Safeway retirement plan: assets, participants and fees
What Safeway's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Conduent HR Services, LLC | Schedule C ↗ |
| Independent auditor | Deloitte & Touche, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2023 medians for 28 pension plans in retail trade with 10,000 to 49,999 participants.
| Safeway: employer contribution per participant | $3,030 | |
| Peer median | $546 |
| Safeway: average balance | $61,719 | |
| Peer median | $38,233 |
| Safeway: admin expenses ÷ assets | 1.60% | |
| Peer median | 0.65% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets were $1.2B at the end of plan year 2023.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2023 | 19,865 | $1.2B | $60.2M | $3,030 | 1.60% | Not published | Form 5500 ↗ |
Other Safeway plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Spinoff Employee Retirement Plan of Safeway Inc. and Its Domestic Subsidiaries
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Conduent HR Services, LLC | Schedule C ↗ |
| Independent auditor | Deloitte & Touche, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Safeway match 401(k) contributions?
The match terms for the Employee Retirement Plan of Safeway Inc. and Its Domestic Subsidiaries have not been published from its filing yet. The plan year 2023 filing reports $60.2M in employer contributions, about $3,030 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Safeway 401(k) match vested?
The vesting schedule for the Employee Retirement Plan of Safeway Inc. and Its Domestic Subsidiaries is not in the data published so far. Your Summary Plan Description states it.
Who manages the Safeway 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Conduent HR Services, LLC. The plan administrator is Albertsons Companies Retirement Benefit Plans Committee.
I left Safeway. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Albertsons Companies Retirement Benefit Plans Committee, (925) 467-3000) or the recordkeeper, Conduent HR Services, LLC. The Safeway old 401(k) page lists the contacts from every plan filing. Find an old Safeway 401(k)
Data from the public Form 5500 annual reports Safeway filed with the U.S. Department of Labor (plan years 2023) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Safeway. Not financial advice. Report a correction · Methodology