Dierbergs Markets, Inc. 401(k) Review & Grade
Dierbergs Collectively Bargained Employees' 401(k) Plan
Chesterfield, MORetail Trade1,963 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$24Employer $ per active participant
$926Employee $ saved per active participant
0.35%Direct admin cost, % of plan assets
$78.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity3.5 / 507th percentile for employer $ per participant
- Low cost8.9 / 2536th percentile for low admin cost vs. same-size plans
- Employee saving2.1 / 1514th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score18 / 100 · Grade F
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 7th |
| Lower admin cost | 36th |
| Employee saving | 14th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Dierbergs Markets put in about $24 per active participant, below the typical peer ($743). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (0.35% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $46,496 |
| Participant (employee) contributions | $1,817,907 |
| Other contributions (incl. rollovers in) | $28,112 |
| Administrative expenses paid from the plan | $259,824 |
| Investment advisory & management fees | $66,305 |
| Benefits paid out | $6,758,884 |
| Net assets, start / end of year | $72.2M / $78.1M |
| Active participants, start / end of year | 2,035 / 1,891 |
| Participants with account balances | 974 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Rubin Brown, LLP |
Largest service providers (Schedule C)
| Epic Retirement Plan Services | $181,019 reported compensation |
| Moneta Group LLC | $66,305 reported compensation |
| Charles Schwab Trust Bank | $25,338 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250731122338NAL0008484176001, received 2025-07-31, EIN 43-0863198, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.