v3.26.1
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 12 Months Ended
Dec. 31, 2025
EBP 050  
EBP, Schedule of Asset Held for Investment [Line Items]  
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
Hormel Foods Corporation
Tax Deferred Investment Plan A
 
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
EIN: 41-0319970    Plan Number: 050

December 31, 2025
 
Identity of Issuer, Borrower,
Lessor, or Similar Party		Number of
Shares/Units Held		Current
Value
   
Insurance company general account:  
Empower Retirement, LLC*:  
General Investment Account, contract value$127,526,254 
Mutual funds
Fidelity Global EX US Index1,979,570 units36,938,782 
Fidelity Small Cap Index1,477,564 units45,701,053 
Global Equity Fund LSV Global Value1,164,122 units17,038,830 
Total mutual funds99,678,665 
 
Non-pooled separate account:
Empower Trust Company, LLC*:
Hormel Foods Corporation Stock Fund*1,000,303 units57,724,827 
 
Separate trust accounts:
Empower Trust Company, LLC*:
BlackRock Equity Index S&P 5004,346,055 units228,923,305 
BlackRock LifePath Index 20302,834,663 units66,126,127 
BlackRock LifePath Index 20352,716,680 units70,400,914 
BlackRock LifePath Index 20402,709,782 units77,103,763 
BlackRock LifePath Index 20452,332,910 units71,846,642 
BlackRock LifePath Index 20501,853,279 units60,286,327 
BlackRock LifePath Index 20551,859,963 units61,780,003 
BlackRock LifePath Index 20601,530,107 units42,453,536 
BlackRock LifePath Index 2065913,986 units13,615,399 
BlackRock LifePath Index 207073,313 units867,147 
BlackRock LifePath Index Retirement2,859,108 units53,669,978 
BlackRock US Debt Index1,016,922 units12,900,387 
Global Equity Fund CIT10,617,824 units153,349,469 
Core Plus Bond Fund2,351,440 units24,176,190 
Total separate trust accounts937,499,188 
 
Self-directed brokerage assets
Charles Schwab & Co.35,013,339 
 
Promissory notes*
Varying maturity dates with interest rates ranging from 4.25% to 10.50%
14,818,853 
Total assets (held at end of year)$1,272,261,126 
 *Indicates a party-in-interest to the Plan.