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Benchmarking Oneshare Health Plan & Trust in Irving, TX against all plans

 

Oneshare Health Plan & Trust in Irving, TX has the 3rd-highest yield on beginning-of-plan-year total assets (17.57%) among the 46 plans in Irving, TX. That 17.57% compares to an average of 14.08% across those 46 plans.

Beating the average of 14.08% means an extra $20,630 in net earnings on investments.

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

Oneshare Health Plan & Trust has these standings among those 46 peer plans:

  • yield on beginning-of-plan-year total assets = 17.57% (3rd-highest)

  • net earnings on investments = $103,784 (2nd-lowest)

  • total assets at beginning of plan year = $590,725 (2nd-least)

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

  • asset transfers to this plan = $0

  • asset transfers from this plan = $0

and these values provide further relevant context:

  • cash contributions from participants = $276,726

  • cash contributions from employers = $139,189

  • total contributions = $533,025

Visualize

 
 

Peers

beat out by Anders Group, LLC. 401(K) Plan in Irving, TX (19.46%) and PGL 401(K) Plan in Irving, TX (17.66%).

beat HHG Companies, Inc. 401(K) Profit Sharing Plan in Irving, TX (17.49%), Nobilis Group 401(K) Plan in Irving, TX (17.03%), News Communications Inc. 401(K) Retirement Savings Plan in Irving, TX (16.18%), and Brock Solutions U.S. Inc. 401(K) Profit Sharing Plan in Irving, TX (16.11%), and others, ending with Medical & Surgical Clinic of Irving Profit Sharing Plan & Trust in Irving, TX (6.73%).

References

  1. in city. Values were kept only if they occurred at least 20 times. 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. 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-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.