Plan Ledger DOL Form 5500 · updated monthly

Associated Grocers of New England, Inc.401(k)

ASSOCIATED GROCERS 401(K) SAVINGS PLAN TRUST ACCOUNT · PEMBROKE, NH · plan year 2024

Reported admin expense ratio · 2024
0.51%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Associated Grocers of New England, Inc. reported $377,016 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,265 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.51%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 49th-largest of 411 plans among New Hampshire employers on file, and the 467th of 5,215 in retail trade. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$76,679,400
Participants with balances1,120
Active participants1,633
Employer contributions$2,066,072
Employee contributions$3,223,177
Employer contribution per active participant$1,265
Average account balance$68,464
Benefits paid to participants$7,339,471
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.7M · 1,120 accts · $2.1M emplr
2023$71.5M · 1,177 accts · $2.0M emplr
2022$63.1M · 1,145 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$284,042
Investment management$87,403
Total administrative$377,016
The Associated Grocers of New England, Inc. 401(k) match · 2024
Employer contribution per active participant$1,265
Median for plans this size$3,635
2024$1,265 per active participant
2023$1,199 per active participant
2022$1,191 per active participant

Associated Grocers of New England, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
GALLAGHER BENEFIT SERVIES, INC · Investment advisory (plan)$81,383
EMPOWER ADVISORY GROUP, LLC · Investment management$6,020
THE ANGELL PENSION GROUP, INC. · Contract administratorindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$377,016 · 0.51%
2023$418,377 · 0.62%
2022$362,094 · 0.53%
Same employer
Similar plansRetail Trade · New Hampshire
Eastern Propane Gas, Inc. NH$85.0M · 0.20%
Hgl-Lbm Holdings LLC NH$58.1M · 0.21%
Hgl-Lbm Holdings LLC NH$44.3M · 0.24%
Belletete's, Inc. NH$36.4M · 0.31%
Grappone Mgmt. Co., Inc. NH$35.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020218229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.