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Ohio Hickory Harvest Brand Products 401(K) and Profit Sharing Plan in Akron, OH has the 2nd-highest net income per total participant (-$1,072) of the 30 plans within 50 miles whose economic sector is Wholesale Trade. That -$1,072 compares to an average of -$4,619 across those 30 plans.

Beating the average of -$4,619 means an extra $383,072 in net income.

Note: net income per total participant = net income ÷ total participants

Ohio Hickory Harvest Brand Products 401(K) and Profit Sharing Plan has these standings among those 30 peer plans:

  • net income per total participant = -$1,072 (2nd-highest)

  • net income = -$115,792 (2nd-highest)

  • total participants = 108 (2nd-fewest)

Visualize

 
 

References

  1. whose economic sector is. The economic sector is the first two 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-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. net income per total participant. Higher values are better. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, Line 6f of Form 5500. 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. within 50 miles.

    • The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
    • In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.

    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.

Profile

Ohio Hickory Harvest Brand Products 401(K) and Profit Sharing Plan in Akron, OH is in Akron, OH, its EIN is 341106007, its industry group is Grocery and Related Product Merchant Wholesalers, its plan administrator is Amy I Hunter, 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 single-employer plan, its business code is 424400, has 100 to 499 total participants, is worse than the overall participant averages in each of average account balance, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (4 total), and is higher than the overall administrative medians in each of contract administrator fees, investment advisory and management fees, total administrative expenses, and total administrative expense ratio.

 

     Numeric values:
  • total assets at beginning of plan year ($1,636,512)
  • total assets ($1,520,720)
  • value of interest in registered investment companies (e.g., mutual funds) ($1.50M)
  • net assets (assets minus liabilities) ($1.50M)
  • total contributions ($282,170)
  • cash contributions from participants ($183,450)
  • total expenses ($119,458)
  • cash contributions from employers ($82,730)
  • value of interest in common/collective trusts ($34,280)
  • total administrative expenses ($29,694)
  • interest-bearing cash (e.g., money market accounts, certificates of deposit) ($15,990)
  • contract administrator fees ($15,345)
  • investment advisory and management fees ($14,349)
  • average account balance ($14,081)
  • receivables participant contributions ($5,526)
  • average employer+participant cash contribution per active participant ($4,095)
  • total income ($3,666)
  • receivables employer contributions ($2,854)
  • average participant cash contribution per active participant ($2,822)
  • average employer cash contribution per active participant ($1,273)
  • total administrative expense per participant ($274.94)
  • total noninterest-bearing cash ($0)
  • other receivables (not employer nor participant contributions) ($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)
  • participant loans ($0)
  • value of interest in pooled separate accounts ($0)
  • value of interest in master trust investment accounts ($0.0K)
  • value of interest in 103-12 investment entities ($0)
  • value of funds held in insurance company general account (unallocated contracts) ($0)
  • other general investments ($0)
  • employer-related securities investments ($0)
  • employer-related real-property investments ($0)
  • buildings and other property used in plan operation ($0)
  • total liabilities ($0)
  • corrective distributions ($0)
  • professional fees ($0)
  • other administrative expenses ($0)
  • asset transfers to the plan ($0)
  • asset transfers from the plan ($0)
  • net income per total participant (-$1,072)
  • net income (-$115,792)
  • earnings on investments (-$278,504)
  • net earnings on investments (-$292,853)
  • percentage of active participants (60.2%)
  • diversity of asset types (6.4%)
  • total administrative expense ratio (1.953%)
  • total cash as a percentage of plan assets (1.05%)
  • participant loans as a percentage of plan assets (0.00%)
  • employer securities as a percentage of plan assets (0.00%)
  • growth in total assets during the plan year (-7.1%)
  • yield on beginning-of-plan-year total assets (-17.89%)
  • active participants (65)
  • deceased participants whose beneficiaries receive or are entitled to benefits (0)
  • living participants (108)
  • other retired or separated participants entitled to future benefits (43)
  • retired or separated participants receiving benefits (0)
  • total participants (108)

Global References


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Ohio Hickory Harvest Brand Products 401(K) and Profit Sharing Plan in Akron, OH has the 2nd-highest net income per total participant (-$1,072) of the 30 plans within 50 miles whose economic sector is Wholesale Trade. That -$1,072 compares to an average of -$4,619 across those 30 plans.
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