Plan Ledger DOL Form 5500 · updated monthly

Redners Markets, Inc.ESOP

REDNER'S EMPLOYEES PROFIT SHARING AND STOCK OWNERSHIP PLAN · READING, PA · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

Redners Markets, Inc. reported $97,844 in plan administrative expenses for 2022: 0.12% of average plan assets, below the peer median. Employer contributions averaged $805 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 rose from 0.12% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other retail trade employers. By assets it is the 598th-largest of 3,651 plans among Pennsylvania employers on file, and the 475th of 5,215 in retail trade.

Plan summary
Net assets, end of year$74,826,719
Participants with balances2,997
Active participants2,484
Employer contributions$2,000,000
Employee contributions—
Employer contribution per active participant$805
Average account balance$24,967
Benefits paid to participants$9,810,372
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$70.4M · 3,107 accts · $2.0M emplr
2023$72.3M · 3,027 accts · $2.0M emplr
2022$74.8M · 2,997 accts · $2.0M emplr
Administrative expenses, itemized · 2022
Investment management$97,724
Total administrative$97,844
Employer contributions to the Redners Markets, Inc. plan · 2022
Employer contribution per active participant$805
Median for plans this size$3,449
2024$734 per active participant
2023$744 per active participant
2022$805 per active participant

Redners Markets, Inc.'s 2022 employer contribution ran below the $3,449 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.

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$108,917 · 0.15%
2023$292,826 · 0.40%
2022$97,844 · 0.12%
All plans at this employer2
REDNER'S EMPLOYEES PROFIT SHARING AND STOCK OWNERSHIP PLANESOP
REDNERS MARKETS, INC. PRE-TAX SAVINGS PLAN401(k)
Same employer
Similar plansRetail Trade · Pennsylvania
Five Below, Inc. PA$87.8M · 0.35%
Hunter Services, LLC PA$85.8M · 0.26%
Cochran Motors, Inc. PA$77.7M · 0.38%
Zulily, LLC PA$75.9M · 0.31%
Piazza Management Company PA$72.8M · 0.34%
Davids Bridal, Inc. PA$66.5M · 0.34%
Davids Bridal, Inc. PA$66.1M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 231730557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.