Plan Ledger DOL Form 5500 · updated monthly

Cannata's Supermarkets, Inc.401(k)

CANNATA'S SUPERMARKET, INC. 401(K) PLAN · HOUMA, LA · plan year 2022

Reported admin expense ratio · 2022
0.94%

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

Cannata's Supermarkets, Inc. reported $27,083 in plan administrative expenses for 2022: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $124 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Louisiana (710th of 884), and 4,362nd of 5,215 in retail trade. In 2022, employees put in $6.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,949,175
Participants with balances48
Active participants129
Employer contributions$16,049
Employee contributions$105,278
Employer contribution per active participant$124
Average account balance$61,441
Benefits paid to participants$45,354
Plan auditUnmodified (clean) audit opinion
AuditorDARNELL, SIKES & FREDERICK
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,131
Investment management$10,952
Total administrative$27,083
The Cannata's Supermarkets, Inc. 401(k) match · 2022
Employer contribution per active participant$124
Median for plans this size$1,114

Cannata's Supermarkets, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$27,083 · 0.94%
All plans at this employer2
CANNATA'S EMPLOYEES PROFIT SHARING AND STOCK OWNERSHIP PLANESOP
CANNATA'S SUPERMARKET, INC. 401(K) PLAN401(k)
Similar plansRetail Trade · Louisiana
Courtesy Chevrolet, Inc. LA$3.5M · 0.78%
McLawrence Foods, L.L.C. LA$3.1M · 0.96%
E.T. International, LLC LA$2.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720524089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.