Profit Sharing · DOL Form 5500 · 2024

Altres Global Business Services, Inc. Profit Sharing Plan

Data updated 2026-08-25

$102M
Total assets Near avg plan size
1,505
Participants Near avg headcount
91st
Percentile by assets National rank
$67,920
Avg per participant Below avg balance/head
PlainRetire home → About this data

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.

  • #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.

#2,921
in Transportation & Warehousing (3,299 peers)
+36.6%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Simplicityhr 401(k) Retirement Savings Plan's outsized position by total assets

Simplicityhr 401(k) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$102,219,083 Top 9% higher than 91% of 123,620 filed plans

This plan $0 $2,050,000,000 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 2024

Simplicityhr 401(k) Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Simplicityhr 401(k) Retirement Savings Plan lands in the large band (1,505 participants).

DOL schedule card

Filing strip 990332532 · Altres Global Business Services, Inc. PY 2024 · Profit Sharing

Simplicityhr 401(k) Retirement Savings Plan · $102M · 1,505 · 91st

  • PHOTO $102M
  • PHOTO 1,505
  • PHOTO 91st
  • PHOTO Profit Sharing
  • PHOTO near U.a. Plumbers & Steamfitters Local 22 Annuity Fund
  • PHOTO ind #2921

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Transportation & Warehousing retirement plans → · Plans in Hawaii →

Simplicityhr 401(k) Retirement Savings Plan in the asset neighbourhood

Sullivan Companies Retirement TrustSullivan Companies Retiremen…$103MSimplicityhr 401(k) Retirement Savings PlanSimplicityhr 401(k) Retireme…$102MU.a. Plumbers & Steamfitters Local 22 Annuity FundU.a. Plumbers & Steamfitters…$102MCognia ERISA 403(b) Plan$102MLowenstein Sandler Profit Sharing PlanLowenstein Sandler Profit Sh…$101M
End-of-year total assets ($M) among Simplicityhr 401(k) Retirement Savings Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

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 Scatter plot of 6 data points. 05001000150020002500 -1000100200300400500 Total assets ($M) Participants Simplicityhr 401(k) Retirement Savings Plan, Total assets ($M): 102.219083 · Participants: 1505Simplicityhr 401(k) Retirement Savings PlanHawaii Electricians Annuity Plan, Total assets ($M): 437.680126 · Participants: 2222Hawaii Electricians Annuity PlanHawaii Sheet Metal Workers Annuity Profit Sharing, Total assets ($M): 108.876428 · Participants: 571Hawaii Sheet Metal Workers Annuity Profit SharingHawaiiusa Fcu Retirement Plan, Total assets ($M): 62.475119 · Participants: 395Hawaiiusa Fcu Retirement PlanHawaiian Dredging Construction Company Profit Sharing Plan, Total assets ($M): 41.050282 · Participants: 308Hawaiian Dredging Construction Company Profit Sharing PlanHawaii Island Community Health Center 403(b) Plan, Total assets ($M): 12.913003 · Participants: 441Hawaii Island Community Health Center 403(b) Plan
Simplicityhr 401(k) Retirement Savings Plan vs. nearby Profit Sharing plans in Hawaii, assets vs. participants
Compare Simplicityhr 401(k) Retirement Savings Plan side-by-side with 3 peers →

Simplicityhr 401(k) Retirement Savings Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Hawaii, the nearest Profit Sharing by assets is U.a. Plumbers & Steamfitters Local 22 Annuity Fund in NY ($102M); by covered participants it is Local Union No. 41 IBEW Annuity Fund in NY (1,495 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($102M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,505 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which Profit Sharing plans cover a similar participant headcount to Simplicityhr 401(k) Retirement Savings Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Local Union No. 41 IBEW Annuity Fund in NY (1,495 participants, $141M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 990332532.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.