Employers › New Rite Aid › plan 025
Recordkeeping fees per participant · The Rite Aid 401(k) Plan · plan year 2024
$56.02
Higher than 89% of the 790 plans over $1B that report it.
= $1,275,315 / 22,767
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250905145524NAL0017299473001, received 2025-09-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250905145524NAL0017299473001, received 2025-09-05
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-05.
Administrative expenses excluding investment management, per participant
$56.85
Higher than 68% of the 1,045 plans over $1B that report it.
= $1,294,319 / 22,767
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250905145524NAL0017299473001, received 2025-09-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250905145524NAL0017299473001, received 2025-09-05
Administrative expenses per participant
$94.28
Higher than 67% of the 1,076 plans over $1B that report it.
= $2,146,367 / 22,767
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250905145524NAL0017299473001, received 2025-09-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250905145524NAL0017299473001, received 2025-09-05
Administrative expenses as a share of assets
0.067%
Higher than 70% of the 1,076 plans over $1B that report it.
= $2,146,367 / $3,205,758,976
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250905145524NAL0017299473001, received 2025-09-05
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250905145524NAL0017299473001, received 2025-09-05
Employer contributions per participant
$1,360
Higher than 9% of the 1,135 plans over $1B that report it.
= $30,970,027 / 22,767
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250905145524NAL0017299473001, received 2025-09-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250905145524NAL0017299473001, received 2025-09-05
Employer share of total contributions
28.1%
Higher than 33% of the 1,135 plans over $1B that report it.
= $30,970,027 / $110,312,474
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250905145524NAL0017299473001, received 2025-09-05
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250905145524NAL0017299473001, received 2025-09-05
98.5% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $16,553 ($95.00 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250905145524NAL0017299473001, received 2025-09-05
| Field | Value | Source |
|---|---|---|
| Plan sponsor | RITE AID CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Plan name | THE RITE AID 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Sponsor EIN / plan number | 23-1614034 / 025 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Sponsor location | HARRISBURG, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Industry (business code) | 446110, Retail trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Filing received | 2025-09-05 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Participants, beginning of year | 39,101 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Active participants | 16,944 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Participants, end of year | 30,990 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Participants with an account balance | 22,767 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Total assets, beginning of year | $3,281,733,768 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Total assets, end of year | $3,205,758,976 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Net assets, end of year | $3,205,758,976 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Total income | $560,661,984 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Net income | $-75,974,792 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Employer contributions | $30,970,027 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Participant contributions | $73,460,548 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Other contributions (incl. rollovers) | $5,881,899 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Total contributions | $110,312,474 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Benefit payments | $631,972,356 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Total expenses (incl. benefit payments) | $636,636,776 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Total administrative expenses | $2,146,367 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Recordkeeping fees | $1,275,315 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| IQPA audit fees | $14,805 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Investment advisory and management fees | $852,048 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Administrative expenses excluding investment management | $1,294,319 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Held in master trusts | $3,156,498,813 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Held in mutual funds | $0 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250905145524NAL0017299473001, received 2025-09-05 |
| Independent auditor | CLIFTONLARSONALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250905145524NAL0017299473001, received 2025-09-05 |
Position = column in the DOL layout for form year 2024. Filing 20250905145524NAL0017299473001, received 2025-09-05.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | NONE | 64 Recordkeeping fees; 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan | $755,745 | yes |
| EMPOWER ADVISORY GROUP, LLC | NONE | 28 Investment management; 26 Investment advisory (participants); 50 Direct payment from the plan | $725,711 | no |
| NEPC LLC | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $126,337 | no |
| CLIFTONLARSONALLEN LLP | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $14,805 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250905145524NAL0017299473001, received 2025-09-05.
RITE AID MASTER RET SAVINGS TRUST (EIN 231614034, PN 001): plan interest $3,156,498,813, 90.5% of the trust. The trust's own filing (20250905145108NAL0035822066001, received 2025-09-05) reports net assets $3,489,633,098, administrative expenses $18,300, recordkeeping fees $0, investment management fees $0 and 1 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| EMPOWER TRUST COMPANY, LLC | 20 | $18,300 | $16,553 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $3,281,733,768 | $3,205,758,976 | -2.3% |
| Participants with a balance | 24,649 | 22,767 | -7.6% |
| Administrative expenses | $2,242,468 | $2,146,367 | -4.3% |
| Recordkeeping fees per participant | $57.35 | $56.02 | -2.3% |
| Employer contributions | $40,888,577 | $30,970,027 | -24.3% |
Prior filing 20241014173724NAL0053386002001, received 2024-10-14; the plan years are contiguous.