Plan Ledger DOL Form 5500 · updated monthly

Food Circus Super Markets, Inc.401(k)

FOOD CIRCUS SUPER MARKETS, INC. 401(K) PLAN · MIDDLETOWN, NJ · plan year 2023

Reported admin expense ratio · 2023
0.30%

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

Food Circus Super Markets, Inc. reported $29,956 in plan administrative expenses for 2023: 0.30% of average plan assets, below the peer median. Employer contributions averaged $1,883 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 1 year on file its reported administrative ratio fell from 0.55% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Jersey (1,455th of 2,419), and the 2,453rd of 5,215 in retail trade. In 2023, employees put in $2.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,952,064
Participants with balances96
Active participants70
Employer contributions$131,806
Employee contributions$369,040
Employer contribution per active participant$1,883
Average account balance$114,084
Benefits paid to participants$512,013
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM, SMITH, AND BROWN
Plan history2
Yearassets · accounts · employer contribution
2023$11.0M · 96 accts · $132K emplr
2022$8.9M · 122 accts · $138K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,029
Investment management$13,927
Total administrative$29,956
The Food Circus Super Markets, Inc. 401(k) match · 2023
Employer contribution per active participant$1,883
Median for plans this size$1,308
2023$1,883 per active participant
2022$1,994 per active participant

Food Circus Super Markets, Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NEWPORT CAPITAL GROUP · Investment advisory (plan)$13,927
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,058

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

Administrative cost history2
2023$29,956 · 0.30%
2022$56,201 · 0.55%
Similar plansRetail Trade · New Jersey
A & M (2015) LLC NJ$11.4M · 1.16%
Nuts.com, Inc. NJ$11.2M · 0.62%
Ashley Stewart, Inc. NJ$11.0M · 0.03%
Misfits Market NJ$10.8M · 1.88%
Hsf Enterprises, Inc. NJ$10.6M · 0.41%
Mary-Lawrence Corp. NJ$10.3M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210678353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.