Plan Ledger DOL Form 5500 · updated monthly

Kennies Markets, Inc.ESOP

KENNIE'S MARKETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · LITTLESTOWN, PA · plan year 2024

Employer contribution per participant · 2024
$6,638

Kennies Markets, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $17,401,940 across 351 participant accounts, with employer contributions averaging $6,638 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,679th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,674th of 5,215 in retail trade. active participation has grown from 146 to 167 since 2022.

Plan summary
Net assets, end of year$17,401,940
Participants with balances351
Active participants167
Employer contributions$1,108,550
Employee contributions—
Employer contribution per active participant$6,638
Average account balance$49,578
Benefits paid to participants$703,318
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 351 accts · $1.1M emplr
2023$16.3M · 347 accts · $1.4M emplr
2022$15.7M · 409 accts · $869K emplr
Employer contributions to the Kennies Markets, Inc. plan · 2024
Employer contribution per active participant$6,638
Median for plans this size$2,416
2024$6,638 per active participant
2023$9,445 per active participant
2022$5,954 per active participant

Kennies Markets, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

Recordkeeper by year2
2024PENNSYLVANIA PENSION PLANNERS, INC., Transamerica
2023PENNSYLVANIA PENSION PLANNERS, INC., Transamerica

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Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
KENNIES MARKETS, INC. 401K PLAN401(k)
KENNIE'S MARKETS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 231579478 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.