Retirement plan

ROCHE BROS. 401(K) AND PROFIT SHARING PLAN

Name: ROCHE BROS. SUPERMARKETS, CO. - ROCHE BROS. 401(K) AND PROFIT SHARING PLAN (2022) Form 5500
Creator: ROCHE BROS. SUPERMARKETS, CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROCHE BROS. 401(K) AND PROFIT SHARING PLAN, ROCHE BROS. SUPERMARKETS, CO.

ROCHE BROS. SUPERMARKETS, CO.EIN 04-2264124Plan #001PY 2022

11 HAMPSHIRE ST. - MANSFIELD, MA 02048781-694-5240

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$169.1M

-17.6% from 2021

Total participants

3,021

-8.4% from 2021

Average account balance

$82,651

-11.7% from 2021

Annual return

-15.45%

-40.98 pp from 2021

Benchmarks

See 367 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort367 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$206.91M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$96K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

2,151

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

55.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+25.19%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$186

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS7+ years Service code 12 · EIN 13-3689044	Direct payment from the plan; Finders...	$171,532
ROYAL ALLIANCE ASSOCIATES INC4 years Filed as: ROYAL ALLIANCE ASSOCIATES Service code 16 · EIN 93-0987232	Consulting	$109,733
RSM US LLP7+ years Service code 10 · EIN 42-0714325	Accounting	$24,150
MID ATLANTIC CAPITAL CORPORATION7+ years Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES7+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2F2G2J2K2T3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$305K

$125 / participant

Investment mgmt$110K35.9%
Other / not subdivided$196K64.1%

% of EOY assets

0.181%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,651

$39,973+106.8%

$79,580+3.9%

$77,906+6.1%

Participation rate

60.0%

64.6%-4.6pp

69.5%-9.5pp

73.7%-13.7pp

Annual return

-15.45%

3.42%-18.9pp

0.15%-15.6pp

12.16%-27.6pp

Employer contribution / active EE

$1,143

$1,088+5.1%

$2,413-52.6%

$2,846-59.8%

Participant deferral / active EE

$1,783

$2,774-35.7%

$3,985-55.3%

$4,805-62.9%

Admin fee / account holder

$149

$113+32.2%

$6,835-97.8%

$133+12.6%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS7+ years

Service code 12 · EIN 13-3689044

Direct payment from the plan; Finders...

$171,532

ROYAL ALLIANCE ASSOCIATES INC4 years

Filed as: ROYAL ALLIANCE ASSOCIATES

Service code 16 · EIN 93-0987232

Consulting

$109,733

RSM US LLP7+ years

Service code 10 · EIN 42-0714325

Accounting

$24,150

MID ATLANTIC CAPITAL CORPORATION7+ years

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES7+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

ROCHE BROS. 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROCHE BROS. 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion