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Benchmarking Wood Fiber Holdings, Inc. Retirement Plan in Fitchburg, MA against all plans

 

Wood Fiber Holdings, Inc. Retirement Plan in Fitchburg, MA has the highest yield on beginning-of-plan-year total assets (-12.20%) among the 144 plans in Massachusetts that have 500 to 999 total participants. That -12.20% compares to an average of -17.60% across those 144 plans.

Beating the average of -17.60% means an extra $2,046,856 in net earnings on investments.

Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) รท total assets at beginning of plan year

Wood Fiber Holdings, Inc. Retirement Plan has these standings among those 144 peer plans:

  • yield on beginning-of-plan-year total assets = -12.20% (the highest, tied)

  • net earnings on investments = -$4,624,720 (66th-highest)

  • total assets at beginning of plan year = $37,892,899 (36th-most)

and these values satisfy the maximum allowed for calculating yield from beginning assets:

  • asset transfers to the plan = $0

  • asset transfers from the plan = $0

and these values provide further relevant context:

  • cash contributions from participants = $1,557,791

  • cash contributions from employers = $1,029,151

  • total contributions = $2,734,664

Visualize

 
 

Peers

tied with TUV Rheinland 401(K) Profit Sharing Plan in Littleton, MA (-12.20%).

beat Suburban Home Health Care Services Group Retirement Plan in Boston, MA (-12.73%), Salter Healthcare, Inc 401(K) Savings Plan in Winchester, MA (-13.24%), Welch Senior Living, LLC Savings Plan in Norwell, MA (-13.59%), and Cataldo Ambulance Service, Inc 401(K) Profit Sharing Plan in Somerville, MA (-13.68%), and others, ending with Recorded Future 401k Plan in Somerville, MA (-31.00%).

References

  1. in state. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. total participants bracket. We partitioned total participants into eight brackets: 0-9, 10-24, 25-49, 50-99, 100-499, 500-999, 1000-4999, 5000-24999, and 25000 or more. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  3. yield on beginning-of-plan-year total assets. Higher values are better. To qualify, the total assets at the beginning of the plan year must be above zero, and either (1) both the asset transfers to the plan and asset transfers from the plan during the plan year must be zero, or (2) the sum of the absolute values of both asset transfers must be less than 1% of the total assets at the beginning of the plan year. If it qualifies, the yield on beginning-of-plan-year total assets (as a percentage) equals net earnings on investments divided by total assets at the beginning of the plan year, times 100. The above quantities are all from Schedule H: Assets transfer to the plan is Line 2l(1). Assets transfer from the plan is Line 2l(2). Net earnings on investments is the sum of the ten column (b) entries from 2b, minus investment advisory and management fees (Line 2i(3)). Total assets at the beginning of the plan year is Line 1f(a). Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.