With its catchy slogan, “A Helpful Smile in Every Aisle,” Hy-Vee ranks among the top 25 supermarket chains and the top 50 private companies in the U.S. With corporate headquarters in West Des Moines, IA, the company’s more than 280 stores are located in eight Midwestern states: Iowa, Illinois, Missouri, Kansas, Nebraska, South Dakota, Minnesota, and Wisconsin.

With current average sales of $10 billion annually, Hy-Vee is employee-owned by direct stockholders—that is, officers, store directors, and executive staff members—and indirect stockholders, the more than 45,000 Hy-Vee employees who participate in The Hy-Vee and Affiliates 401(k) Plan. A portion of the matching contributions made by the company to The Hy-Vee and Affiliates 401(k) Plan is directed to the Hy-Vee Stock Fund. This account is the largest shareholder in the company...