Benchmarking Mistras Group, Inc. Salary Savings Plan in Princeton Junction, NJ against all plans
Mistras Group, Inc. Salary Savings Plan in Princeton Junction, NJ has the 2nd-lowest total administrative expense per participant ($22.30) of the 23 plans whose industry group is Other Electrical Equipment and Component Manufacturing. That $22.30 compares to an average of $134.17 across those 23 plans.
Beating the average of $134.17 means a decrease of $443,103 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Mistras Group, Inc. Salary Savings Plan has these standings among those 23 plans:
Beating the average of $134.17 means a decrease of $443,103 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Mistras Group, Inc. Salary Savings Plan has these standings among those 23 plans:
- total administrative expense per participant = $22.30 (2nd-lowest)
- total administrative expenses = $88,311 (5th-lowest)
- total participants = 3,961 (the most)
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Peers
TDK U.S.A Corporation Savings Plan in Uniondale, NY is first with -$15.40.
beat Quadient, Inc. 401(K) Plan in Milford, CT ($28.74), Kirby Risk Corporation Retirement Plan in Lafayette, IN ($71.30), Duracell Retirement & Savings Plan in Chicago, IL ($81.03), and Raven Industries, Inc. 401(K) Plan in Sioux Falls, SD ($83.91), and 17 others, ending with Wahl Clipper Corp 401(K) Profit Sharing Plan in Sterling, IL ($300.84).
beat Quadient, Inc. 401(K) Plan in Milford, CT ($28.74), Kirby Risk Corporation Retirement Plan in Lafayette, IN ($71.30), Duracell Retirement & Savings Plan in Chicago, IL ($81.03), and Raven Industries, Inc. 401(K) Plan in Sioux Falls, SD ($83.91), and 17 others, ending with Wahl Clipper Corp 401(K) Profit Sharing Plan in Sterling, IL ($300.84).
References
- whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. 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.
- total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by the sum of active, retired, or separated participants who are still living, plus deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the number of total assets must be greater than $100K. 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.