Village Super Market, Inc. 401(k) Review & Grade
Village Super Market, Inc. Employees Thrift Savings Plan
Springfield, NJRetail Trade622 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,360Employer $ per active participant
$7,178Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$105.9MNet plan assets, end of year
$128,467Average balance per account
Score breakdown
- Employer generosity47.8 / 5096th percentile for employer $ per participant
- Low cost15.6 / 2562th percentile for low admin cost vs. same-size plans
- Employee saving14.4 / 1596th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score71 / 100 · Grade B
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 96th |
| Lower admin cost | 62th |
| Employee saving | 96th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Village Super Market put in about $3,360 per active participant, more than the typical peer ($743). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,088,145 |
| Participant (employee) contributions | $4,460,831 |
| Other contributions (incl. rollovers in) | $412,252 |
| Administrative expenses paid from the plan | $156,778 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $139,239 |
| Benefits paid out | $15,502,592 |
| Net assets, start / end of year | $95.9M / $105.9M |
| Active participants, start / end of year | 564 / 679 |
| Participants with account balances | 824 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Eisneramper LLP |
Largest service providers (Schedule C)
| Newport Capital Group | $99,259 reported compensation |
| Strategic Advisors, Inc. | $39,980 reported compensation |
| Fidelity Investments Institutional | $17,539 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015080710NAL0008263826001, received 2025-10-15, EIN 22-1576170, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.