Saker Shoprites 401(k) match, vesting and fees
What Saker Shoprites' 401(k) 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 | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Withum, Smith & Brown PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 502 defined-contribution plans in retail trade with 500 to 999 participants.
| Saker Shoprites: employer contribution per participant | $1,880 | |
| Peer median | $928 |
| Saker Shoprites: average balance | $123,514 | |
| Peer median | $40,685 |
| Saker Shoprites: admin expenses ÷ assets | 0.10% | |
| Peer median | 0.37% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $101M at the end of plan year 2021 to $106M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 857 | $106M | $1.6M | $1,880 | 0.10% | Not published | Form 5500 ↗ |
| 2023 | 851 | $98.8M | $1.6M | $1,833 | 0.08% | Not published | Form 5500 ↗ |
| 2022 | 820 | $87.2M | $1.5M | $1,870 | 0.11% | Not published | Form 5500 ↗ |
| 2021 | 745 | $101M | $1.3M | $1,775 | 0.13% | Not published | Form 5500 ↗ |
Other Saker Shoprites plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Saker Shoprites, Inc. - Local 360 Ee'S Ret Plan
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.
| Independent auditor | Withumsmith & Brown, PC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Saker Shoprites match 401(k) contributions?
The match terms for the Saker Shoprites, Inc. 401k Plan have not been published from its filing yet. The plan year 2024 filing reports $1.6M in employer contributions, about $1,880 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Saker Shoprites 401(k) match vested?
The vesting schedule for the Saker Shoprites, Inc. 401k Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Saker Shoprites 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Retirement Solutions. The plan administrator is Saker Shoprites, Inc..
I left Saker Shoprites. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Saker Shoprites, Inc., (732) 294-2318) or the recordkeeper, Transamerica Retirement Solutions. The Saker Shoprites old 401(k) page lists the contacts from every plan filing. Find an old Saker Shoprites 401(k)
Data from the public Form 5500 annual reports Saker Shoprites filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) 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 Saker Shoprites. Not financial advice. Report a correction · Methodology