordkeeper: Fidelity
Plans on file: 3
Industry: Manufacturing

All 3 plans

Active plans first

Butterball, LLC Salary & Hourly 401(k) Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 003Employer EIN 56-1458630
Participants (2024): 7,544
Net assets (2024): $156 million
Recordkeeper: FidelityEarlier: Milliman (2013–2021)
Plan administrator: Butterball, LLC
One Butterball Lane
Garner, NC 27529
(919) 255-7900As filed for 2024
In effect since: November 2, 2006

Plans merged into this one: Butterball LLC Hourly Bargaining Unit Employees 401(k) Plan (2022).

Earlier plan names: Butterball LLC Salary & Hourly 401(k) Plan.

Year by year, 2013 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	7,544	$156 million	Fidelity
2023	5,644	$140 million	Fidelity
2022	6,002	$122 million	Fidelity
2021	6,611	$149 million	Milliman
2020	6,420	$132 million	Milliman
2019	6,500	$117 million	Milliman
2018	6,155	$98.2 million	Milliman
2017	6,042	$102 million	Milliman
2016	6,593	$84.8 million	Milliman
2015	5,945	$73.0 million	Milliman
2014	5,155	$68.7 million	Milliman
2013	5,452	$61.7 million	Milliman

Carolina Turkeys Employees' Pension Plan

Pension (defined benefit), frozenActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 001Employer EIN 56-1458630
Participants (2024): 947
Net assets (2024): $33.4 million
Administered by: PrincipalEarlier: Wells Fargo (2015–2019)
Plan administrator: Chairman of the Pension Committee
One Butterball Lane
Garner, NC 27529
(919) 255-7900As filed for 2024
In effect since: November 1, 1986

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	947	$33.4 million	Principal
2023	960	$34.5 million	Principal
2022	975	$30.6 million	Principal
2021	1,291	$38.9 million	Principal
2020	1,317	$52.6 million	Principal
2019	1,347	$55.4 million	Wells Fargo
2018	1,364	$49.9 million	Wells Fargo
2017	1,382	$42.7 million	Wells Fargo
2016	1,393	$43.8 million	Wells Fargo
2015	1,403	$42.3 million	Wells Fargo
2014	1,416	$37.5 million	not listed
2013	2,364	$34.7 million	not listed
2012	2,427	$32.1 million	not listed
2011	2,433	$26.2 million	not listed
2010	2,439	$21.3 million	not listed
2009	2,450	$21.4 million	not listed

Butterball LLC Hourly Bargaining Unit Employees 401(k) Plan

401(k)Merged

Merged. In 2022 its assets moved to the Butterbal LLC Salary & Hourly 401(k) Plan, sponsored by Butterball, LLC (EIN 56-1458630, plan 003). Accounts moved with them, so that plan is the one to contact.

Plan number: 002Employer EIN 56-1458630
Participants (2021): 644
Net assets (2021): $4.8 million
Recordkeeper: Milliman2009–2022
Plan administrator: Butterball, LLC
One Butterball Lane
Garner, NC 27529
(919) 255-7900As filed for 2022
In effect since: November 2, 2006

Earlier plan names: Butterball, LLC Hourly Bargaining Unit Employees 401(k) Plan.

Year by year, 2009 to 2022

Plan year	Participants	Net assets	Recordkeeper
2022	0	$0	Milliman
2021	644	$4.8 million	Milliman
2020	644	$4.4 million	Milliman
2019	589	$3.9 million	Milliman
2018	628	$3.4 million	Milliman
2017	629	$3.6 million	Milliman
2016	611	$3.1 million	Milliman
2015	565	$2.9 million	Milliman
2014	509	$2.9 million	Milliman
2013	526	$3.0 million	Milliman
2012	514	$2.7 million	Milliman
2011	647	$3.0 million	Milliman
2010	773	$2.9 million	Milliman
2009	1,056	$2.4 million	Milliman

If you had money in one of these plans

Call Fidelity (fidelity.com), which runs the Butterball, LLC Salary & Hourly 401(k) Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((919) 255-7900). That number was filed for 2024; ask for the benefits or retirement plan office.
If your plan was merged, your account moved with it. Follow the link on the plan to the plan it went into, and contact that one.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.