401(k) Tips

Publix 401(k)

Learn how the Publix 401(k) plan works, including eligibility requirements for new employees, contributions, company match, and plan withdrawals.

4 min read

Publix is an American employee-owned grocery chain that is headquartered in Lakeland, Florida. Founded in 1930, the grocery chain has grown from a single store to more than 1388 stores and 250,000 employees as of September 2023. If you are a Publix employee, one of the benefits you will receive is a Publix 401(k) Smart plan.

Publix employees become eligible to participate in the Publix 401(k) Smart plan 6 months after their hire date if they are at least age 18 or older. Employees can contribute as low as $1 and up to 30% of their eligible pay each pay period, up to the annual IRS contribution limit. The company also offers a 50% match of every dollar you contribute, up to 3% of eligible pay with a maximum limit of $750 a year.

Publix 401k provider

Publix Super Markets Inc. offers the Publix Super Market Inc. 401(k) Smart Plan via Voya Financial. Voya is a wealth and investment company that, among other things, manages workplace benefits and retirement savings. Every pay period, Publix deducts contributions from eligible employees’ paychecks and sends these retirement savings to Voya Financial. If you have a 401(k) Smart plan with Publix, you can access your 401(k) assets on the Voya Financial website.

Publix 401k login

Eligible Publix Super Markets employees can log into their 401(k) accounts on the Voya 401(k) Login page. You will be required to enter your username and password to access your account.

If you recently became eligible for a 401(k) Smart plan, you can register a new account on the Voya registration page. As a new user, you will be required to provide your Social Security Number and PIN, or your Social Security Number and your date of birth.

Publix 401(k) participants can also access and manage their retirement savings using the Voya Retire mobile app.

Publix 401k match

Publix matches 50 cents for every dollar you contribute to your 401(k) Smart plan up to 3% of your eligible pay, up to $750 a year. However, to be eligible to receive the employer match, you must have completed 1000 work credit hours by the end of your first anniversary in that plan year that ends December 31.

Publix 401k customer service

If you need help with your Publix 401(k), you can contact Voya’s customer service at 1-888-401k-PLN (1-888-401-5756) anytime from Monday to Friday between 8.00 a.m. to 8.00 p.m. EST. Remember, when you call the Publix 401(k) customer service, you will be asked to provide your PIN. If you don't know your PIN, you can find it in your 401(k) account under My Profile.

Publix 401k loan

If you have a 401(k) plan with Publix Super Markets, you can borrow up to half of your vested 401(k) balance, up to a maximum of $50,000, reduced by your highest outstanding balance in the previous 12 months. The minimum amount you can borrow is $1,000. You will have up to 5 years to repay the loan, or longer if you borrowed to purchase your primary residence. You can only have one loan outstanding at any time, and you can only take one loan each year.

Publix 401k after termination

If you have a Publix 401(k) account and you have been terminated, you may have several options with your 401(k) money. If your 401(k) balance is below $5,000, you will have up to 60 days to decide what to do with the money. You can choose to rollover the money to another retirement plan like a 401(k) or IRA, or cash out. However, if your balance is above $5,000, you can choose to leave the money in the former employer's plan. The retirement money will continue growing until you decide what to do with the money.

Publix 401k withdrawal

If you are actively employed, you can take an in-service distribution from your Publix Smart 401(k) once you reach age 59 ½. If you are younger than 59 ½, you won’t be allowed to make a withdrawal from your Publix 401(k) account unless you have an immediate and heavy financial need.

If you have separated from employment, you can withdraw your 401(k) money at any age. However, be aware that you will owe income taxes on the withdrawal, and an additional penalty tax if you are below age 59 ½.

Publix 401k early withdrawal

You won’t be allowed to make an early 401(k) withdrawal from your Publix Smart 401(k) account until you are age 59 ½. However, there is an exemption to this rule if you are facing financial hardship. Some of the eligible financial hardships may include paying certain education expenses, paying medical expenses, preventing foreclosure or eviction, or purchasing your primary residence. If you take a hardship withdrawal, you won’t be allowed to make plan contributions to your 401(k) account for six months from the date of distribution.

Publix 401k rollover form

You can download a Publix 401(k) rollover form in your 401(k) account on the Voya Financial website. You can also call a Publix 401(k) plan customer service representative at 1-888-401k-PLN (1-888-401-5756) to request a rollover form. Ensure that the money you want to roll over into your Publix 401(k) plan is coming from a qualified retirement plan.

Publix 401k account number

You can find your Publix 401(k) account number by logging into your 401(k) account at Voya. You will be asked to enter your username and password to access your 401(k) account. You will find your Publix 401(k) account number under My Profile. You should also check past communications from the Publix 401(k) plan, including plan notifications and 401(k) statements, for your 401(k) account number.

Publix 401k phone number

You can contact the Publix 401(k) customer service representatives at 1-888-401k-PLN (1-888-401-5756) anytime from Monday to Friday from 8.00 a.m. to 8.00 p.m. You can also contact the Publix 401(k) plan administrator Monica Allman via phone at 1-863-688-1188.

Publix 401k administrator

The plan administrator for the Publix 401(k) plan is the Vice President of Benefits Administration of Publix Super Markets. As of 2023, this position is held by Monica Allman, who replaced Linda Kane, the long-serving Vice President of Publix who retired in 2022. If you need help with your Publix 401(k) benefits, you can contact the plan administrator at 1-863-688-1188. You can also write to the Publix 401(k) plan administrator at the following address: 3300 Publix Corporate Parkway, Lakeland, FL, 33811.

Publix 401k eligibility

If you are a new Publix employee, you become eligible to participate in the Publix 401(k) Smart plan once you complete 6 months after your hire date, and if you are at least age 18 or older. Once you enroll in the plan, you can start contributing as low as $1 up to 30% of your eligible pay to your 401(k) plan, up to the annual IRS limit. The contributions are made on a pre-tax basis and are automatically deducted from your eligible pay and deposited into your 401(k) plan.

Publix 401k vesting

Publix 401(k) participants are always vested in their plan contributions to the 401(k) Smart plan and any earnings from the contributions. However, different vesting rules apply to the Publix match. You will be fully vested in your Publix match once you complete three years of credited service, attain age 60, become disabled, or pass away.

Publix 401k app

Publix 401(k) participants can access and manage their 401(k) using the Voya Retire mobile app. You can download the Voya Retire mobile app from the Apple App Store if you are using an iOS device, or Google Play Store if you have an Android device.

The mobile app allows you to view your current balance, quarterly statements, contributions history, etc. You can also manage your 401(k) account directly on the app; you can transfer funds, reallocate your current balance, change your contribution amount, and update the list of beneficiaries.

Publix 401k summary plan description

Once you enroll in the Publix 401(k) plan, you will receive an Associate Handbook and the Benefits Plan Documents. You can also download a copy of the Publix 401(k) benefits plan document by logging into your Publix account.