Profile
HR, Inc. dba Simple HR 401(K) Plan in Destin, FL is in Florida, its EIN is 810583874, its industry group is Accounting, Tax Preparation, Bookkeeping, and Payroll Services, its plan administrator is Shane Roberson, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, provides for automatic enrollment, is a multiple-employer plan, its business code is 541214, 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 investment advisory and management fees, other administrative expenses, total administrative expenses, and total administrative expense ratio.
Numeric values:
- net assets (assets minus liabilities) ($21.20M)
- total assets ($21,173,975)
- value of interest in pooled separate accounts ($18,586,504)
- total assets at beginning of plan year ($16,119,635)
- total income ($5,491,050)
- net income ($4,311,892)
- total contributions ($3,290,329)
- cash contributions from participants ($2,287,639)
- value of funds held in insurance company general account (unallocated contracts) ($2,273,216)
- earnings on investments ($2,200,721)
- net earnings on investments ($2,197,209)
- asset transfers to this plan ($1,938,364)
- asset transfers from this plan ($1,195,916)
- total expenses ($1,179,158)
- cash contributions from employers ($840,361)
- participant loans ($249,518)
- total administrative expenses ($72,241)
- other administrative expenses ($68,729)
- corrective distributions ($56,184)
- receivables - participant contributions ($47,040)
- receivables - employer contributions ($16,798)
- average account balance ($16,491)
- investment advisory and management fees ($3,512)
- net income per total participant ($3,358)
- average participant cash contribution per active participant ($2,363)
- other receivables (not employer nor participant contributions) ($899)
- average employer cash contribution per active participant ($868.10)
- total administrative expense per participant ($56.26)
- total noninterest-bearing cash ($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 master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of interest in registered investment companies (e.g., mutual funds) ($0.0K)
- 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)
- contract administrator fees ($0)
- percentage of active participants (75.4%)
- diversity of asset types (13.4%)
- participant loans as a percentage of plan assets (1.18%)
- total administrative expense ratio (0.340%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (968)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (1,284)
- other retired or separated participants entitled to future benefits (312)
- retired or separated participants receiving benefits (4)
- total participants (1,284)