Thrifty Payless 401(k) match, vesting and fees
What Thrifty Payless' 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 | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Cliftonlarson Allen, LLP (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.
| Thrifty Payless: employer contribution per participant | $429 | |
| Peer median | $928 |
| Thrifty Payless: average balance | $301,948 | |
| Peer median | $40,685 |
| Thrifty Payless: admin expenses ÷ assets | 0.05% | |
| 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 $261M at the end of plan year 2021 to $267M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 944 | $267M | $379K | $429 | 0.05% | Not published | Form 5500 ↗ |
| 2023 | 1,036 | $244M | $488K | $515 | 0.06% | Not published | Form 5500 ↗ |
| 2022 | 1,077 | $215M | $493K | $510 | 0.04% | Not published | Form 5500 ↗ |
| 2021 | 1,107 | $261M | $498K | $513 | 0.05% | Not published | Form 5500 ↗ |
Common questions
Does Thrifty Payless match 401(k) contributions?
The match terms for the Thrifty Payless, Inc. 401(k) Retirement Savings Plan for Collective Bargaining Pharmacists have not been published from its filing yet. The plan year 2024 filing reports $379K in employer contributions, about $429 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Thrifty Payless 401(k) match vested?
The vesting schedule for the Thrifty Payless, Inc. 401(k) Retirement Savings Plan for Collective Bargaining Pharmacists is not in the data published so far. Your Summary Plan Description states it.
Who manages the Thrifty Payless 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Thrifty Payless Inc..
I left Thrifty Payless. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Thrifty Payless Inc., (717) 761-2633) or the recordkeeper, Empower Annuity Insurance Company. The Thrifty Payless old 401(k) page lists the contacts from every plan filing. Find an old Thrifty Payless 401(k)
Data from the public Form 5500 annual reports Thrifty Payless 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 Thrifty Payless. Not financial advice. Report a correction · Methodology