Plan Snapshot
- Plan Sponsor: Big Y Foods, INC.
- Sponsor EIN: 042052307
- Sponsor Address: 2145 ROOSEVELT AVE, SPRINGFIELD, MA, 01102
- Plan Type: 401(k)
- Total Participants: 10,329
- Total Assets: $573.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 10,329 | $573.8M | $14.5M | $25.2M |
| 2023 | 8,203 | $522.6M | $13.6M | $23.3M |
| 2022 | 7,763 | $459.1M | $12.7M | $22.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $472,519 | — | $472,519 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $114,016 | — | $114,016 |
| NFP RETIREMENT, INC | Investment Advisor | $50,000 | — | $50,000 |
| CLIFTONLARSONALLEN LLP | Auditor | $18,243 | — | $18,243 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
- NFP RETIREMENT, INC — Investment Advisor
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $654,778
- Estimated Expense Ratio: 0.114% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $655,579 | $164,016 | — | $19,043 | — |
| 2023 | $596,071 | $134,858 | — | $20,240 | — |
| 2022 | $733,411 | $65,000 | — | — | — |