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Benchmarking Savings Incentive and Profit Sharing Plan for Employees of The Hobby Lobby Group in Oklahoma City, OK against all plans

 

Savings Incentive and Profit Sharing Plan for Employees of The Hobby Lobby Group in Oklahoma City, OK incurs the 2nd-lowest total administrative expenses ($151,225) of the 56 plans that have 25,000 or more total participants. Those $151,225 compare to an average of $845,388 across the 56 plans.

Note: total administrative expenses = professional fees + contract administrator fees + investment advisory and management fees + other administrative expenses

Savings Incentive and Profit Sharing Plan for Employees of The Hobby Lobby Group has these standings among those 56 plans:

  • total administrative expenses = $151,225 (2nd-lowest)

  • professional fees = $0 (the lowest, tied)

  • contract administrator fees = $0 (the lowest, tied)

  • investment advisory and management fees = $0 (the lowest, tied)

  • other administrative expenses = $151,225 (18th-lowest)

Visualize

 
 

Peers

Meijer 401k Retirement Plan II in Grand Rapids, MI is first with $0.

beat Yale-New Haven Hospital and Tax-Exempt Affliliates Retirement Savings Plan in New Haven, CT ($192,156), J. C. Penney Corporation, Inc. Safe Harbor 401(K) Savings Plan in Lewisville, TX ($226,000), Life Care Centers of America, Inc. 401(K) Savings Plan in Cleveland, TN ($247,757), and Supply Chain Retirement Savings Plan in Westerville, OH ($274,161), and 50 others, ending with Dollar Tree Retirement Savings Plan in Chesapeake, VA ($3,464,484).

References

  1. total administrative expenses. Lower values are better. From Line 2i(5), 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-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. total participants bracket. We partitioned total participants into eight brackets: 0-9, 10-24, 25-49, 50-99, 100-499, 500-999, 1000-4999, 5000-24999, and 25000 or more. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.