Plans » Benchmarking Engine
Benchmarking Shaw/Stewart Lumber Company Salary Savings Plan in Minneapolis, MN against
Shaw/Stewart Lumber Company Salary Savings Plan in Minneapolis, MN has the highest average participant cash contribution per active participant ($6,838) of all the 68 plans whose industry group is Building Material and Supplies Dealers. That $6,838 compares to an average of $3,492 across those 68 plans.
Beating the average of $3,492 means an extra $341,243 in participant cash contributions.
Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants
Shaw/Stewart Lumber Company Salary Savings Plan has these standings among those 68 peer plans:
Beating the average of $3,492 means an extra $341,243 in participant cash contributions.
Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants
Shaw/Stewart Lumber Company Salary Savings Plan has these standings among those 68 peer plans:
- average participant cash contribution per active participant = $6,838 (the highest)
- cash contributions from participants = $697,432 (31st-most)
- active participants = 102 (9th-fewest)
- 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 2-October-2023 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- average participant cash contribution per active participant. Higher values are better. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. Except where noted, all data come from the 2-October-2023 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Shaw/Stewart Lumber Company Salary Savings Plan in Minneapolis, MN is in Minneapolis, MN, its EIN is 410535530, its industry group is Building Material and Supplies Dealers, its plan administrator is Eric Ricard, is a profit-sharing plan, collectively-bargained, 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, has total assets of $10M to $50M, its business code is 444190, has 100 to 499 total participants, and is better 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).
Global References
Numeric values:
- total assets at beginning of plan year ($16,735,405)
- net assets (assets minus liabilities) ($12.10M)
- total assets ($12,076,656)
- value of interest in pooled separate accounts ($11,820,611)
- total expenses ($3,500,055)
- total contributions ($1,188,623)
- cash contributions from participants ($697,432)
- cash contributions from employers ($466,191)
- value of funds held in insurance company general account (unallocated contracts) ($163,064)
- participant loans ($92,981)
- average account balance ($71,460)
- contract administrator fees ($9,331)
- total administrative expenses ($9,331)
- average participant cash contribution per active participant ($6,838)
- average employer cash contribution per active participant ($4,570)
- total administrative expense per participant ($55.21)
- 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 master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of interest in registered investment companies (e.g., mutual funds) ($0.0K)
- 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 this plan ($0)
- asset transfers from this plan ($0)
- net income per total participant (-$27,567)
- total income (-$1,158,694)
- earnings on investments (-$2,367,576)
- net earnings on investments (-$2,367,576)
- net income (-$4,658,749)
- percentage of active participants (60.4%)
- diversity of asset types (3.7%)
- participant loans as a percentage of plan assets (0.77%)
- total administrative expense ratio (0.077%)
- 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 (-14.15%)
- active participants (102)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (169)
- other retired or separated participants entitled to future benefits (67)
- retired or separated participants receiving benefits (0)
- total participants (169)
Global References