The Fred W. Albrecht Grocery Company
74
Plan:
The Fred W. Albrecht Grocery Company Associates 401k Profit Sharing Plan
37
55
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (74) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
3 additional years of work Up to $1,700 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
The Fred W. Albrecht Grocery Company Associates 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances and Total Plan Cost. The Fred W. Albrecht Grocery Company Associates 401k Profit Sharing Plan currently has over 200 active participants and over $23.8M in plan assets.
Retirement Plan Details
| Address |
2700 Gilchrist Rd
Akron, OH 44305 |
| Industry | Supermarkets and Other Grocery (except Convenience) Stores |
| Administrator | David J. Hicks, Plan Administrator |
| Sponsor | David J. Hicks, Treasurer |
| Net Plan Assets | $23,800,000 |
| Total Participants | 240 |
| Avg Account Balance | $100,000 |
Compare Other Companies in Peer Group
| Grocery Outlet | 79.3 |
| Arden Group | 75.5 |
| Dierbergs Markets | 71.7 |
| Heinen's | 71.1 |
| Foodmaster Super Markets | 53.1 |
| Big Save | 47.1 |
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