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Benchmarking HC Salon Holdings 401(K) Plan in New York, NY against all plans

 

HC Salon Holdings 401(K) Plan in New York, NY has the highest average participant cash contribution per active participant ($1,747) of the 86 plans with at least 4,822 active participants. That $1,747 compares to an average of $487.90 across those 86 plans.

Beating the average of $487.90 means an extra $6,071,448 in participant cash contributions.

But it's still under the median of $5,246 and average of $6,060 across 1,552 plans that, like it, are in New York.

Note: average participant cash contribution per active participant =
cash contributions from participants รท active participants

HC Salon Holdings 401(K) Plan has these standings among those 86 peer plans:

  • average participant cash contribution per active participant = $1,747 (the highest)

  • cash contributions from participants = $8,423,850 (4th-most)

  • active participants = 4,822 (the fewest)

Visualize

 
 

Peers

after HC Salon Holdings 401(K) Plan in New York, NY ($1,747, 4,822), closest are Midwest Veterinary Partners 401(K) Plan in Novi, MI ($1,701, 5,428), Gohealth 401(K) Profit Sharing Plan and Trust in Chicago, IL ($1,664, 5,015), Prolink Staffing Services, LLC 401(K) Plan in Cincinnati, OH ($1,318, 6,963), and Rural King 401(K) Plan in Mattoon, IL ($1,134, 6,178), ending with UFCW Local 152 Savings Plan in Mount Laurel, NJ ($23.10, 17,164).

References

  1. average participant cash contribution per active participant. Higher values are better. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. 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.
  2. active participants. Total number of active participants at the end of the plan year, Line 6a(2) in Form 5500. 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.