Shop Rite, Inc. Profit Sharing 401(K) Plan — Form 5500 plan (Shop Rite, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Shop Rite, Inc. Profit Sharing 401(K) Plan is a benefit plan reported by Shop Rite, Inc. under EIN 72-0642703 and plan number 002. The latest loaded filing year is 2023. The filing reports 638 participants and $9,762,338 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$9.8MPlan net assets, end of year$9,751,331
Participants638Covered participants reported
Assets / participant$15.3KComputed: assets ÷ participants$15,301 (computed)
Provider compensation$542 Schedule C provider row(s)
- Plan sponsor
- Shop Rite, Inc.
- EIN
- 72-0642703
- Plan number
- 002
- Plan type
- 2
- Location
- Crowley, LA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 638 | H, C | 20240830144856NAL0008432243001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$9.8M total assets
Net assets$9.8MLiabilities$11K
Full reported line items
Net assets
- Total assets (EOY)
- $9,762,338
- Total liabilities (EOY)
- $11,007
- Net assets (EOY)
- $9,751,331
- Net assets (BOY)
- $8,200,737
Income & contributions
- Employer contributions
- $178,673
- Participant contributions
- $576,383
- Total contributions
- $755,056
- Total income / additions
- $2,160,708
Expenses & distributions
- Benefits paid
- $610,060
- Administrative expenses
- $54
- Total expenses
- $610,114
- Net increase / (decrease)
- $1,550,594
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
24%76%
Employer 24%Participant 76%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income28%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Hancock Whitney Bank | NONE | $54 | $0 | 2023 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 | 2023 |