Milford Markets Inc., Dba Shoprite Of Milford 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2014. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Milford Markets Inc., Dba Shoprite Of Milford 401(k) Plan Facts (plan year 2014)

Plan name
MILFORD MARKETS, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) and profit sharing
Plan sponsor
MILFORD MARKETS INC., DBA SHOPRITE OF MILFORD
Participants
163 (156 active employees)
Former employees with a balance
15
Plan assets
$4,648,631 at Dec 31, 2014
Average account balance
$40,423 across 115 accounts
Employer contributions
$234,113 in plan year 2014 (31% of all contributions)
Plan year
Jan 1, 2014 – Dec 31, 2014
Plan established
Oct 4, 1998
— Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2014 (Jan 1, 2014 – Dec 31, 2014), filed May 22, 2015. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2014

  • $748,048 went into the plan in contributions, $234,113 of it from the employer (31%).
  • $142,110 was paid out to participants.
  • Investment and other income added $252,693.
  • Administrative expenses were $13,142, about $114 per account.

How the Milford Markets Inc., Dba Shoprite Of Milford 401(k) changed, 2009–2014

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
200953$832,051$60,740$5,666
201055$1.38 million$99,992$25,891
2011128$2.05 million$177,607$21,290
2012128$3.07 million$184,714$143,926
2013136$3.80 million$203,835$428,752
2014163$4.65 million$234,113$142,110

Milford Markets Inc., Dba Shoprite Of Milford 401(k) Contact Information

Phone
203-882-5280
Mailing address
155 CHERRY ST, MILFORD CT 064603431
Plan sponsor
MILFORD MARKETS INC., DBA SHOPRITE OF MILFORD
Employer identification number (EIN)
06-1445138
Plan number
001

Questions about the Milford Markets Inc., Dba Shoprite Of Milford 401(k)

Is the Milford Markets Inc., Dba Shoprite Of Milford 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2014, and no later filing was found under this employer's EIN.

Does Milford Markets Inc., Dba Shoprite Of Milford contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $234,113 in employer contributions for plan year 2014.

Does the Milford Markets Inc., Dba Shoprite Of Milford 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Milford Markets Inc., Dba Shoprite Of Milford 401(k) plan?

163 participants at the start of plan year 2014, 156 of them active employees, and 15 former employees who still had money in the plan.

What is the average 401(k) balance at Milford Markets Inc., Dba Shoprite Of Milford?

About $40,423 per account: $4.65 million in plan assets across 115 accounts with a balance at the end of plan year 2014.

Who manages the Milford Markets Inc., Dba Shoprite Of Milford 401(k) accounts?

Principal is the plan's recordkeeper, which is where participants log in to see their balance.

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