THE KROGER CO. SAVINGS PLAN
The Kroger 401(k) Retirement Savings Account Plan covers approximately 262,794 participants. The plan invests through the Kroger Co. Defined Contribution Master Trust, which held approximately $11.6 billion in assets as of December 31, 2024. Trustee: Northern Trust. Recordkeeper: Merrill Lynch. Kroger uses a sophisticated white-label fund structure rather than a standard fund menu. Participants choose from 18 Kroger-branded investment options, including 14 custom-built units (US Large Cap Unit, Non US Equity Unit, etc.) that pool underlying collective investment trusts from managers like BlackRock and T. Rowe Price, plus 4 directly-held CITs. Notably, the plan does not offer target-date funds in the traditional sense; instead, participants select among the asset-class units to build their own allocation. This structure is common among mega-employers that want to control fees through institutional pricing and diversify across multiple managers without exposing that complexity to participants.
By Zac Murphy, CFA charterholder and CFP professional. Published May 24, 2026. Verified against Form 5500 plan year 2024.
Answer 13 quick questions to find your risk profile and see which of five sample allocations fits.
Fund lineup
Why our allocations use only index funds
The actively managed funds in this plan cost more per year than the plan's index funds, which run roughly 0.02% to 0.06%. Decades of research on long-term active fund performance do not support reliable outperformance net of fees, which is why the allocation ideas below may consider using only the low-cost index options.
Employer match
Sources
- Plan metadata (employer, participants, assets, plan year): Form 5500 annual return/report, plan year 2024 -- view filing
- Summary Plan Description (SPD) and fee disclosure (404a-5), where available from the plan administrator.
This page is for educational purposes only and does not constitute investment, tax, or legal advice, nor a recommendation to buy or sell any security. Information is drawn from public Form 5500 filings and plan documents and may be incomplete or out of date. You may consider consulting a qualified professional and confirming all details with your plan administrator before making decisions. Waterfall Planning is not affiliated with The Kroger Co..
Find your risk profile
Answer 13 questions to see which allocation fits your situation.
Risk assessment methodology based on Grable, J. E., & Lytton, R. H. (1999). Financial risk tolerance revisited: The development of a risk assessment instrument. Financial Services Review, 8, 163-181.
Allocation ideas
Five sample mixes built from this plan's funds, from conservative to growth. Take the assessment above to see which one fits your risk profile.
Capital preservation with minimal market exposure, built from bonds and stable value.
Mostly bonds with a small stock sleeve for modest growth.
A classic 60/40 split of stocks and bonds.
Stock-heavy with a bond cushion for a long horizon.
All stocks for maximum long-term growth potential, with higher short-term volatility.
These allocation ideas are educational illustrations built from this plan's available funds and a standard risk-tolerance assessment. They are not personalized investment advice or a recommendation, and risk tolerance is only one factor in an investment decision. You may consider consulting a qualified professional before making changes to your account.