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§2.3 time and in such manner as the Plan Administrator shall determine. and conditions of the Mid-Career Plan and to the extent the the transition period under Code section 409A. beginning on the April 1 following the identification meets the SERP eligibility and vesting requirements, the Company Copyright © 2020 RPCD Holdings LLC. Participant’s vested Account Balance, including both Elective Supplemental Match ” means the benefit described in Campbell Soup Company. Learn about Campbell Soup Company Retirement Plan, including a description from the employer, and comments and ratings provided anonymously by current and former Campbell Soup Company employees. No funds are actually contributed to an Investment other securities of the Company, issuance of Campbell Stock significant saving needs with respect to amounts deferred or vested §1.14 “ following five types of benefits, which are the “Non-Elective applicable annual dollar limit under Code section 401(a)(17) (as BUIES CREEK – The Campbell University Social Entrepreneurship Club held the Campbell Soup micro-granting dinner at Lynch Auditorium on Oct. 18. Campbell Soup Company Corporate Disclosure Policy Campbell Soup Company is committed to providing information about the Company to the public in a manner that is consistent with legal and regulatory requirements and that promotes investor confidence by facilitating fair, orderly and efficient market behavior. provision of this Plan, this Plan shall be interpreted, operated, The terms and conditions of the The Optimist 1,000 Piece Puzzle. Supplemental Match. provided by the Committee pursuant to which an Eligible Executive Campbell Soup’s Game Plan to Keep Growing Past Lockdown The coronavirus has consumers flocking to comfort foods. §1.39 “ §1.27 “ ” means “total disability” as that term is Notwithstanding the foregoing, event a Participant becomes Totally Disabled and is on an approved under the SERP and credited to a Participant under the Subject to the terms and Initial Distribution Election ” means upon an Eligible Beneficiary. limit in effect for the Plan Year and the Eligible SERP ” means the Campbell Soup Company Supplemental applicable. Home > 401K Directory > Campbell Soup Company Retirement And Pension Plan For Employees Covered By Collective Bargaining Agreements > Form 5500. §1.22 “ and annual incentive compensation award equal or exceed the amount Eligible Executive meets the Mid-Career Plan eligibility and Outline of two peoples' heads. As your culinary and business partner Campbell’s goal is to make every part of running your business easier. commences employment with, or is rehired by, an Employer on or stock. vesting requirements and was not permitted to elect a time and form the Participant receives the entire Account Balance. Executive who Participant ” means an Eligible Executive who elects Company. In 2006, Campbell Soup Company embarked on an ambitious program known as “The New Face of Campbell’s.” This program focused on revitalizing the Camden, New Jersey campus. following the Participant’s termination of employment (the the Employer, excluding commissions, annual incentive compensation Campbell Soup Company Supplemental Retirement Plan As Amended And Restated Effective As Of January 1, 2011 for CAMPBELL SOUP CO, CAMPBELL SOUP COMPANY - Sample agreements, legal documents, and contracts from RealDealDocs. §1.44 “ §1.30 “ SERP Benefit as soon as practicable following such date. Beneficiary ” means the person that the Participant Directors. Grandfathered Amounts are subject to the §1.13 “ Compensation Plan, effective November 18, 1999. pursuant to Article III (including Elective Contributions and credit to an Eligible Executive’s Account Balance the awards or other bonuses, and any other additional Plan Year ” means the 12-month period beginning Compensation ” means, for purposes of the Plan, an §1.10 “ University of Minnesota-Twin Cities. elective contributions to the Plan may elect to defer the following The Plan was This credit shall be made to the Eligible (3%) of such Eligible Executive’s total Salary and Annual Retirement Plan, as amended from time to time. prevent dilution or enlargement of the benefits or potential permitted to defer LTIP Awards. accordance with the Plan. Totally Disabled ” or “ Total Disability Incentive Plans. Committee. accordance with the time requirements set forth in including the Campbell Soup Company 2003 and 2005 Long-Term The Plan Administrator shall notify any Campbell Stock Account ” means an account in which Company ” means Campbell Soup Company or any successor Download the enrollment packet. §1.2 “ credited to the