Raley's 401(k) Review & Grade
Raley's 401(k) Retirement Savings Plan
West Sacramento, CARetail Trade17,884 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$517Employer $ per active participant
$1,472Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$639.7MNet plan assets, end of year
$65,497Average balance per account
Score breakdown
- Employer generosity19.1 / 5038th percentile for employer $ per participant
- Low cost9.7 / 2539th percentile for low admin cost vs. same-size plans
- Employee saving6.5 / 1543th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score42 / 100 · Grade D
This plan vs. peers
Peers: Retail Trade plans with 10,000+ active participants (124 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 38th |
| Lower admin cost | 39th |
| Employee saving | 43th |
| Peers that auto-enroll | 32% |
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Red flags from the filing
Corrective distributions: the plan refunded $523,802 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Raley's put in about $517 per active participant, below the typical peer ($689). 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.
- 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 | $9,246,166 |
| Participant (employee) contributions | $26,330,743 |
| Other contributions (incl. rollovers in) | $1,693,696 |
| Administrative expenses paid from the plan | $694,641 |
| Contract administrator fees | $694,641 |
| Benefits paid out | $67,030,913 |
| Net assets, start / end of year | $584.5M / $639.7M |
| Active participants, start / end of year | 18,099 / 17,670 |
| Participants with account balances | 9,767 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $707,841 reported compensation |
| Sageview Advisory Group, LLC | $90,000 reported compensation |
| Moss Adams LLP | $47,292 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013155620NAL0001664961001, received 2025-10-13, EIN 94-1316611, plan #012, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.