Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN

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

FAREWAY STORES, INC.

This Profit Sharing plan holds $360M in total assets and serves 5,452 participants as of 2023. It is sponsored by FAREWAY STORES, INC. in Iowa. The plan reported positive net income of $56M for the year.

Total Assets (2023)
$360M
Participants
5,452
State
Industry
Retail Trade

What the Filing Says About FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN

FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN is a Profit Sharing retirement plan sponsored by FAREWAY STORES, INC., headquartered in Iowa. As of the 2023 Form 5500 filing, the plan reports $360M in total end-of-year assets and covers 5,452 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 420240920, and the plan has been effective since 1985-12-29. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $304M at the beginning of 2023 to $360M at year-end — a gain of 18.3%. Net assets (after liabilities) closed the year at $360M, with reported net income of $56M 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)$304M
Total Assets (End of Year)$360M
Net Assets (End of Year)$360M
Net Income$56M
Plan TypeProfit Sharing
Employer EIN420240920
Plan Effective Date1985-12-29
Filing StatusFILING RECEIVED

Sponsor Plan History (FAREWAY STORES, INC.)

Year Plans Participants Total Assets
2022 1 5,028 $304M
2023 1 5,452 $360M
2024 1 5,802 $401M

Nearby Profit Sharing Plans in Iowa

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Frequently Asked Questions

How much money is in the FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN?
As of the 2023 Form 5500 filing, FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN holds $360M in total assets with 5,452 participants. It is sponsored by FAREWAY STORES, INC..
What type of plan is FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN?
FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN is a Profit Sharing plan. It has been effective since 1985-12-29. The plan is filed with the U.S. Department of Labor under EIN 420240920.
Who sponsors the FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN?
FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN is sponsored by FAREWAY STORES, INC., located in Iowa. The sponsor's EIN is 420240920 and the plan operates in the Retail Trade industry.
How did FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN perform in 2023?
FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN grew by 18.3% during 2023, moving from $304M to $360M in total assets. Net income was $56M.
Where can I find official filings for FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN?
Official Form 5500 filings for FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 420240920 or plan name at efast.dol.gov.
How does FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN compare to other plans?
You can compare FAREWAY STORES, INC. 401(K) PROFIT SHARING PLAN against other Profit Sharing plans on the plan type page, or view plans in Iowa on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 420240920.

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 official public datasets. See our methodology for details.