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Company:
Hannaford Bros. Co.
Plan:
Hannaford Savings and Investment Plan
 

Hannaford Bros. Co.

58 Plan: Hannaford Savings and Investment Plan

 
 
58
37
55
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (58) and the top rated plan (79) could equate to:
[How is this calculated?]
10 additional years of work
Up to $110,900 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

Hannaford Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 15% of plans for Total Plan Cost. Hannaford Savings and Investment Plan currently has over 16,300 active participants and over $445.9M in plan assets.

 

 Retirement Plan Details

Address 145 Pleasant Hill Rd.
Scarborough, ME 04074-9309 
Industry Supermarkets and Other Grocery (except Convenience) Stores
Administrator Alan Cardinal
Net Plan Assets $446,000,000
Total Participants 16,000
Avg Account Balance $27,000

 Compare Other Companies in Peer Group

ALDI 60.1
Giant Eagle 55.9
Raley's 54.3
Save Mart Supermarkets 49.6
Albertsons, LLC 49.4
The Great Atlantic & Pacific Tea... 47.4

 Top 3 Funds in this 401k

1. Vanguard Retirement Savings Trust 15%
2. Vanguard 500 Index 12%
3. Vanguard Capital Opportunity 8%

  Plan Service Providers

Recordkeeper Vanguard Group
Consultant Vanguard Group
Auditor Baker Newman Noyes LLC

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