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Company:
Safeway Inc.
Plan:
Safeway 401k Plan and Trust
 

Safeway Inc.

49 Plan: Safeway 401k Plan and Trust

 
 
49
17
52
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (49) and the top rated plan (83) could equate to:
[How is this calculated?]
16 additional years of work
Up to $245,100 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

Safeway 401k Plan and Trust is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 49. This plan is in the top 15% of plans for Total Plan Cost. Safeway 401k Plan and Trust currently has over 133,700 active participants and over $1.5B in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
27
Plan Average: 24
Top 3 Funds in this 401k
1. SSgA S&P 500 Flagship 17%
2. PIMCO Total Return 11%
3. Total Corporate Bonds 11%

 Retirement Plan Details

Address 5918 Stoneridge Mall Road
Pleasanton, CA 94588 
Industry Supermarkets and Other Grocery (except Convenience) Stores
Administrator Lisa Montalvo
Net Plan Assets $1,460,000,000
Total Participants 130,000
Avg Account Balance $38,000

 Compare Other Companies in Peer Group

Publix Super Markets 58.0
Best Buy Co. 56.9
Starbucks Coffee Company 53.1
Whole Foods Market 49.6
The Kroger Co. 45.2
Ahold USA 41.2

  Plan Service Providers

Recordkeeper JPMorgan
Investment Adviser Aon Hewitt EnnisKnupp
Corporate Trustee JPMorgan
Auditor Deloitte & Touche, LLP

 Comments