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Benchmarking Arkema Inc. Retirement Savings (401(K)) Plan for Collectively Bargained Employees in King of Prussia, PA against all plans

 

Arkema Inc. Retirement Savings (401(K)) Plan for Collectively Bargained Employees in King of Prussia, PA has the 11th-most participant loans as a percentage of plan assets (1.55%) among the 162 plans in the Mid Atlantic that have 500 to 999 total participants. That 1.55% compares to an average of 0.79% across those 162 plans.

Reaching the average of 0.79% would imply a savings of $1,019,944 in participant loans.

Note: participant loans as a percentage of plan assets =
(100 * participant loans) รท total assets

Arkema Inc. Retirement Savings (401(K)) Plan for Collectively Bargained Employees has these standings among those 162 plans:

  • participant loans as a percentage of plan assets = 1.55% (11th-most, tied)

  • participant loans = $2,093,005 (16th-most)

  • total assets = $134.90M (79th-least)

Visualize

 
 

Peers

better than Ridgewood Savings Bank Profit Sharing and 401 (K) Plan in Ridgewood, NY (3.21%), Specialty Granules Holdings LLC 401(K) Plan in Parsippany, NJ (2.83%), Peoples Natural Gas Company LLC Union Savings Plan in Pittsburgh, PA (2.37%), and Dean Foods Union 401k Plan in Saddle Brook, NJ (2.20%), and 6 others, ending with Oerlikon Metco (US) 401(K) Plan in Westbury, NY (1.58%).

tied with GT Services LLC Savings and Investment Plan in Landsale, PA (1.55%).

exceeded Audia International, Inc. 401(K) & Profit Sharing Plan in Washington, PA (1.50%), Savings Plan of Cravath, Swaine & Moore LLP in New York, NY (1.48%), Fedway Associates, Inc. 401(K) Employee Savings Plan in Basking Ridge, NJ (1.46%), and The Savings & Investment Plan for Employees of Oberg Industries LLC in Freeport, PA (1.46%), and 146 others, ending with Scott Electric Company Employees Retirement Plan in Greensburg, PA (0.00%).

References

  1. participant loans as a percentage of plan assets. Lower values are better. Participant loans as a percentage of plan assets equals participant loans, Line 1c(8) of Schedule H, divided by total assets, Line 1f of Schedule H, multiplied by 100. A high value may indicate excessive borrowing from participants' retirement accounts. 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.
  2. in region. The 9 regions with their corresponding states or other geographic entities are: New England (CT ME MA NH RI VT), Mid Atlantic (DE DC MD NJ NY PA), Great Lakes (IL IN MI OH WI), Plains (IA KS MN MO NE ND SD), Southeast (AL AR FL GA KY LA MS NC SC TN VA WV), Southwest (AZ NM OK TX), Rocky Mountains (CO ID MT UT WY), Far West (AK CA HI NV OR WA), and Outlying Areas (VI PR GU AS MP). 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.
  3. total participants bracket. We partitioned total participants into eight brackets: 0-9, 10-24, 25-49, 50-99, 100-499, 500-999, 1000-4999, 5000-24999, and 25000 or more. 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.