Profit Sharing · DOL Form 5500 · 2024

Altres Global Business Services, Inc. Profit Sharing Plan

Data updated 2026-08-11

$102M
Total assets
1,505
Participants
91st
Percentile by assets
$67,920
Avg per participant
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Official DOL plan name: Simplicityhr 401(k) Retirement Savings Plan · Sponsored by Altres Global Business Services, Inc. · Hawaii · Transportation & Warehousing

$102M in assets, 1,505 participants

Altres Global Business Services, Inc.'s Simplicityhr 401(k) Retirement Savings Plan reported $102M in total assets and 1,505 participants in its 2024 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 123,622 plans)
  • #2,921 in Transportation & Warehousing (3,299 peers)

Coverage in Hawaii

Simplicityhr 401(k) Retirement Savings Plan covers 1,505 participants in Hawaii, 4.0x the typical Hawaii plan (state average ~380 per filing). Assets: $102M.

$102M
total plan assets (2024 EOY)
1,505
covered participants
91st
percentile by assets (of 123,622 plans)
$67,920
avg assets per participant

Participants vs Hawaii filers

In Hawaii, the average filing covers about 380 participants across 517 plans. Simplicityhr 401(k) Retirement Savings Plan reports 1,505 participants - 4.0x that state average ($102M EOY assets).

Hawaii filing particulars

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$102M
Net Income$16M
Employer EIN990332532
Plan Effective Date2020-11-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Hawaii

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Simplicityhr 401(k) Retirement Savings Plan vs. nearby Profit Sharing plans in Hawaii, assets vs. participants

Simplicityhr 401(k) Retirement Savings Plan vs. nearby Profit Sharing plans in Hawaii, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 -1000100200300400500 Total assets ($M) Participants Simplicityhr 401(k) …Hawaii Electricians …Hawaii Sheet Metal W…Hawaiiusa Fcu Retire…Hawaiian Dredging Co…Hawaii Island Commun…
Simplicityhr 401(k) Retirement Savings Plan vs. nearby Profit Sharing plans in Hawaii, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Simplicityhr 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Simplicityhr 401(k) Retirement Savings Plan assets move in 2024?
Simplicityhr 401(k) Retirement Savings Plan surged - up 36.6% during 2024, from $75M to $102M. Reported net income was $16M.
Where does Simplicityhr 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Simplicityhr 401(k) Retirement Savings Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Simplicityhr 401(k) Retirement Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is U.a. Plumbers & Steamfitters Local 22 Annuity Fund in NY ($102M, 809 participants).

Next read for Simplicityhr 401(k) Retirement Savings P…

Filing takeaways

Ways to act on Simplicityhr 401(k) Retirement Savings Plan's numbers.

  • By total assets, Simplicityhr 401(k) Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Hawaii. Compare plans