Benchmarking Hanes Supply, Inc. 401(K) Plan in Buffalo, NY against all plans
Hanes Supply, Inc. 401(K) Plan in Buffalo, NY has the 3rd-highest diversity of asset types (24.1%) among the 47 plans whose industry group is Metal and Mineral (except Petroleum) Merchant Wholesalers. That 24.1% compares to an average of 13.0% across those 47 plans.
Hanes Supply, Inc. 401(K) Plan has these standings among those 47 peer plans related to asset types (values of zero are not shown):
Hanes Supply, Inc. 401(K) Plan has these standings among those 47 peer plans related to asset types (values of zero are not shown):
- diversity of asset types = 24.1% (3rd-highest, tied)
- total noninterest-bearing cash = $8,087 (4th-most)
- participant loans = $116,147 (17th-least)
- value of interest in common/collective trusts = $3,548,263 (3rd-highest)
- value of interest in registered investment companies (e.g., mutual funds) = $11.90M (15th-lowest)
- other general investments = $920,931 (2nd-most)
Visualize
Peers
beat out by Brown Strauss, Inc. 401(K) Savings Plan in Aurora, CO (31.2%) and Titanium Industries, Inc. 401(K) Profit Sharing Plan in Rockaway, NJ (25.2%).
tied with North Shore Supply Company Employees 401k Profit Sharing Plan & Trust in Houston, TX (24.1%).
beat Cronimet Holdings 401(K) Plan in Aliquippa, PA (23.6%), Tampa Bay Steel Corporation Salary Savings Plan in Tampa, FL (21.8%), Cantex Inc. Safe Harbor Savings Plan in Fort Worth, TX (21.5%), and Pusan Pipe America, Inc. Employee Profit Sharing & Savings Plan in Irvine, CA (21.0%), and 39 others, ending with Saginaw Pipe Co., Inc. 401(K) Plan in Saginaw, AL (1.0%).
tied with North Shore Supply Company Employees 401k Profit Sharing Plan & Trust in Houston, TX (24.1%).
beat Cronimet Holdings 401(K) Plan in Aliquippa, PA (23.6%), Tampa Bay Steel Corporation Salary Savings Plan in Tampa, FL (21.8%), Cantex Inc. Safe Harbor Savings Plan in Fort Worth, TX (21.5%), and Pusan Pipe America, Inc. Employee Profit Sharing & Savings Plan in Irvine, CA (21.0%), and 39 others, ending with Saginaw Pipe Co., Inc. 401(K) Plan in Saginaw, AL (1.0%).
References
- 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.