Plan Snapshot
- Plan Sponsor: Wegmans Food Markets INC.
- Sponsor EIN: 161309424
- Sponsor Address: PO BOX 30844, ROCHESTER, NY, 146030844
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 66,626
- Total Assets: $4.0B
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. |
|---|---|---|---|---|
| 2025 | 66,626 | $4.0B | $0 | $0 |
| 2024 | 55,056 | $3.4B | $82.7M | $119.7M |
| 2023 | 42,027 | $3.0B | $38.8M | $55.2M |
| 2022 | 41,071 | $2.8B | $73.5M | $105.6M |
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 | $473,514 | — | $473,514 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $473,514
- Estimated Expense Ratio: 0.012% 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 |
|---|---|---|---|---|---|
| 2025 | $266,537,615 | — | — | — | — |
| 2024 | $360,850 | — | — | — | — |
| 2023 | -$21,770 | — | — | — | — |
| 2022 | $43,020 | — | — | — | — |