Plan Ledger DOL Form 5500 · updated monthly

Ronetco Supermarkets, Inc.401(k)

RONETCO SUPERMARKETS, INC. THRIFT SAVINGS 401(K) PLAN · LEDGEWOOD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Ronetco Supermarkets, Inc. reported $22,505 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,123 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 0.07% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 515th-largest of 2,419 plans among New Jersey employers on file, and the 568th of 5,215 in retail trade. In 2024, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$60,433,591
Participants with balances240
Active participants288
Employer contributions$611,368
Employee contributions$1,547,199
Employer contribution per active participant$2,123
Average account balance$251,807
Benefits paid to participants$7,839,858
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.4M · 240 accts · $611K emplr
2023$58.0M · 250 accts · $632K emplr
2022$52.3M · 255 accts · $621K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,780
Audit (IQPA)$9,725
Total administrative$22,505
The Ronetco Supermarkets, Inc. 401(k) match · 2024
Employer contribution per active participant$2,123
Median for plans this size$3,635
2024$2,123 per active participant
2023$2,350 per active participant
2022$2,290 per active participant

Ronetco Supermarkets, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
LARSON ALLEN LLP · Accounting / audit$9,725

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

Administrative cost history3
2024$22,505 · 0.04%
2023$44,590 · 0.08%
2022$42,371 · 0.07%
Same employer
Similar plansRetail Trade · New Jersey
Spencer Gifts LLC NJ$71.0M · 0.28%
Tumi, Inc. NJ$61.6M · 0.14%
Ryan Automotive, LLC NJ$61.4M · 0.09%
Quick Chek Corporation NJ$61.0M · 0.21%
Kuiken Brothers Co. Inc NJ$57.8M · 0.07%
Hudson Grouphg, Inc. NJ$53.5M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221655681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.