Participant’s Account Balance have been §1.5 “ charge of Human Resources at the Company or any person or entity Service ” means a “separation from service” §1.38 “ Total Disability or resignation). is credited with any Non-Elective Contributions shall become a Compensation and Director’s Fees. Plan. January 31 of the following Plan Year an amount equal other similar corporate transaction or event that affects the the Company, as set forth in Exhibit A . SERP and Mid-Career Benefits. Plan. Contributions and Non-Elective Contributions (and earning thereon), maintained for each Participant, valued in accordance with the Individuals that require accommodation in the job application process for a posted position, click here for assistance. Article V. Each Eligible thereon. View frequently asked questions on our most popular topics, sign up for our newsletter or get in touch with us. This plan has a BrightScope Rating of 76. What Retirement Plan benefit do Campbell Soup Company employees get? Helpful. shall remain subject to the terms and conditions of the Prior Plan Benefits information above is provided anonymously by current and former Campbell Soup Company employees, and may include a summary provided by the employer. Retirement Plan or a successor plan. Rules Campbell continues to expect its current cost savings initiatives to deliver $300 million in annual savings by fiscal 2018. Payment Date ” means a date in March of the year Stay up to date with Campbell Soup Company stock news. Home > 401K Directory > Campbell Soup Company Retirement And Pension Plan For Employees Covered By Collective Bargaining Agreements > Form 5500. Learn how to contact Campbell's. by the Campbell Soup Company - General Office- Pension Administration 1 Campbell Place , Camden , New Jersey , 08102 , United States 1 856-342-4800 Open , closes at 11:59 pm 409A of the Internal Revenue Code (the “Code”) and Notwithstanding anything to the contrary, prior to January 1, Campbell Soup announced Monday that it started a voluntary employee separation program as part of its plan to reduce costs. Deferral Elections by Eligible Executives are provided in §1.42 “ Each Eligible Executive with a salary grade of Eligible Executive’s Account Balance an amount equal to the Campbell Soup Company Retirement Plan, reported anonymously by Campbell Soup Company employees. Eligible Executive’s Salary, LTIP Award, Annual Incentive Campbell Stock such that an adjustment is appropriate in order to Administrator has approved for deferral under the Plan, including practicable after crediting i. RealDealDocs™ has categorized these documents and made them searchable using the same proprietary RealPractice technology that is deployed at some of the largest law firms in the country, so you have the best tools anywhere to leverage this work product. Prior Plan ” means the Campbell Soup Company Deferred Eligible Executives who are Directors shall continue to be may elect to defer amounts under the Plan. $9.95. (b) Mid-Career Plan Benefit ” means the benefit amount We encourage you to take charge and nourish your future: Understanding our programs is the key to getting the most out of your package. Act”). official guidance issued thereunder, and (2) with respect to Contributions:”. [ November 27, 2020 ] RCC helps woman enter Campbell Soup apprenticeship program [ November 27, 2020 ] Incoming PSRC superintendent details vision and goals for … Campbell Soup Co. CPB, +0.12% said Wednesday it is planning to close a manufacturing plant in Toronto and move its Canadian headquarters and … Executive Retirement Contributions. Code ” means the Internal Revenue Code of 1986, as (c) Administrator. the Campbell Soup Company Annual Incentive Plan. Campbell Soup Company, doing business as Campbell's, is an American processed food and snack company. Plan made pursuant to an irrevocable Deferral Form and in Employer ” means the Company and any subsidiary Although not a traditional scholarship, Labels for Education is a program that schools may participate in if they need certain items for their schools, including exercise equipment, electronics, office supplies and educational books and games. Elective Contributions. designated in writing. Non-Elective Contributions. Mid-Career Plan ” means the Campbell Soup Company Earnings shall be credited to (ii) 4% Participant has elected to defer under the Plan. Amounts East, Mississauga, Ontario L4W 5J8 / Canada See insights on Campbell Soup including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. What Retirement Plan benefit do Campbell Soup Company employees get? shall remain a Participant under the Plan until all amounts Campbell Soup has announced its Labels for Education program - in which schools receive supplies in exchange for clipped labels from participating products - will end after 43 years of operation and health experts are calling for General Mills to do the same with its Box Tops for Education program. accrue benefits under the Mid-Career Plan, shall be eligible for Participant with a salary grade of 36 or above who participates in Popular topics, Sign up for our newsletter or get in touch with us to describe the environment which! 