Plans » Benchmarking Engine
Benchmarking Form Technologies 401(K) Plan in Charlotte, NC against
bad (5)
Form Technologies 401(K) Plan in Charlotte, NC has the 12th-lowest net income ($6,304,410) of the 68 North Carolina plans. Those $6,304,410 compare to an average of $16,002,776 across the 68 plans.
Note: net income = total income - total expenses
Form Technologies 401(K) Plan has these standings among those 68 plans:
Note: net income = total income - total expenses
Form Technologies 401(K) Plan has these standings among those 68 plans:
- net income = $6,304,410 (12th-lowest)
- total income = $25,125,556 (23rd-lowest)
- total expenses = $18,821,146 (16th-highest)
better than Lord Corporation Salaried Non-Exempt Employees' Savings and Retirement Plan in Cary, NC (-$19,932,897), Nexans USA Inc. 401k Retirement Savings Plan in Hickory, NC (-$18,861,845), Elevate Textiles 401(K) Retirement Plan in Charlotte, NC (-$10,203,782), and M&H Partners In Wealth Savings Plan in Gastonia, NC (-$4,044,894), and 7 others, ending with Unifi, Inc. Retirement Savings Plan in Greensboro, NC ($6,254,908).
trailed Capitol Broadcasting Company, Inc Retirement Savings Plan in Raleigh, NC ($6,605,217), SGL Carbon, LLC Retirement and Savings Plan in Charlotte, NC ($7,722,408), Husqvarna Retirement Savings 401k Plan in Charlotte, NC ($7,957,502), and Avaya Inc. Savings Plan in Durham, NC ($8,350,566), and 52 others, ending with Brighthouse Services, LLC Savings Plan and Trust in Charlotte, NC ($50,782,021).
trailed Capitol Broadcasting Company, Inc Retirement Savings Plan in Raleigh, NC ($6,605,217), SGL Carbon, LLC Retirement and Savings Plan in Charlotte, NC ($7,722,408), Husqvarna Retirement Savings 401k Plan in Charlotte, NC ($7,957,502), and Avaya Inc. Savings Plan in Durham, NC ($8,350,566), and 52 others, ending with Brighthouse Services, LLC Savings Plan and Trust in Charlotte, NC ($50,782,021).
- net income. Higher values are better. Net income, Line 2k from Schedule H, equals total income (Line 2d) minus total expenses (Line 2j), all from Schedule H. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- in state. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Form Technologies 401(K) Plan in Charlotte, NC is in North Carolina, is in the Southern states, its EIN is 900728033, its industry group is Nonferrous Metal (except Aluminum) Production and Processing, its plan administrator is Susan Knowlson, a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, has total assets of $100M to $250M, has 1,000 to 4,999 total participants, is worse than the overall participant averages in each of average account balance, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (4 total), and is higher than the overall administrative medians in each of other administrative expenses, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets ($138.70M)
- net assets (assets minus liabilities) ($138.70M)
- value of interest in registered investment companies (e.g., mutual funds) ($124.40M)
- total income ($25,125,556)
- total expenses ($18,821,146)
- value of interest in common/collective trusts ($9,471,201)
- total contributions ($8,998,996)
- net income ($6,304,410)
- cash contributions from participants ($5,407,597)
- participant loans ($3,227,938)
- cash contributions from employers ($2,865,731)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($1,536,506)
- other administrative expenses ($217,228)
- total administrative expenses ($217,228)
- average account balance ($80,127)
- net income per active participant ($4,824)
- average participant cash contribution per active participant ($4,137)
- average employer cash contribution per active participant ($2,193)
- total administrative expense per participant ($125.49)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($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 pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- 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)
- professional fees ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- percentage of active participants at the end of the plan year (75.5%)
- diversity of asset types (13.1%)
- participant loans as a percentage of plan assets (2.33%)
- total administrative expense ratio (0.160%)
- employer securities as a percentage of plan assets (0.00%)
- active participants at the end of the plan year (1,307)
- deceased participants whose beneficiaries receive or are entitled to benefits (3)
- living participants (1,728)
- other retired or separated participants entitled to future benefits (415)
- retired or separated participants receiving benefits (6)
- total participants (1,731)
Global References