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Wawa, Inc. Employee Stock Ownership Plan


Plan Information

  • Plan Year01/01/2014 — 12/31/2014
  • Date of Plan01/01/1992
  • Net Assets as of 12/31/2014 $1,202,212,462
  • Plan Number5
  • 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) Participants13,690
  • Retired or separated participants receiving benefits11
  • Other retired or separated participants entitled to future benefits3,063
  • Subtotal16,764
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits43
  • Total16,807
  • Total number of participants as of 01/01/201414,979
  • Number of participants with account balances12,273
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested1,416


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

Sponsor Information

  • Address260 West Baltimore Pike
  • CityWAWA
  • StatePA
  • Zip19063
  • Telephone(610) 358-8000
  • EIN21-0515330
  • Industry Code445120
  • Named AdministratorDaniel Peterson

Audit Information

  • Audit StatusAudited
  • AuditorDeloitte & Touche, LLP
  • Auditor EIN13-3891517
  • Audit OpinionUnqualified
  • Audit Type Full Audit

Benefits Provided Under the Plan

Code Benefit Description
2O ESOP other than a leveraged ESOP An Employee Stock Ownership Plan (ESOP) is a type of employee benefit plan designed to invest primarily in employer stock.
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 $5,000,000
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


Income and Expense Statement

Income $434,604,975
Contributions $37,208,984
Cash Contributions $37,208,984
Cash from Employers $37,208,984
Cash from Participants $0
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $397,395,991
Total Interest $227,862
Interest-Bearing Cash $218,577
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $9,285
Interest from Other Investments $0
Total Dividends $9,160,957
Preferred Stock $0
Common Stock $9,160,957
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $388,007,172
Real Estate $0
Other $388,007,172
Net investment gain (loss) from common/collective trusts $0
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 $0
Other Income $0
Expenses $52,555,738
Total Benefit Payments $47,192,263
Directly to participants or beneficiaries, including direct rollovers $47,192,263
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $7,425
Interest expense $5,350,023
Total Administrative Expenses $6,027
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $6,027
Net Income $382,049,237
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $1,827,776

Asset and Liability Statement

12/31/2014 12/31/2013 Change YOY
Total Assets $1,403,714,273 $959,726,774 46.26%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $28,010,165 $36,805,174 -23.90%
Employer Contributions $25,682,741 $36,804,986 -30.22%
Participant Contributions $0 $0 0.0%
Other Contributions $2,327,424 $188 1237891.49%
General Investments $4,206,525 $1,582,259 165.86%
Interest-bearing cash $4,206,525 $1,582,259 165.86%
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 $163,812 $215,559 -24.01%
Value of interest in common/collective trusts $0 $0 0.0%
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 $0 $0 0.0%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $1,371,333,771 $921,123,782 48.88%
Employer Securities $1,371,333,771 $921,123,782 48.88%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $201,501,811 $137,735,773 46.30%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $201,501,811 $137,735,773 46.30%
Net Assets $1,202,212,462 $821,991,001 46.26%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Fidelity Investments Institutional

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
Fidelity Investments Institutional Participant loan processing, Recordkeeping fees, Account maintenance fees Recordkeeper $6,027 $0 $6,027
Total $6,027 $0 $6,027

Indirect Compensation

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

Service Providers Who Fail or Refuse to Provide Information

Name Nature of Service Description of Information

Service Providers Who Fail or Refuse to Provide Information

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

Termination Information on Accountants and Enrolled Actuaries

Name Position Explanation



No investments information available for this plan.

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.