# Campbell Soup Company Pension Plan

Campbell Soup Company Pension Plan is a Corporate Pension Fund based in Camden, United States.

## Overview

- **Organization type:** Corporate Pension Fund
- **Headquarters:** Camden, United States
- **Region:** North America
- **Address:** 1 Campbell Place, Camden, NJ, United States
- **Founded:** 1938
- **Assets under management:** 2000 (Altss estimate)
- **Website:** www.thecampbellscompany.com
- **LinkedIn:** https://www.linkedin.com/company/the-campbells-company

## Regulatory record

- **Reports private funds:** No

## About

The Campbell Soup Company Retirement & Pension Plan was established in 1938 to deliver retirement income to eligible salaried and non-union hourly workers. Contributions come solely from the company. Bennett Dorrance, a descendant of the founder and major shareholder of the sponsor, has no direct role in plan governance. The plan allocates across global real estate through REITs, property funds and limited partnerships. It also maintains commodity exposure via hedge funds and derivatives. Confirmed holdings include a position in Rigetti Computing and an interest in Acre Venture Partners Fund I, an AgTech vehicle. Geographic reach covers the United States and other developed markets. State Street Bank and Trust Company serves as trustee and custodian. Transamerica Retirement Solutions acts as recordkeeper. November 2024: The Campbell's Company held its annual shareholder meeting virtually, covering governance and compensation matters that affect plan oversight. The plan operates as a single-sponsor defined-benefit vehicle with no external LP commitments or co-investment club. Governance flows through an administrative committee rather than a dedicated CIO function.

## Sectors

- Real Estate
- Financial Services

## People

- Atul Garg — Member of the Administrative Committee for the 401(k) and Pension Plans
- Mark Clouse — President and CEO of The Campbell's Company

## Questions

### Who runs investment decisions at Campbell Soup Company Pension Plan?

An administrative committee that includes Atul Garg handles oversight. Day-to-day investment execution is delegated to external managers and consultants such as Mercer.

### Does the plan participate in fund commitments or only direct deals?

The plan holds interests in funds including Vanguard Target Retirement Trusts and Acre Venture Partners Fund I. It also maintains direct equity positions such as Rigetti Computing.

### What asset classes does the plan hold?

Holdings include global real estate through REITs and limited partnerships, public equities, and commodity exposure accessed via hedge funds and derivatives.

### Where does the plan custody its assets?

State Street Bank and Trust Company has served as trustee and custodian since 2020.

### How is the plan related to The Campbell's Company?

It is the sponsored retirement vehicle for eligible employees of The Campbell's Company, with all contributions provided by the corporate sponsor.

## Related profiles

- [Boothbay Fund Management](https://altss.com/profile/boothbay-fund-management)
- [Canada Mortgage and Housing Corporation](https://altss.com/profile/canada-mortgage-and-housing-corporation-cmhc)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/campbell-soup-company-pension-plan

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology