401(k) · DOL Form 5500 · 2023

Turtle & Hughes, Inc. 401(k) Plan

Data updated 2026-08-11

$98M
Total assets
697
Participants
91st
Percentile by assets
$141,074
Avg per participant
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Official DOL plan name: Turtle & Hughes, Inc. 401(k) Savings Plan · Sponsored by Turtle & Hughes, Inc. · New Jersey · Wholesale Trade

$98M in assets, 697 participants

Turtle & Hughes, Inc.'s Turtle & Hughes, Inc. 401(k) Savings Plan reported $98M in total assets and 697 participants in its 2023 DOL Form 5500 filing, ranking in the 91st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 91st percentile by assets (of 127,072 plans)
  • #5,849 in Wholesale Trade (6,309 peers)

Where Turtle & Hughes, Inc. 401(k) Savings Plan sits by assets

Turtle & Hughes, Inc. 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $98M for 697 participants (~$141,074/participant), down 3.8% in 2023.

$98M
total plan assets (2023 EOY)
697
covered participants
91st
percentile by assets (of 127,072 plans)
$141,074
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Turtle & Hughes, Inc. 401(k) Savings Plan sits by total assets

Turtle & Hughes, Inc. 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$98,328,311 Top 9% higher than 91% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Turtle & Hughes, Inc. 401(k) Savings Plan reported net income rose from -$15M in the plan year 2022 filing to -$4M in the plan year 2023 filing.
  • Turtle & Hughes, Inc. 401(k) Savings Plan end-of-year assets fell from $102M in the plan year 2022 filing to $98M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Turtle & Hughes, Inc. 401(k) Savings Plan vs the 2023 asset distribution

By assets, Turtle & Hughes, Inc. 401(k) Savings Plan outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$102M
Net Assets (End of Year)$98M
Net Income-$4M
Employer EIN135444820
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Turtle & Hughes, Inc.)

$95M$100M$105M$110M$115M 202220232024 $102M $111M ▲ +8.4%
Total plan assets by year, all Turtle & Hughes, Inc. plans on file
Year Plans Participants Total Assets
2022 1 699 $102M
2023 1 697 $98M
2024 1 786 $111M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Turtle & Hughes, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Turtle & Hughes, Inc…, Total assets ($B): 0.098328311 · Participants: 697Turtle & Hughes, Inc…JPMorgan Chase 401(k…, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k…Verizon Savings Plan…, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan…Johnson and Johnson …, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson …Ernst & Young Retire…, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retire…Merck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Turtle & Hughes, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Turtle & Hughes, Inc. 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Turtle & Hughes, Inc. 401(k) Savings Plan assets move in 2023?
Turtle & Hughes, Inc. 401(k) Savings Plan edged down modestly - down 3.8% during 2023, from $102M to $98M. Reported net income was -$4M.
How have Turtle & Hughes, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Turtle & Hughes, Inc.'s sponsor-wide assets grew 8.4%, from $102M to $111M.
Where does Turtle & Hughes, Inc. 401(k) Savings Plan rank by assets among Form 5500 filers?
Turtle & Hughes, Inc. 401(k) Savings Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Turtle & Hughes, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Wenger Corporation Retirement Savings Plan in MN ($98M, 534 participants).

Next read for Turtle & Hughes, Inc. 401(k) Savings Pla…

Scale reading

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