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Employers › Maryland

Employer · plans filed under one EIN

McCormick & Company, Inc.

Hunt Valley, MD · Manufacturing

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$1.10Bnet assets across plans
7,072participant records5,337 active
$36.1Memployer contributions, latest plan years$6,758 per active record
$1.2MSchedule C compensation to organisations$172.17 per participant record

3 retirement plans with 100 or more participants file Form 5500 under McCormick & Company, Inc.'s employer identification number (Hunt Valley, Maryland). Their latest filings total 7,072 participant records and $1.10B in net assets.

The largest is McCormick 401(k) Retirement Plan, an ESOP with a 401(k) feature with 6,013 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $36.1M and participant contributions $37.1M in the latest plan years; benefits paid were $105M. Schedule C compensation reported to service provider organisations totalled $1.2M.

Combined net assets moved from $372M in 2009 to $1.06B in 2025 (up 186%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
McCormick 401(k) Retirement PlanESOP with a 401(k) feature20256,013$1.06B$176,741$7,007$802K
The French's Food Company LLC Retirement Plan for Union Employeescash balance pension plan2024862$38.2M$44,366$5,714$346K
The Frenchs Union 401(k) Retirement Plan401(k) plan2024197$1.1M$5,829$2,336$69K
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $372M2010: $408M2011: $483M2012: $548M2013: $581M2014: $578M2015: $604M2016: $687M2017: $799M2018: $744M2019: $911M2020: $1.01B2021: $1.08B2022: $890M2023: $908M2024: $1.01B2025: $1.06B$372M$1.08B$1.06B200920122016202020242025
Combined net assets
2009: 3,6822010: 4,0052011: 3,9042012: 3,8932013: 3,8422014: 3,9052015: 3,9622016: 4,1092017: 4,4982018: 4,4832019: 5,5542020: 6,1352021: 6,6512022: 7,0112023: 7,0732024: 7,0972025: 6,0133,6827,0976,013200920122016202020242025
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
202516,013$1.06B$33.8M$36.9M
202437,097$1.01B$35.7M$36.4M
202327,073$908M$32.8M$33.6M
202227,011$890M$31.6M$32.4M
202126,651$1.08B$34.9M$31.4M
202026,135$1.01B$38.8M$28.5M
201925,554$911M$31.9M$25.4M
201814,483$744M$2.1M$1.6M
201714,498$799M$17.2M$23.3M
201614,109$687M$11.5M$20.4M
201513,962$604M$9.8M$18.1M
201413,905$578M$9.0M$18.0M
201313,842$581M$8.3M$16.7M
201213,893$548M$7.9M$16.9M
201113,904$483M$7.4M$16.4M
201014,005$408M$7.0M$15.5M
200913,682$372M$6.5M$14.5M

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Mercer Investments LLCInvestment advisory (plan); Trustee (bank, trust company, or similar financial institution)3$449,928
Principal Life Insurance CompanyContract Administrator; Participant loan processing2$335,986
Covington & BurlingInvestment advisory (plan); Legal3$133,597
PrincipalTrustee (bank, trust company, or similar financial institution)1$104,563
SB & Company LLCAccounting (including auditing)3$71,516
Fiduciary Counselors Inc.Investment advisory (plan)1$52,500
Fiduciary Conselors Inc.Investment advisory (plan)1$52,500
USI Consulting GroupInvestment advisory (plan)1$17,000

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Mercer Investments LLC$450K
Principal Life Insurance Company$336K
Covington & Burling$134K
Principal$105K
SB & Company LLC$72K
Fiduciary Counselors Inc.$53K
Fiduciary Conselors Inc.$53K
USI Consulting Group$17K

Questions and answers

How many retirement plans does McCormick & Company, Inc. have?

3 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: McCormick 401(k) Retirement Plan, The French's Food Company LLC Retirement Plan for Union Employees and The Frenchs Union 401(k) Retirement Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does McCormick & Company, Inc. contribute to its plans?

$36,068,117 in employer contributions across these plans in their latest plan years, about $6,758 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Mercer Investments LLC, Principal Life Insurance Company, Covington & Burling and Principal and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.