Plans » Benchmarking Engine
Benchmarking Arhaus, LLC 401(K) Plan in Boston Heights, OH against
good (3)
neutral (4)
Arhaus, LLC 401(K) Plan in Boston Heights, OH has the highest net income ($9,579,920) of all the 60 plans whose industry group is Furniture Stores. Those $9,579,920 compare to an average of $2,285,062 across the 60 plans.
Note: net income = total income - total expenses
Arhaus, LLC 401(K) Plan has these standings among those 60 peer plans:
Note: net income = total income - total expenses
Arhaus, LLC 401(K) Plan has these standings among those 60 peer plans:
- net income = $9,579,920 (the highest)
- total income = $11,496,720 (the highest)
- total expenses = $1,916,800 (19th-highest)
beat Living Spaces Furniture, LLC 401(K) Plan in La Mirada, CA ($6,390,364), Furniture Row 401(K) Savings Plan in Denver, CO ($5,784,513), Mor Furniture for Less, Inc. Employee Employee Savings Plan in San Diego, CA ($5,419,204), and Furniture Mart USA, Inc. Employee Profit Sharing 401(K) Plan in Sioux Falls, SD ($4,951,229), and 55 others, ending with Waldner's Business Environments Profit Sharing & 401(K) Plan in Farmingdale, NY (-$282,217).
- whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- net income. Higher values are better. Net income, Line 2k from Schedule H, equals total income (Line 2d) minus total expenses (Line 2j), all from Schedule H. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Arhaus, LLC 401(K) Plan in Boston Heights, OH is in Ohio, its EIN is 341185757, its industry group is Furniture Stores, its plan administrator is Matthew Dibattiste, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 442110, has 1,000 to 4,999 total participants, is worse than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, and employer contributions per active participant (4 total), and is higher than the overall administrative medians in each of contract administrator fees, investment advisory and management fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets ($38,306,554)
- net assets (assets minus liabilities) ($38.30M)
- value of interest in registered investment companies (e.g., mutual funds) ($38.00M)
- total assets at beginning of plan year ($28,800,389)
- total income ($11,496,720)
- net income ($9,579,920)
- total contributions ($7,452,281)
- cash contributions from participants ($4,968,547)
- earnings on investments ($4,044,439)
- net earnings on investments ($3,926,891)
- cash contributions from employers ($2,305,670)
- total expenses ($1,916,800)
- participant loans ($305,316)
- total administrative expenses ($126,328)
- investment advisory and management fees ($117,548)
- average account balance ($24,368)
- contract administrator fees ($8,780)
- net income per total participant ($6,094)
- average participant cash contribution per active participant ($3,678)
- average employer cash contribution per active participant ($1,707)
- total administrative expense per participant ($80.36)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in common/collective trusts ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- professional fees ($0)
- other administrative expenses ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (85.9%)
- yield on beginning-of-plan-year total assets (13.63%)
- diversity of asset types (1.5%)
- participant loans as a percentage of plan assets (0.80%)
- total administrative expense ratio (0.330%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (1,351)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (1,572)
- other retired or separated participants entitled to future benefits (221)
- retired or separated participants receiving benefits (0)
- total participants (1,572)
Global References