401k Plan data: FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN plan

FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	003

FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Profit-sharing Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP. The employer maintaining this ESOP is an S Corporation

401k Sponsoring company profile

FOOD AUTHORITY HOLDINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name: FOOD AUTHORITY HOLDINGS, INC.

Employer identification number (EIN): 822618144

NAIC Classification: 424400

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2023-01-01 JOSEPH M. SALVATOR 2024-10-14
003 2022-01-01 JOSEPH M. SALVATOR 2023-12-21
003 2021-01-01 ROBERT FITZSIMMONS 2022-12-09

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
003	2023-01-01	JOSEPH M. SALVATOR	2024-10-14
003	2022-01-01	JOSEPH M. SALVATOR	2023-12-21
003	2021-01-01	ROBERT FITZSIMMONS	2022-12-09

Plan Statistics for FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023: FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 636
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 409
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 190
Total of all active and inactive participants 2023-01-01 599
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 599
Number of participants with account balances 2023-01-01 595
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 65
2022: FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 531
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 376
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 134
Total of all active and inactive participants 2022-01-01 510
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 510
Number of participants with account balances 2022-01-01 495
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 58
2021: FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 467
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 325
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 89
Total of all active and inactive participants 2021-01-01 414
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 414
Number of participants with account balances 2021-01-01 406
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 95

Measure	Date	Value
2023: FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	636
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	409
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	190
Total of all active and inactive participants	2023-01-01	599
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	599
Number of participants with account balances	2023-01-01	595
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	65
2022: FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	531
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	376
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	134
Total of all active and inactive participants	2022-01-01	510
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	510
Number of participants with account balances	2022-01-01	495
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	58
2021: FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	467
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	325
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	89
Total of all active and inactive participants	2021-01-01	414
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	414
Number of participants with account balances	2021-01-01	406
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	95

Financial Data on FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2023 : FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2023-12-31	$12,280,000
Total unrealized appreciation/depreciation of assets	2023-12-31	$12,280,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$51,995,985
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$54,026,809
Expenses. Interest paid	2023-12-31	$909,325
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2023-12-31	$909,325
Total income from all sources (including contributions)	2023-12-31	$15,225,717
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$909,325
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$2,945,699
Value of total assets at end of year	2023-12-31	$18,046,936
Value of total assets at beginning of year	2023-12-31	$5,761,368
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$0
Total interest from all sources	2023-12-31	$18
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$500,000
If this is an individual account plan, was there a blackout period	2023-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2023-12-31	$909,325
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2023-12-31	$972,053
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Value of net income/loss	2023-12-31	$14,316,392
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$-33,949,049
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$-48,265,441
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-12-31	No
Were any leases to which the plan was party in default or uncollectible	2023-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2023-12-31	$7,597
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2023-12-31	$1,218
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2023-12-31	$1,218
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2023-12-31	$18
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	No
Was there a failure to transmit to the plan any participant contributions	2023-12-31	No
Has the plan failed to provide any benefit when due under the plan	2023-12-31	No
Assets. Invements in employer securities at end of year	2023-12-31	$15,100,000
Assets. Invements in employer securities at beginning of year	2023-12-31	$2,820,000
Contributions received in cash from employer	2023-12-31	$2,945,699
Employer contributions (assets) at end of year	2023-12-31	$2,939,339
Employer contributions (assets) at beginning of year	2023-12-31	$2,940,150
Did the plan have assets held for investment	2023-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2023-12-31	$51,086,660
Liabilities. Value of acquisition indebtedness at beginning of year	2023-12-31	$53,054,756
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	FORVIS MAZARS, LLP
Accountancy firm EIN	2023-12-31	440160260
2022 : FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2022-12-31	$263,427
Total unrealized appreciation/depreciation of assets	2022-12-31	$263,427
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$53,312,092
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$59,331,291
Expenses. Interest paid	2022-12-31	$972,053
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2022-12-31	$972,053
Total income from all sources (including contributions)	2022-12-31	$3,204,867
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$972,053
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$2,940,150
Value of total assets at end of year	2022-12-31	$5,760,150
Value of total assets at beginning of year	2022-12-31	$9,546,535
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$0
Total interest from all sources	2022-12-31	$1,290
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2022-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2022-12-31	$316,079
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$2,232,814
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$-47,551,942
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$-49,784,756
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$1,218
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$1,290
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Assets. Invements in employer securities at end of year	2022-12-31	$2,820,000
Assets. Invements in employer securities at beginning of year	2022-12-31	$3,270,000
Contributions received in cash from employer	2022-12-31	$2,940,150
Employer contributions (assets) at end of year	2022-12-31	$2,940,150
Employer contributions (assets) at beginning of year	2022-12-31	$6,276,535
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2022-12-31	$53,312,092
Liabilities. Value of acquisition indebtedness at beginning of year	2022-12-31	$59,015,212
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	MAZARS USA LLP
Accountancy firm EIN	2022-12-31	131459550
2021 : FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2021-12-31	$-57,672,546
Total unrealized appreciation/depreciation of assets	2021-12-31	$-57,672,546
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$59,331,291
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Expenses. Interest paid	2021-12-31	$316,079
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2021-12-31	$316,079
Total income from all sources (including contributions)	2021-12-31	$-51,383,420
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$316,079
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$6,276,535
Value of total assets at end of year	2021-12-31	$9,546,535
Value of total assets at beginning of year	2021-12-31	$1,914,743
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$0
Total interest from all sources	2021-12-31	$12,591
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2021-12-31	$316,079
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2021-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$-51,699,499
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$-49,784,756
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$1,914,743
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$1,346,633
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$12,591
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Assets. Invements in employer securities at end of year	2021-12-31	$3,270,000
Assets. Invements in employer securities at beginning of year	2021-12-31	$0
Contributions received in cash from employer	2021-12-31	$6,276,535
Employer contributions (assets) at end of year	2021-12-31	$6,276,535
Employer contributions (assets) at beginning of year	2021-12-31	$0
Asset. Corporate debt instrument preferred debt at end of year	2021-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2021-12-31	$568,110
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Liabilities. Value of acquisition indebtedness at end of year	2021-12-31	$59,015,212
Liabilities. Value of acquisition indebtedness at beginning of year	2021-12-31	$0
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	MAZARS USA LLP
Accountancy firm EIN	2021-12-31	131459550

Form 5500 Responses for FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN

2023: FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	Yes
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: FOOD AUTHORITY EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	Yes
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FOOD AUTHORITY HOLDINGS, INC.
Employer identification number (EIN):	822618144
NAIC Classification:	424400