RONETCO SUPERMARKETS, INC. THRIFT SAVINGS 401(K) PLAN

  • Address: 1070 ROUTE 46,LEDGEWOOD,NJ
  • Contact person: DAVID P. ROMANO
  • Phone: (973) 927-8300

RONETCO SUPERMARKETS, INC. THRIFT SAVINGS 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

At the end of 2022, the total retirement plan assets of RONETCO SUPERMARKETS, INC. THRIFT SAVINGS 401(K) PLAN is $52,274,546.00.This plan was established in 1985.

At the end of 2022, the total number of retirement plan participants in RONETCO SUPERMARKETS, INC. THRIFT SAVINGS 401(K) PLAN is 363

In 2022, the average participant retirement account value for RONETCO SUPERMARKETS, INC. THRIFT SAVINGS 401(K) PLAN is $144,007.00

In 2022, the estimated average employee contribution amount per participant for RONETCO SUPERMARKETS, INC. THRIFT SAVINGS 401(K) PLAN is $3,755.00

In 2022, the estimated average employer match for an employee in RONETCO SUPERMARKETS, INC. THRIFT SAVINGS 401(K) PLAN is approximately $1,709.00

In 2022, RONETCO SUPERMARKETS, INC. THRIFT SAVINGS 401(K) PLAN allocates $620,643.00 to match its employees' contributions, providing an employer match rate of 40.70% of their contributions

In 2022, the total retirement plan asset growth rate of RONETCO SUPERMARKETS, INC. THRIFT SAVINGS 401(K) PLAN is -18.80%

In 2022, the estimated aggregate retirement account investment gain/loss for RONETCO SUPERMARKETS, INC. THRIFT SAVINGS 401(K) PLAN is -14.57%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of RONETCO SUPERMARKETS, INC. THRIFT SAVINGS 401(K) PLAN is 0.08%.

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