2026 Edition
Your benefits, clearly labeled
The 2026 Hormel Foods Family Employee Benefits Handbook, in one deck for you and your family.
each year in November
Know more. Stress less.
Choosing Between Them
Where they agree. Where they don’t
| What both plans share |
| In-network preventive care is covered 100%. |
| You get access to the same Blue Cross Blue Shield (BCBS) PPO networks of doctors and medical providers at discounted rates. |
| You get access to the same health care management programs and resources. |
| Where they split | Healthy Savings | Traditional |
| Employee contributions (premiums) | lower | higher |
| Deductible | higher | lower |
| Prescription drugs | you pay 100% until the deductible is met | you pay a percentage of the drug cost |
Next: the same choice, side by side in dollars.
2026 Handbook, p. 11
In-Network
Plan Comparison Chart
| Benefit Facts | Healthy Savings Plan | Traditional Plan |
| Preventive Care | Plan pays 100%; you pay $0 | Plan pays 100%; you pay $0 |
| Single deductible | $2,000 | $850 |
| Family deductible | $4,000 | $1,700 |
| Single medical OOP | $4,500 | $4,000 |
| Non-preventive services | After deductible: plan pays 80%, you pay 20% | After deductible: plan pays 80%, you pay 20% |
Next: the account that pays you back, the HSA.
2026 Handbook, p. 11
The HSA: a 401(k) for health care
Health Savings Account
Pre-tax deferred going in
Contribution limit, self
$0 to $4,400
grows tax free while it sits
Rollover
the money is yours to keep
withdraw tax free
Eligibility
available if you enroll in the Healthy Savings Plan Option
Next: what $25 a week becomes by age 65.
2026 Handbook, p. 18
$25/week ($1,300/Year)
Why Invest In Your 401(k) Plan Now?
$382,859
40 Years (ages 25-65)
Includes compound interest assuming an average annual return of 8% until age 65.
$162,825
30 Years (ages 35-65)
$64,221
20 Years (ages 45-65)
Next: when life happens, you are covered.
2026 Handbook, p. 32
Three Providers
When your body needs help
Sick at 2 a.m.?
Doctor On Demand
Online doctor
Back, joints, or muscles acting up?
Hinge Health
back and joint pain
Working on your health goals?
Omada
healthier habits, online
Next: for your mind and your family.
2026 Handbook, p. 35
Company Sponsored
For your mind and your family
Need someone to talk to?
Spring Health
Company-sponsored therapy, and Coaching
Growing your family?
Progyny
fertility benefit
Next: help when life gets hard.
2026 Handbook, p. 35
Emergency Help, Special Pricing
When life throws a curveball
Hit by unexpected hardship?
CARE Program
Emergency and hardship help funded by employees
Building healthier habits?
WW
WW at special monthly pricing
Next: who to call with questions.
2026 Handbook, p. 35
Know More. Stress Less
HR Solution Center
telephone 1-866-449-7712 (toll free) or 1-507-437-5996
This handbook is not a legal document, and it does not establish your eligibility to participate in any benefit plan.
2026 Handbook, p. 53