Hometown Grocery, LLC d/b/a Grant's Supermarket

58
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
58
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (18)
Average in Peer Group (51)
Highest in Peer Group (83)

Plan Description

Hometown Grocery 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. Hometown Grocery 401k Retirement Savings Plan currently has over 200 active participants and over $3.4M in plan assets.

Did you know?

For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (58) and the top rated plan (83) could equate to:
11
Additional years of work
184,797
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address P O Box 69
  • Location
    North Tazewell , VA
  • 24630
  • Industry
    Supermarkets and Other Grocery (except Convenience) Stores
  • Administrator
    Ronny Martin
  • Net Plan Assets
    $3,440,000
  • Total Participants
    230
  • Avg Account Balance
    $24,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Below Avg.
Account Balance:
Below Avg.

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Average
Salary Deferrals:
Below Avg.
Account Balance:
Average

Peer Group Plans

Company Rating
Weaver Street Market 61.0
Bracey's Supermarket 56.0
Leevers Supermarkets 51.7
Dash Markets 49.4
Ges 48.5
Davis/Burkett Food 47.6

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

31

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
JPMorgan SmartRetirement 24%
64%
Alger Spectra 20%
41%
JPMorgan Equity Income 17%
53%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Corporate Trustee
BB&T
Recordkeeper
BB&T
Auditor
Brown, Edwards & Company, L.L.P.

Articles and Questions

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