Plan Ledger DOL Form 5500 · updated monthly

Harris Teeter Supermarkets, Inc.401(k) + ESOP (KSOP)

HARRIS TEETER SUPERMARKETS, INC. RETIREMENT AND SAVINGS PLAN · MATTHEWS, NC · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Harris Teeter Supermarkets, Inc. reported $1,328,972 in plan administrative expenses for 2024: 0.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,180 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 2 years on file its reported administrative ratio fell from 0.13% to 0.10%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other retail trade employers. By assets it is the 36th-largest of 2,005 plans among North Carolina employers on file, and the 42nd of 5,215 in retail trade. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 31,912 to 35,407 since 2022.

Plan summary
Net assets, end of year$1,406,351,201
Participants with balances40,670
Active participants35,407
Employer contributions$41,793,816
Employee contributions$74,076,877
Employer contribution per active participant$1,180
Average account balance$34,580
Benefits paid to participants$131,063,037
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.4B · 40,670 accts · $41.8M emplr
2023$1.2B · 38,122 accts · $40.9M emplr
2022$1.1B · 36,523 accts · $37.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,202,515
Audit (IQPA)$44,100
Total administrative$1,328,972
The Harris Teeter Supermarkets, Inc. 401(k) match · 2024
Employer contribution per active participant$1,180
Median for plans this size$5,259
2024$1,180 per active participant
2023$1,196 per active participant
2022$1,168 per active participant

Harris Teeter Supermarkets, Inc.'s 2024 employer contribution ran below the $5,259 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$1,202,515
AON · Consulting$87,992
FORVIS MAZARS, LLP · Accounting / audit$44,100
MOORE & VAN ALLEN PLLC · Legal$17,612

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$1,328,972 · 0.10%
2023$1,494,511 · 0.13%
2022$1,595,005 · 0.13%
Same employer
Similar plansRetail Trade · North Carolina
Lowes Companies Inc NC$8.6B · 0.01%
Meijer, Inc. MI$1.6B
Staples, Inc. MA$1.5B · 0.06%
Odp International, LLC FL$1.3B · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560905940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.