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Company:
Fareway Stores Inc.
Plan:
Fareway Stores Inc. Employees 401k Benefit Plan
 

Fareway Stores Inc.

57 Plan:

 
 
57
36
56
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (57) and the top rated plan (79) could equate to:
[How is this calculated?]
10 additional years of work
Up to $149,900 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

Fareway Stores Inc. Employees 401k Benefit Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 15% of plans for Total Plan Cost. Fareway Stores Inc. Employees 401k Benefit Plan currently has over 3,600 active participants and over $82.4M in plan assets.

 

 Retirement Plan Details

Address 2300 E Eighth Street
Boone, IA 50036-0070 
Industry Supermarkets and Other Grocery (except Convenience) Stores
Administrator Patrick G. Hagan
Sponsor Frederick R. Greiner
Net Plan Assets $82,400,000
Total Participants 3,600
Avg Account Balance $23,000

 Compare Other Companies in Peer Group

Redner's Markets 56.7
Cumberland Farms 54.4
K-VA-T Food Stores 53.8
Coborn's 51.8
Tawa Supermarket 50.6
Dierbergs Markets 49.2

 Top 3 Funds in this 401k

1. Vanguard LifeStrategy Growth 17%
2. Vanguard LifeStrategy Moderate Growth 14%
3. Transamerica Stable Pooled Fund 12%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Recordkeeper ABN AMRO Trust Services Company
Consultant Wells Fargo (Wachovia)
Auditor Lwbj Pension Consultants, LLC

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