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Benchmarking A. J. Blosenski, Inc. 401(K) Plan in Honey Brook, PA against
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A. J. Blosenski, Inc. 401(K) Plan in Honey Brook, PA has the 9th-highest total expenses ($1,240,449) of the 87 plans whose industry group is Waste Management and Remediation Services. Those $1,240,449 compare to an average of $637,235 across the 87 plans.
- 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-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.
- total expenses. From Line 2j, Schedule H. 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.
A. J. Blosenski, Inc. 401(K) Plan in Honey Brook, PA is in Pennsylvania, its EIN is 232785764, its industry group is Waste Management and Remediation Services, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 562000, has 100 to 499 total participants, is worse than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (the entire set of 5), and is higher than the overall administrative medians in each of contract administrator fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets at beginning of plan year ($6,401,658)
- total assets ($4,612,684)
- value of interest in registered investment companies (e.g., mutual funds) ($4.60M)
- net assets (assets minus liabilities) ($4.60M)
- total expenses ($1,240,449)
- total contributions ($476,402)
- cash contributions from participants ($364,478)
- cash contributions from employers ($111,924)
- contract administrator fees ($49,881)
- total administrative expenses ($49,881)
- participant loans ($31,670)
- average account balance ($20,501)
- average employer+participant cash contribution per active participant ($2,468)
- average participant cash contribution per active participant ($1,888)
- average employer cash contribution per active participant ($579.90)
- total administrative expense per participant ($221.69)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($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)
- value of interest in common/collective trusts ($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)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- net income per total participant (-$7,951)
- total income (-$548,525)
- earnings on investments (-$1,024,927)
- net earnings on investments (-$1,024,927)
- net income (-$1,788,974)
- percentage of active participants (85.8%)
- diversity of asset types (1.3%)
- total administrative expense ratio (1.081%)
- participant loans as a percentage of plan assets (0.69%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-16.01%)
- growth in total assets during the plan year (-27.9%)
- active participants (193)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (225)
- other retired or separated participants entitled to future benefits (32)
- retired or separated participants receiving benefits (0)
- total participants (225)
Global References