Foodland Super Market, LTD. 401(k) Review & Grade
The Foodland Profit Sharing Investment Plan
Honolulu, HIRetail Trade1,302 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$808Employer $ per active participant
$2,657Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$67.6MNet plan assets, end of year
$39,469Average balance per account
Score breakdown
- Employer generosity26.7 / 5053th percentile for employer $ per participant
- Low cost17.1 / 2568th percentile for low admin cost vs. same-size plans
- Employee saving6.6 / 1544th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score60 / 100 · Grade B
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 53th |
| Lower admin cost | 68th |
| Employee saving | 44th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Foodland Super Market put in about $808 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $1,052,145 |
| Participant (employee) contributions | $3,460,784 |
| Other contributions (incl. rollovers in) | $554,451 |
| Administrative expenses paid from the plan | $80,084 |
| Benefits paid out | $5,448,595 |
| Net assets, start / end of year | $59.7M / $67.6M |
| Active participants, start / end of year | 1,250 / 1,355 |
| Participants with account balances | 1,712 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | KMH, LLP |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $80,084 reported compensation |
| National Financial Services | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014135557NAL0001497027019, received 2025-10-14, EIN 99-0068548, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.