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FORM 5500 DATA

Publix Super Markets, Inc. 401k Smart Plan

Overview

Plan Information

  • Plan Year01/01/2014 — 12/31/2014
  • Date of Plan01/01/1995
  • Net Assets as of 12/31/2014 $3,326,008,102
  • Plan Number4
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2014

  • Active (Eligible) Participants145,933
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits11,384
  • Subtotal157,317
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits304
  • Total157,621
  • Total number of participants as of 01/01/2014150,209
  • Number of participants with account balances82,168
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested729

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address3300 Publix Corporate Parkway
  • CityLakeland
  • StateFL
  • Zip33811-3311
  • Telephone(863) 688-1188
  • EIN59-0324412
  • Industry Code445110
  • Named AdministratorLinda Kane

Audit Information

  • Audit StatusAudited
  • AuditorKPMG LLP
  • Auditor EIN13-5565207
  • Audit OpinionUnqualified
  • Audit Type Full Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J Code section 401(k) feature A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
2K Code section 401(m) arrangement Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
3F Leased Employees Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
3I Employer Securities Limitations Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $1,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $879,665,898
Contributions $170,700,593
Cash Contributions $142,088,146
Cash from Employers $0
Cash from Participants $142,088,146
Others (including rollovers) $0
Noncash Contributions $28,612,447
Total Earnings on Investments $708,965,305
Total Interest $3,142,431
Interest-Bearing Cash $750
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $3,141,681
Interest from Other Investments $0
Total Dividends $61,957,707
Preferred Stock $0
Common Stock $52,384,565
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $630,127,739
Real Estate $0
Other $630,127,739
Net investment gain (loss) from common/collective trusts $13,372,232
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $365,196
Other Income $0
Expenses $166,228,668
Total Benefit Payments $162,063,297
Directly to participants or beneficiaries, including direct rollovers $162,063,297
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $3,001,833
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $1,163,538
Professional Fees $0
Contract Administrator Fees $1,163,538
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $713,437,230
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2014 12/31/2013 Change YOY
Total Assets $3,335,960,497 $2,620,262,986 27.31%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $28,612,447 $26,482,918 8.04%
Employer Contributions $28,612,447 $26,482,918 8.04%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $54,025,381 $49,655,388 8.80%
Interest-bearing cash $54,025,381 $49,655,388 8.80%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $104,360,045 $93,603,501 11.49%
Value of interest in common/collective trusts $197,420,607 $185,646,618 6.34%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $181,406,534 $177,515,971 2.19%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $2,770,135,483 $2,087,358,590 32.71%
Employer Securities $2,770,135,483 $2,087,358,590 32.71%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $9,952,395 $7,692,114 29.38%
Benefit Claims Payable (1) $6,950,562 $4,863,828 42.90%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $3,001,833 $2,828,286 6.14%
Net Assets $3,326,008,102 $2,612,570,872 27.31%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Voya Institutional Plan Services

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Voya Institutional Plan Services Contract Administrator, Recordkeeping and information management (computing, tabulating, data processing, etc.), Custodial (securities), Trustee (bank, trust company, or similar financial institution), Trustee (directed), Legal, Participant loan processing, Other services, Recordkeeping fees, Account maintenance fees Recordkeeper $1,163,538 $0 $1,163,538
State Street Global Advisors Investment management fees paid directly by plan Investment Manager $71,690 $0 $71,690
Total $1,235,228 $0 $1,235,228

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Invesco Stable Value Trust Fund Invesco National Trust Company DFE: Common/Collective Trust $64,233,943
Ssga S & P 500 Index State Street Bank & Trust Company DFE: Common/Collective Trust $59,808,753
Ssga Moderate Strategic Bal Fd State Street Bank & Trust Company DFE: Common/Collective Trust $22,738,914
Ssga Aggressive Strategic Bal Fd State Street Bank & Trust Company DFE: Common/Collective Trust $20,292,554
Ssga Midcap Index Fund State Street Bank & Trust Company DFE: Common/Collective Trust $20,031,402
Ssga Conservative Strategic Bal Fd State Street Bank & Trust Company DFE: Common/Collective Trust $10,315,041
Total $197,420,607

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.