Plan Ledger DOL Form 5500 · updated monthly

Shoprite Supermarkets, Inc.401(k)

SHOPRITE SUPERMARKETS, INC. PAYROLL DEDUCTION SAVINGS PLAN · FLORIDA, NY · plan year 2024

Employer contribution per participant · 2024
$2,679

Shoprite Supermarkets, 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 $74,932,858 across 607 participant accounts, with employer contributions averaging $2,679 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.01% to 0.00%. 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 1,002nd-largest of 5,648 plans among New York employers on file, and the 473rd of 5,215 in retail trade. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 311 to 511 since 2022.

Plan summary
Net assets, end of year$74,932,858
Participants with balances607
Active participants511
Employer contributions$1,368,751
Employee contributions$2,216,521
Employer contribution per active participant$2,679
Average account balance$123,448
Benefits paid to participants$9,701,016
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$74.9M · 607 accts · $1.4M emplr
2023$72.9M · 533 accts · $1.4M emplr
2022$68.9M · 500 accts · $1.4M emplr
The Shoprite Supermarkets, Inc. 401(k) match · 2024
Employer contribution per active participant$2,679
Median for plans this size$3,635
2024$2,679 per active participant
2023$4,056 per active participant
2022$4,454 per active participant

Shoprite 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.

Service providers · 20241

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

Administrative cost history3
2024Not separately reported
2023$2,814 · 0.00%
2022$8,369 · 0.01%
Same employer
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Burberry Limited NY$85.1M · 0.14%
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Warby Parker Inc. NY$74.6M · 0.26%
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Cole Haan LLC NY$68.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221705981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.