401(k) ยท DOL Form 5500 ยท 2022

The Market Basket 401(k) Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$7M
Total assets
185
Participants
35th
Percentile by assets

Sponsored by Market Basket ยท New Jersey ยท Food Services & Accommodation

What the 2022 filing shows

The Market Basket 401(k) Retirement Plan holds $7M for 185 participants - about $36,729 per participant, in the lower half of filed plans by assets, down 19.8% over the 2022 plan year.

$7M
total plan assets (2022 EOY)
185
covered participants
35th
percentile by assets (of 84,055 plans)
$36,729
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$7M
Participants
185
State
Industry
Food Services & Accommodation

What the Filing Says About The Market Basket 401(k) Retirement Plan

The Market Basket 401(k) Retirement Plan is a 401(k) retirement plan sponsored by Market Basket, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 185 participants across the Food Services & Accommodation industry. The sponsor's EIN on file with the U.S. Department of Labor is 221712895, and the plan has been effective since 1990-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $8M at the beginning of 2022 to $7M at year-end - a decline of 19.8%. Net assets (after liabilities) closed the year at $7M, with reported net income of $-1,675,360 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$8M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$-1,675,360
Plan Type401(k)
Employer EIN221712895
Plan Effective Date1990-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Market Basket)

Year Plans Participants Total Assets
2022 1 185 $7M
2023 1 177 $8M
2024 1 177 $9M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the The Market Basket 401(k) Retirement Plan?
As of the 2022 Form 5500 filing, The Market Basket 401(k) Retirement Plan holds $7M in total assets with 185 participants. It is sponsored by Market Basket.
What type of plan is The Market Basket 401(k) Retirement Plan?
The Market Basket 401(k) Retirement Plan is a 401(k) plan. It has been effective since 1990-10-01. The plan is filed with the U.S. Department of Labor under EIN 221712895.
Who sponsors the The Market Basket 401(k) Retirement Plan?
The Market Basket 401(k) Retirement Plan is sponsored by Market Basket, located in New Jersey. The sponsor's EIN is 221712895 and the plan operates in the Food Services & Accommodation industry.
How did The Market Basket 401(k) Retirement Plan perform in 2022?
The Market Basket 401(k) Retirement Plan declined by 19.8% during 2022, moving from $8M to $7M in total assets. Net income was $-1,675,360.
Where can I find official filings for The Market Basket 401(k) Retirement Plan?
Official Form 5500 filings for The Market Basket 401(k) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 221712895 or plan name at efast.dol.gov.
How does The Market Basket 401(k) Retirement Plan compare to other plans?
You can compare The Market Basket 401(k) Retirement Plan against other 401(k) plans on the plan type page, or view plans in New Jersey on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 221712895.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.