Plan Ledger DOL Form 5500 · updated monthly

Village Super Market, Inc.401(k)

VILLAGE SUPER MARKET, INC. EMPLOYEES THRIFT SAVINGS PLAN · SPRINGFIELD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Village Super Market, Inc. reported $156,778 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $3,075 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 0.14% to 0.16%. 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 353rd-largest of 2,419 plans among New Jersey employers on file, and the 359th of 5,215 in retail trade. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has shrunk from 839 to 679 since 2022.

Plan summary
Net assets, end of year$105,856,751
Participants with balances824
Active participants679
Employer contributions$2,088,145
Employee contributions$4,460,831
Employer contribution per active participant$3,075
Average account balance$128,467
Benefits paid to participants$15,502,592
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$105.9M · 824 accts · $2.1M emplr
2023$95.9M · 757 accts · $1.9M emplr
2022$80.6M · 754 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,539
Investment management$139,239
Total administrative$156,778
The Village Super Market, Inc. 401(k) match · 2024
Employer contribution per active participant$3,075
Median for plans this size$3,635
2024$3,075 per active participant
2023$3,389 per active participant
2022$2,281 per active participant

Village Super Market, 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 · 20243
NEWPORT CAPITAL GROUP · Investment advisory (plan)$99,259
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$39,980
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,539

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$156,778 · 0.16%
2023$138,460 · 0.16%
2022$131,649 · 0.14%
Same employer
Similar plansRetail Trade · New Jersey
Suburban Propane L.P. NJ$254.0M · 0.19%
H&M Fashion USA, Inc. NJ$141.6M · 0.11%
The Children's Place, Inc. NJ$129.9M · 0.19%
Saker Shoprites, Inc. NJ$105.9M · 0.10%
Glass Gardens Inc NJ$101.9M · 0.04%
H & M Hennes & Mauritz, LP NJ$101.0M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 221576170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.