401(k) · DOL Form 5500 · 2023

Food Lion, LLC 401(k) Plan

Data updated 2026-08-11

$1.1B
Total assets
83,522
Participants
99th
Percentile by assets
$13,696
Avg per participant
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Official DOL plan name: Food Lion 401(k) Plan · Sponsored by Food Lion, LLC · North Carolina · Retail Trade

$1.1B in assets, 83,522 participants

Food Lion, LLC's Food Lion 401(k) Plan reported $1.1B in total assets and 83,522 participants in its 2023 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 127,072 plans)
  • #8,352 in Retail Trade (8,414 peers)

Coverage in North Carolina

Food Lion 401(k) Plan covers 83,522 participants in North Carolina, 102x the typical North Carolina plan (state average ~819 per filing). Assets: $1.1B.

$1.1B
total plan assets (2023 EOY)
83,522
covered participants
99th
percentile by assets (of 127,072 plans)
$13,696
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Food Lion 401(k) Plan reported net income rose from -$164M in the plan year 2022 filing to $143M in the plan year 2023 filing.
  • Food Lion 401(k) Plan end-of-year assets rose from $1.0B in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
  • Food Lion 401(k) Plan reported participants rose from 81,891 in the plan year 2022 filing to 83,522 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Food Lion 401(k) Plan reports 83,522 participants - 102x that state average ($1.1B EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.1B
Net Income$143M
Employer EIN562173154
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Food Lion, LLC)

$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $1B $1.27B ▲ +27.0%
Total plan assets by year, all Food Lion, LLC plans on file
Year Plans Participants Total Assets
2022 1 81,891 $1.0B
2023 1 83,522 $1.1B
2024 1 83,873 $1.3B

Nearby 401(k) Plans in North Carolina

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

Food Lion 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Food Lion 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 -200204060 Total assets ($B) Participants Food Lion 401(k) PlanThe Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Truist Financial Cor…Nucor Corporation Pr…
Food Lion 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Scale composition for Food Lion 401(k) Plan

Food Lion 401(k) Plan reports $1.1B in end-of-year assets across 83,522 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.089% of 93,925,755 covered participants) - about $13,696 per participant (10% of the national average assets-per-participant) . Net income for plan year 2023 was $143M.

This plan identity (EIN 562173154, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.0B to $1.3B (+26.5%) while covered participants moved from 81,891 to 83,873 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 81,891 $1.0B Open filing
2023 83,522 $1.1B This page
2024 · index core 83,873 $1.3B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Food Lion 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Food Lion 401(k) Plan assets move in 2023?
Food Lion 401(k) Plan grew at a solid clip - up 14.2% during 2023, from $1.0B to $1.1B. Reported net income was $143M.
How have Food Lion, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Food Lion, LLC's sponsor-wide assets grew 26.5%, from $1.0B to $1.3B.
Where does Food Lion 401(k) Plan rank by assets among Form 5500 filers?
Food Lion 401(k) Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Food Lion 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Hcl America, Inc. 401(k) Plan in CA ($1.1B, 21,117 participants).

Filing takeaways

Ways to act on Food Lion 401(k) Plan's numbers.