Edgewood Village Market, Inc. 401(k) Review & Grade
Mccaffrey's Markets 401(k) Profit Sharing Plan
Langhorne, PARetail Trade598 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$620Employer $ per active participant
$2,242Employee $ saved per active participant
0.23%Direct admin cost, % of plan assets
$29.7MNet plan assets, end of year
$79,416Average balance per account
Score breakdown
- Employer generosity21.9 / 5044th percentile for employer $ per participant
- Low cost12.5 / 2550th percentile for low admin cost vs. same-size plans
- Employee saving5.7 / 1538th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score43 / 100 · Grade D
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 44th |
| Lower admin cost | 50th |
| Employee saving | 38th |
| 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
- Edgewood Village Market put in about $620 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.
- 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 | $371,023 |
| Participant (employee) contributions | $1,340,651 |
| Other contributions (incl. rollovers in) | $174,549 |
| Administrative expenses paid from the plan | $64,324 |
| Benefits paid out | $3,270,115 |
| Net assets, start / end of year | $26.4M / $29.7M |
| Active participants, start / end of year | 595 / 601 |
| Participants with account balances | 374 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Jonathan G. Furlow CPA |
Largest service providers (Schedule C)
| KT Administrators, LLC | $50,824 reported compensation |
| Jonathan G. Furlow, CPA | $13,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008094008NAL0003166371001, received 2025-10-08, EIN 23-2387160, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.