Thrifty Payless Inc. 401(k) Plan: Login, Facts & Contact Information

Thrifty Payless Inc. 401(k) Plan Facts

Plan name
THRIFTY PAYLESS, INC. 401(K) RETIREMENT SAVINGS PLAN FOR COLLECTIVE BARGAINING PHARMACISTS
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THRIFTY PAYLESS INC.
Participants
1,037 (600 active employees)
Former employees with a balance
262
Plan assets
$266,922,292 at Dec 31, 2024
Average account balance
$301,948 across 884 accounts
Employer contributions
$379,048 in plan year 2024 (5% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1990
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 5, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.44 million went into the plan in contributions, $379,048 of it from the employer (5%).
  • $22.4 million was paid out to participants.
  • Investment and other income added $37.8 million.
  • Administrative expenses were $118,686, about $134 per account.

How the Thrifty Payless Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,024$200.8 million$532,840$13.3 million
2020917$232.2 million$465,299$7.87 million
20211,045$261.2 million$498,395$14.8 million
20221,107$215.1 million$492,991$10.4 million
20231,077$244.2 million$487,862$19.4 million
20241,037$266.9 million$379,048$22.4 million

Thrifty Payless Inc. 401(k) Contact Information

Phone
717-761-2633
Mailing address
P O BOX 3165, HARRISBURG PA 17105
Plan sponsor
THRIFTY PAYLESS INC.
Employer identification number (EIN)
95-4391249
Plan number
034

Questions about the Thrifty Payless Inc. 401(k)

Does Thrifty Payless Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $379,048, 5% of all contributions.

Does the Thrifty Payless Inc 401(k) have automatic enrollment?

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

How many people are in the Thrifty Payless Inc 401(k) plan?

1,037 participants at the start of plan year 2024, 600 of them active employees, and 262 former employees who still had money in the plan.

What is the average 401(k) balance at Thrifty Payless Inc?

About $301,948 per account: $266.9 million in plan assets across 884 accounts with a balance at the end of plan year 2024.

Who manages the Thrifty Payless Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Thrifty Payless Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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