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Benchmarking Weekends Only, Inc. 401(K) Plan in St. Louis, MO against all plans

 

Weekends Only, Inc. 401(K) Plan in St. Louis, MO has the least participant loans as a percentage of plan assets (0.00%) among the 52 plans whose industry group is Furniture Stores. That 0.00% compares to an average of 1.49% across those 52 plans.

Beating the average of 1.49% means a savings of $93,150 in participant loans.

Note: participant loans as a percentage of plan assets =
(100 * participant loans) ÷ total assets

Weekends Only, Inc. 401(K) Plan has these standings among those 52 peer plans:

  • participant loans as a percentage of plan assets = 0.00% (the least, tied)

  • participant loans = $0 (the least in, tied)

  • total assets = $6,239,489 (23rd-most)

Visualize

 
 

Peers

tied with United Factory Furniture Corporation 401(K) Profit Sharing Trust in Las Vegas, NV, The John Richard Collection, LLC 401(K) Plan in Greenwood, MS, Sheely's Furniture & Appliance Co., Inc. 401(K) Plan in North Lima, OH, Woodley's Fine Furniture, Inc. Retirement Plan in Longmont, CO, and 6 others, all with 0.00%.

beat Becker Furniture 401(K) Plan in Becker, MN (0.05%), APG, Inc. Employees Retirement Plan in Cincinnati, OH (0.20%), Classic Home 401(K) Plan in Vernon, CA (0.22%), and Intivity Inc. 401(K) Savings Plan in East Rochester, NY (0.32%), and 37 others, ending with Casa Linda Furniture, Inc. 401(K) Plan in East Los Angeles, CA (10.04%).

References

  1. 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.
  2. participant loans as a percentage of plan assets. Lower values are better. Participant loans as a percentage of plan assets equals participant loans, Line 1c(8) from Schedule H, divided by total assets, Line 1f(b) from Schedule H, times 100. A high value may indicate excessive borrowing from participants' retirement accounts. To qualify for participant loans as a percentage of plan assets, the number of total assets must be at least $50,000. 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.