The Campbell's Company 401(k) match: 4% max
The Campbell's Company 401(k) Retirement Plan · CPB · CIK 16732
Transamerica is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Matched to this employer by sponsor name, not by an identifier stated in the filing.
Maximum employer match, as a share of pay
4%
The Campbell's Company matches 100% (dollar-for-dollar) of the first 4% of pay.
From the Form 11-K filed June 24, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What Campbell's puts in, and what the plan costs
What Campbell's put into the plan, per active participant
$5,259
The Campbell's Company put $5,259 into this plan for each of its 13,566 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
Campbell's put in more per active participant than 79% of plans with 5,000+ participants in food, beverage and tobacco manufacturing. The middle plan in that group of 72 reported $2,804. Food, beverage and tobacco comes from business code 311900, which Campbell's entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
What this figure cannot separate: how much Campbell's pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 210419870, plan 008 · DOL EFAST2 ↗
The $5,259 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. The Campbell's Company also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $1,980 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What Campbell's puts in
$1,980
a year, at a $49,500 salary.
The match paragraph, word for word
“Each payroll the Company provides a matching contribution of 100% on up to 4% of an employee’s compensation, as defined in the Plan document, for all eligible participants.”
What you contribute to collect all of it
Contribute at least 4% of your pay to collect the full match.
That is $1,980 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants, except for a limited group of Pacific Foods of Oregon, Inc. employees, are immediately vested in their contributions and in all Company (and prior employer) contributions plus actual earnings thereon.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
40th percentile
$45.16 per participant in plan-paid administrative cost, cheaper than 60% of plans with 5,000+ participants.
What is Campbell's 401(k) match formula?
Campbell's 401(k) employer match tops out at 4% of pay. The match is deposited each payroll. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 100% (dollar-for-dollar) of the first 4% of pay |
|---|---|
| Maximum employer match | 4% of compensation |
| Deposited | Each payroll |
| Other employer contribution | Non-elective retirement contribution of 3% of an employee's compensation each payroll to all eligible employees who are not eligible to participate in the Company-sponsored defined benefit pension plans; effective August 1, 2028, a Company non-elective retirement contribution of 3% of compensation each payroll will also be provided to eligible active salaried non-union employees impacted by the Non-Union defined benefit pension plan freeze |
At a $45,000 salary, contributing 4% ($1,800) earns the full employer match of $1,800 for the year.
What the filing says, word for word
“Each payroll the Company provides a matching contribution of 100% on up to 4% of an employee’s compensation, as defined in the Plan document, for all eligible participants.”
Source: Form 11-K filed June 24, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is Campbell's 401(k) vesting schedule?
Campbell's vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Other employer contributions | Eligible participants from Pacific Foods of Oregon, Inc. who were participants in the Pacific Foods of Oregon, Inc. sponsored 401(k) plan, were not active employees of the Company as of January 1, 2019, and returned to employment with Pacific Foods of Oregon, Inc. after January 1, 2019, do not vest in certain employer contributions previously made by Pacific Foods of Oregon, Inc. under that plan until after three years of vesting service. |
Vesting, word for word
“Participants, except for a limited group of Pacific Foods of Oregon, Inc. employees, are immediately vested in their contributions and in all Company (and prior employer) contributions plus actual earnings thereon.”
Source: Form 11-K filed June 24, 2026, SEC EDGAR · SEC ↗
Who can join Campbell's 401(k), and is enrollment automatic?
Campbell's enrolls new hires automatically at 4% of pay, rising 1% a year to 10% of pay.
| Plan entry | All of the Company’s full-time employees and those part-time employees with scheduled hours greater than or equal to 20 hours per week are eligible to participate in the Plan effective the first day of work with the Company. All other employees are eligible to participate after they have completed 1,000 hours of service in a given anniversary year, as defined in the Plan document. |
|---|---|
| Excluded groups | Campbell employees that are residents of Puerto Rico are not eligible to participate in the Plan. |
| Automatic enrollment | Yes: default deferral 4% of pay; auto-escalation +1%/yr to 10%; default investment: Vanguard Target Retirement Trust, based on their expected retirement date |
Eligibility, word for word
“All of the Company’s full-time employees and those part-time employees with scheduled hours greater than or equal to 20 hours per week are eligible to participate in the Plan effective the first day of work with the Company. All other employees are eligible to participate after they have completed 1,000 hours of service in a given anniversary year, as defined in the Plan document. Campbell employees that are residents of Puerto Rico are not eligible to participate in the Plan.”
Automatic enrollment, word for word
“All newly eligible employees are automatically enrolled in the Plan at a before-tax contribution rate of 4% of compensation, as defined in the Plan document, unless an election is made by the participant to participate at a different rate.”
Source: Form 11-K filed June 24, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Transamerica, filed as “TRANSAMERICA RETIREMENT SOLUTIONS”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
1,701 plans on file name Transamerica as their recordkeeper. Of those, the 1,695 with a computable fee have a median plan-paid cost of $149.29 per participant.
Participants log in at Transamerica ↗. 401(k) Monitor is not affiliated with Transamerica or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Transamerica |
|---|---|
| Recordkeeper EIN | 133689044 |
What does the Campbell's plan report on Form 5500?
The Campbell's plan reported $2.2B in assets and 20,447 participants for plan year 2024.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
| Plan named in the DOL record | The Campbell's Company 401(k) Retirement Plan |
|---|---|
| Total plan assets | $2,155,558,367 |
| Participants | 20,447 |
| Plan-paid admin cost per participant | $45.16 |
How that cost compares
This plan pays $45.16 per participant. The median across plans in food, beverage and tobacco manufacturing is $108.05, from the 1,292 of 1,356 whose Form 5500 yields a per-participant cost.
How does Campbell's 401(k) match compare?
The Campbell's Company's maximum 401(k) match of 4% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in food, beverage and tobacco manufacturing, two report the same recordkeeper and one vests on the same schedule.
Maximum match 4% of pay. Also in food, beverage and tobacco manufacturing.
Maximum match 4% of pay. Also in food, beverage and tobacco manufacturing.
Maximum match 3.5% of pay. Also in food, beverage and tobacco manufacturing.
Maximum match 3.5% of pay. Same recordkeeper, Transamerica.
Maximum match 6% of pay. Same recordkeeper, Transamerica.
Maximum match 6% of pay. Vests immediately too, like Campbell's.
Compare The Campbell's Company with any company, side by side
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 24, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is The Campbell's Company's 401(k) match?
The Campbell's Company matches 100% of employee contributions up to 4% of eligible pay (plan year ended December 31, 2025).
When does the The Campbell's Company 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does The Campbell's Company's 401(k) plan have automatic enrollment?
Yes: default deferral 4% of pay; auto-escalation +1%/yr to 10%; default investment: Vanguard Target Retirement Trust, based on their expected retirement date.
Who is the recordkeeper for The Campbell's Company's 401(k)?
Transamerica is named as the recordkeeper on the Form 5500 filed for The Campbell's Company 401(k) Retirement Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that The Campbell's Company filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | The Campbell's Company |
| SEC CIK | 16732 |
| Accession number | 0000016732-26-000017 |
| Plan | The Campbell's Company 401(k) Retirement Plan |
| Period of report | December 31, 2025 |
| Filed | June 24, 2026 |
401(k) Monitor is not affiliated with The Campbell's Company, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “The Campbell's Company 401(k) plan facts”, from SEC Form 11-K accession 0000016732-26-000017, plan year ended December 31, 2025.
