Retirement plan

HOLLAND AMERICA LINE N.V. 401(K) PROFIT SHARING PLAN

Name: HOLLAND AMERICA LINE N.V. - HOLLAND AMERICA LINE N.V. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: HOLLAND AMERICA LINE N.V.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOLLAND AMERICA LINE N.V. 401(K) PROFIT SHARING PLAN, HOLLAND AMERICA LINE N.V.

HOLLAND AMERICA LINE N.V.EIN 98-0162703Plan #001PY 2022

450 THIRD AVE. W. - SEATTLE, WA 981194002206-626-8245hollandamerica.comLinkedIn10001+ employeesleisure, travel & tourism

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$161M

-21.4% from 2021

Total participants

1,933

+6.6% from 2021

Average account balance

$98,573

-23.3% from 2021

Annual return

-17.35%

-31.64 pp from 2021

Benchmarks

See 336 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort336 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$210.12M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$120K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,755

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

78.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15.37M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.45%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$130

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY2 years Service code 13 · EIN 42-0127290	Contract Administrator	$128,459
WINSTON & STRAWN LLP4 years Service code 29 · EIN 36-1975990	Legal	$62,785
UBS FINANCIAL SERVICES INC2 years Filed as: UBS FINANCIAL SERVICES Service code 27 · EIN 13-2638166	Advisory (Plan)	$32,500
SWEENEY CONRAD, P.S.6 years Service code 10 · EIN 91-1301672	Accounting	$21,500
USI CONSULTING GROUP1 year Service code 16 · EIN 06-1053228	Consulting	$19,000

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3F

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$262K

$218 / participant

Investment mgmt$63K23.9%
Contract admin$126K48.2%
Other / not subdivided$73K27.8%

% of EOY assets

0.163%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SWEENEY CONRAD, P.S.
Auditor EIN: 911301672
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$98,573

$37,418+163.4%

$77,081+27.9%

$77,906+26.5%

Participation rate

75.1%

46.9%+28.2pp

67.9%+7.2pp

73.7%+1.4pp

Annual return

-17.35%

-7.13%-10.2pp

42.33%-59.7pp

12.16%-29.5pp

Employer contribution / active EE

$4,086

$1,200+240.5%

$2,813+45.2%

$2,846+43.5%

Participant deferral / active EE

$5,280

$2,572+105.3%

$4,428+19.2%

$4,805+9.9%

Admin fee / account holder

$161

$126+27.4%

$5,427-97.0%

$133+21.1%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 42-0127290

Contract Administrator

$128,459

WINSTON & STRAWN LLP4 years

Service code 29 · EIN 36-1975990

Legal

$62,785

UBS FINANCIAL SERVICES INC2 years

Filed as: UBS FINANCIAL SERVICES

Service code 27 · EIN 13-2638166

Advisory (Plan)

$32,500

SWEENEY CONRAD, P.S.6 years

Service code 10 · EIN 91-1301672

Accounting

$21,500

USI CONSULTING GROUP1 year

Service code 16 · EIN 06-1053228

Consulting

$19,000

HOLLAND AMERICA LINE N.V. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOLLAND AMERICA LINE N.V. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion