Plans » Benchmarking Engine
Benchmarking Holman Distribution Centers 401(K) PSP in Kent, WA against
good (2)
neutral (3)
Holman Distribution Centers 401(K) PSP in Kent, WA has the 6th-highest diversity of asset types (22.8%) among the 51 plans whose industry group is Warehousing and Storage. That 22.8% compares to an average of 11.5% across those 51 plans.
Holman Distribution Centers 401(K) PSP has these standings among those 51 peer plans related to asset types (values of zero are not shown):
Holman Distribution Centers 401(K) PSP has these standings among those 51 peer plans related to asset types (values of zero are not shown):
- diversity of asset types = 22.8% (6th-highest)
- receivables - employer contributions = $695,161 (2nd-most)
- value of interest in common/collective trusts = $5,971,457 (5th-highest)
- value of interest in registered investment companies (e.g., mutual funds) = $14.80M (22nd-highest)
beat out by Atlas Cold Storage USA, Inc. 401(K) Plan for 3pl and Union Employees in Atlanta, GA (41.3%), Intermodal Marketing, Inc. and Affiliates 401(K) Savings Plan in Kansas City, KS (31.4%), RLG Employees' 401(K) Plan in Westfied, NJ (25.7%), and Oiltanking North America LLC Defined Contribution Retirement Plan in Houston, TX (25.5%), and 1 other.
beat ECG 401(K) Plan in Elizabeth, NJ (21.5%), Beltmann Group Incorporated 401(K) Savings and Retirement Plan and Trust Agreement in Roseville, MN (18.9%), Hanson Cold Storage Co. Employees' 401(K) Retirement Savings Plan in St. Joseph, MI (17.0%), and W.J. Beitler Co. Savings and Security Plan in Pittsburgh, PA (16.7%), and 41 others, ending with VRC Companies, LLC 401(K) Profit Sharing Plan in Memphis, TN (0.0%).
beat ECG 401(K) Plan in Elizabeth, NJ (21.5%), Beltmann Group Incorporated 401(K) Savings and Retirement Plan and Trust Agreement in Roseville, MN (18.9%), Hanson Cold Storage Co. Employees' 401(K) Retirement Savings Plan in St. Joseph, MI (17.0%), and W.J. Beitler Co. Savings and Security Plan in Pittsburgh, PA (16.7%), and 41 others, ending with VRC Companies, LLC 401(K) Profit Sharing Plan in Memphis, TN (0.0%).
- diversity of asset types. Higher values are better. The diversity of asset types is calculated by taking the mathematical entropy of the 24 dollar values for the 24 asset types, after excluding negative asset values, then dividing by 4.584962 (which is the maximum possible entropy of 24 numeric quantities), and multiplying by 100 to obtain a percentage whose potential range is 0% to 100%. Mathematical entropy is a way to measure the balance among a group of numeric values; maximum entropy is when all the values are equal and nonzero. 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.
- 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.
Holman Distribution Centers 401(K) PSP in Kent, WA is in Washington, its EIN is 911065515, its industry group is Warehousing and Storage, its plan administrator is Matthew Ho, 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 493100, has 500 to 999 total participants, is worse than the overall plan medians in each of total liabilities, total income, corrective distributions, and yield on beginning-of-plan-year total assets (4 total), 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, other administrative expenses, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- net assets (assets minus liabilities) ($21.50M)
- total assets ($21,484,943)
- total assets at beginning of plan year ($18,434,771)
- value of interest in registered investment companies (e.g., mutual funds) ($14.80M)
- value of interest in common/collective trusts ($5,971,457)
- total income ($4,116,364)
- net income ($3,067,182)
- earnings on investments ($2,418,189)
- net earnings on investments ($2,418,189)
- total contributions ($1,696,244)
- total expenses ($1,049,182)
- cash contributions from participants ($937,563)
- cash contributions from employers ($722,791)
- receivables employer contributions ($695,161)
- total administrative expenses ($91,206)
- contract administrator fees ($59,091)
- other administrative expenses ($32,115)
- average account balance ($31,830)
- total liabilities ($10,569)
- net income per total participant ($4,544)
- corrective distributions ($2,016)
- average participant cash contribution per active participant ($1,547)
- average employer cash contribution per active participant ($1,193)
- asset transfers to this plan ($712)
- total administrative expense per participant ($135.12)
- total noninterest-bearing cash ($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)
- participant loans ($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)
- professional fees ($0)
- investment advisory and management fees ($0)
- asset transfers from this plan ($0)
- percentage of active participants (89.8%)
- diversity of asset types (22.8%)
- yield on beginning-of-plan-year total assets (13.12%)
- total administrative expense ratio (0.420%)
- participant loans as a percentage of plan assets (0.00%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (606)
- deceased participants whose beneficiaries receive or are entitled to benefits (2)
- living participants (673)
- other retired or separated participants entitled to future benefits (67)
- retired or separated participants receiving benefits (0)
- total participants (675)
Global References