Retirement plan

ZALLIE SUPERMARKETS SAVINGS PLAN

Name: ZALLIE SUPERMARKETS INC - ZALLIE SUPERMARKETS SAVINGS PLAN (2023) Form 5500
Creator: ZALLIE SUPERMARKETS INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZALLIE SUPERMARKETS SAVINGS PLAN, ZALLIE SUPERMARKETS INC

ZALLIE SUPERMARKETS INCEIN 22-2385129Plan #003PY 2023

1230 BLACKWOOD CLEMENTON ROAD - CLEMENTON, NJ 080215632609-627-6501LinkedIn1-10 employeessupermarkets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$37.8M

+16.5% from 2022

Total participants

369

-0.3% from 2022

Average account balance

$105,474

+15.5% from 2022

Annual return

18.01%

+34.42 pp from 2022

Benchmarks

See 1,316 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,316 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$39.81M

Not enough data

1 years with asset history on file

Average account balance

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

$114K

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.

350

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.

95.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$44

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 2 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.4 years Service code 27 · EIN 04-2654524 245 SUMMER STREET · BOSTON, MA 02210	Advisory (Plan)	$15,322
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Filed as: FIDELITY INVESTMENTS INST OPER CO Service code 37 · EIN 04-2647786 900 SALEM ST · SMITHFIELD, RI 02917	Loan Processing	$3,413

Plan features & details

Pension benefit codes2E2F2G2J2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$19K

$72 / participant

Recordkeeping$3K18.2%
Investment mgmt$15K81.8%

% of EOY assets

0.050%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORD SCOTT & ASSOCIATES
Auditor EIN: 222087086
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$105,474

$53,165+98.4%

$86,235+22.3%

$74,473+41.6%

Participation rate

95.8%

64.9%+30.9pp

69.0%+26.8pp

70.7%+25.0pp

Annual return

18.01%

22.64%-4.6pp

1170.03%-1152.0pp

34.36%-16.4pp

Employer contribution / active EE

$3,373

$1,210+178.8%

$2,381+41.7%

$2,638+27.9%

Participant deferral / active EE

$6,129

$3,234+89.5%

$3,987+53.7%

$4,530+35.3%

Admin fee / account holder

$52

$551-90.5%

$6,856-99.2%

$347-84.9%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.4 years

Service code 27 · EIN 04-2654524

245 SUMMER STREET · BOSTON, MA 02210

Advisory (Plan)

$15,322

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Filed as: FIDELITY INVESTMENTS INST OPER CO

Service code 37 · EIN 04-2647786

900 SALEM ST · SMITHFIELD, RI 02917

Loan Processing

$3,413

ZALLIE SUPERMARKETS SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZALLIE SUPERMARKETS SAVINGS 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