Plan Snapshot
- Plan Sponsor: Wakefern Food Corp.
- Sponsor EIN: 221434516
- Sponsor Address: 5000 RIVERSIDE DRIVE, KEASBEY, NJ, 08832
- Plan Type: 401(k)
- Total Participants: 1,937
- Total Assets: $478.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1,937 | $478.5M | $9.0M | $18.4M |
| 2023 | 1,897 | $430.9M | $9.1M | $18.0M |
| 2022 | 1,834 | $362.3M | $8.4M | $17.1M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $196,066 | — | $196,066 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $95,879 | — | $95,879 |
| NEWPORT CAPITAL GROUP | CONSULTING | $48,692 | — | $48,692 |
| WITHUM SMITH & BROWN | ACCOUNTANT/AUDITOR | $38,502 | — | $38,502 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- WITHUM SMITH & BROWN — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $379,139
- Estimated Expense Ratio: 0.079% 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 | $375,214 | $196,066 | — | $38,502 | — |
| 2023 | $335,971 | $189,773 | — | $33,822 | — |
| 2022 | $7,144 | $179,786 | — | — | — |