Plans » Benchmarking Engine
Benchmarking Hawaii Mainland Administrators 401(K) Plan in Tempe, AZ against
neutral (5)
Hawaii Mainland Administrators 401(K) Plan in Tempe, AZ has the 8th-most interest-bearing cash (e.g., money market accounts, certificates of deposit) ($630,204) of the 420 plans within 50 miles. Those $630,204 compare to an average of $53,283 across the 420 plans.
- interest-bearing cash (e.g., money market accounts, certificates of deposit). At end of plan year. Includes all assets that earn interest in a financial institution account such as interest bearing checking accounts, passbook savings accounts, or in money market accounts. Line 1c(1) from Schedule H. A missing entry from the Schedule H is here assigned a value of $0. 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.
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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.
Hawaii Mainland Administrators 401(K) Plan in Tempe, AZ is in Tempe, AZ, its EIN is 454411599, its industry group is Other Professional, Scientific, and Technical Services, its plan administrator is Randy Martinez, 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, provides participant-directed brokerage accounts as investment options, is a single-employer plan, its business code is 541990, has 100 to 499 total participants, is worse than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, and corrective distributions (4 total), 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 professional fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets at beginning of plan year ($6,486,659)
- total assets ($5,512,816)
- net assets (assets minus liabilities) ($5.50M)
- value of interest in registered investment companies (e.g., mutual funds) ($4.80M)
- total contributions ($692,492)
- cash contributions from participants ($649,738)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($630,204)
- total expenses ($623,727)
- participant loans ($90,380)
- professional fees ($52,197)
- total administrative expenses ($52,197)
- corrective distributions ($33,504)
- average account balance ($24,073)
- average employer+participant cash contribution per active participant ($3,249)
- average participant cash contribution per active participant ($3,249)
- total administrative expense per participant ($227.93)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($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)
- 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)
- cash contributions from employers ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- average employer cash contribution per active participant ($0.00)
- net income per total participant (-$4,253)
- total income (-$350,116)
- net income (-$973,843)
- earnings on investments (-$1,042,608)
- net earnings on investments (-$1,042,608)
- percentage of active participants (87.3%)
- diversity of asset types (13.8%)
- total cash as a percentage of plan assets (11.43%)
- participant loans as a percentage of plan assets (1.64%)
- total administrative expense ratio (0.950%)
- employer securities as a percentage of plan assets (0.00%)
- growth in total assets during the plan year (-15.0%)
- yield on beginning-of-plan-year total assets (-16.07%)
- active participants (200)
- deceased participants whose beneficiaries receive or are entitled to benefits (1)
- living participants (228)
- other retired or separated participants entitled to future benefits (24)
- retired or separated participants receiving benefits (4)
- total participants (229)
Global References