Plan Snapshot
- Plan Sponsor: Redners Markets, INC.
- Sponsor EIN: 231730557
- Sponsor Address: 3 QUARRY RD, READING, PA, 196059787
- Plan Type: DC
- Total Participants: 2,724
- Total Assets: $71.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,724 | $71.1M | $2.0M | $0 |
| 2023 | 2,687 | $73.2M | $2.0M | $0 |
| 2022 | 2,484 | $74.9M | $2.0M | $0 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH | INVESTMENT MANAGEMENT | $117,421 | — | $117,421 |
| RKL LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — INVESTMENT MANAGEMENT
- RKL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $117,421
- Estimated Expense Ratio: 0.165% 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 | $108,917 | $108,887 | — | — | — |
| 2023 | $292,826 | $92,706 | — | — | — |
| 2022 | $97,844 | $97,724 | — | — | — |