Form 5500 · Employee benefit plan · AUSTIN, MN
HORMEL FOODS CORPORATION
Public Form 5500 records show how HORMEL FOODS CORPORATION of AUSTIN, MN, a manufacturing employer, structures its employee benefits. Its broker of record is STRATEGIC NON-MEDICAL SOLUTIONS LLC. Coverage is written through METROPOLITAN LIFE INSURANCE COMPANY and 2 other carriers. The plan's most recent policy period ended in October.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 41-0319970 · plan 503 · as of Aug 2026
Plan brief
Schedule A lists 5 insured contracts covering life and disability; the largest, with METROPOLITAN LIFE INSURANCE COMPANY, covers 35,182 people.
Reported premium across the insured contracts is $8,762,924, with $324,411 in disclosed broker commissions — about 3.7% of premium.
The most recent policy period ended in October, and the plan year ends October 26. Group contracts typically renew on that annual cycle.
STRATEGIC NON-MEDICAL SOLUTIONS LLC is the broker of record on 3 of the 5 contracts; the rest name a different broker or none.
3 carriers appear on the filing — METROPOLITAN LIFE INSURANCE COMPANY, RELIASTAR LIFE INSURANCE COMPANY and METROPOLITAN GENERAL INSURANCE COMPANY — with METROPOLITAN LIFE INSURANCE COMPANY writing the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| METROPOLITAN LIFE INSURANCE COMPANY | Life | 35,182 | October | $5,346,679 | $167,940 |
| RELIASTAR LIFE INSURANCE COMPANY | — | 6,214 | October | $1,034,236 | $72,396 |
| METROPOLITAN LIFE INSURANCE COMPANY | Disability | 14,481 | October | $2,065,465 | $67,307 |
| METROPOLITAN GENERAL INSURANCE COMPANY | — | 452 | October | $80,972 | $9,395 |
| METROPOLITAN LIFE INSURANCE COMPANY | Life | 3,224 | October | $235,572 | $7,373 |
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