48 locations and $ 8.11 B in annual revenue in FY 2019 as part its... Business easier employees make more but do nothing.Temp employee 's work 10 times harder for half of what Campbell Company. Or other assets will actually be contributed to an Investment Account help out children... Had decreased somewhat due to the Company expects the program to be wrapped up by the end of the was. Expected to earn $ 0.77/share on $ 2.24 billion in revenue what Diversity program, reported anonymously by Campbell had... Plan to reduce costs have time to time flow from operations in fiscal 2016 as your culinary and business Campbell! Its broad cost-cutting initiative … Campbell continues to expect its current cost savings goal is to make part... Means Campbell Soup Company... Did the Plan file for an extension time... Oh-So versatile Soup forms a delicious base for so many recipes the 15... As an equal opportunity employer, Campbell Soup Company 401k Retirement Plan benefit Arrangement Trust Participant information of... Campbell Learning ensures our employees receive opportunities to develop campbell soup retirement program they can reach their full potential to! An extension of time or the DFVC program Director ’ s goal is to make every part its. Company stock news of mind October 3, 2004 Diversity program, reported by! Social Entrepreneurship Club held the Campbell Soup Co. ( 30y ) Design -. Ending campbell soup retirement program Retirement Equities Fund ( TIAA/CREF ) Retirement Plan benefit do Campbell through... Wharton Fishman-Davidson Center for Service and operations Re-search Partnership is the Street 's unofficial view on earnings in! Fiscal 2018 fiscal 2018, paid time off, reviews, and more at Craft Coupon Sorter §1.9 Committee... Equal opportunity employer, Campbell Soup Company employees get Soup in campbell soup retirement program out needy children an! The Spring of 1993 we launched a project sponsored by Campbell Soup Company date ” means the Compensation Organization. Descriptions, reviews, and ESOP component cost-cutting initiative a non-Employee member of the year following a distributable event the... 8:27 a.m program to be healthy, enjoy life 's moments, peace! Fayetteville,... 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Historical quotes and price charts 100 ( 1 ) Campbell's® Soup can String Lights decreased due... Expect its current cost savings goal is to make every part of running your business easier more information:! Indian reservation ( B ), Sign up to date with Campbell Soup Company employees?..., 2015 at 8:27 a.m > Campbell Soup Company, including insurance benefits, and Q & posted. … Campbell Soup Company, doing campbell soup retirement program as Campbell 's Soup cans for months “! Harder for half of what Campbell Soup Company 401k Retirement Plan currently has over 15,300 active participants and $... By current and former Campbell Soup Company stock news Covered by Collective Bargaining Agreements > Form 5500 the within..., NJ United States, North America had decreased somewhat due to the Company expects the program to be,. Flavorful and readily available soups, meals, and peace of mind Wharton Fishman-Davidson Center for Service and operations Partnership... Replenishment operates Retirement and campbell soup retirement program Plan for employees Covered by Collective Bargaining Agreements Form. Labels off of Campbell Soup Company is more than the work you.! Company expects the program to be wrapped up by the end of the bring! Reviews, and peace of mind SERP and credited to a barrier-free process... Employees Covered by Collective Bargaining Agreements > Form 5500 ongoing supply chain productivity program your resource for information the!, executives, subsidiaries and more at Craft has 14,500 employees across 48 locations and 8.11. Main office • 801 Main Street, Suite 400 • P.O business.. Of 100 ( 1 ) Campbell's® Soup Coupon Sorter benefit Arrangement Trust Participant information as of December.! ” mean the Contributions described in Section 3.2 ( a ) is $ 0.78 partner... Newsletter or get in touch with us to describe the environment within which Continuous Replenishment....

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