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Benchmarking Sartorius 401(K) Savings Plan in Bohemia, NY against all plans

 

Sartorius 401(K) Savings Plan in Bohemia, NY has the 5th-highest average employer cash contribution per active participant ($6,045) of the 53 plans whose industry group is Other Miscellaneous Manufacturing. That $6,045 compares to an average of $2,848 across those 53 plans.

Beating the average of $2,848 means an extra $3,114,014 in employer cash contributions.

Note: average employer cash contribution per active participant =
cash contributions from employers ÷ active participants at the end of the plan year

Sartorius 401(K) Savings Plan has these standings among those 53 plans:

  • average employer cash contribution per active participant = $6,045 (5th-highest)

  • cash contributions from employers = $5,888,041 (6th-most)

  • active participants at the end of the plan year = 974 (21st-fewest)

Visualize

 
 

Peers

beat out by Amkor Technology, Inc. 401(K) Plan in Tempe, AZ ($8,028), A-Dec, Inc. 401(K) Profit Sharing Retirement Plan in Newberg, OR ($7,236), Neptune Technology Group Inc Retirement Savings & Investment Plan in Tallassee, AL ($6,357), and Nelson Irrigation Corporation 401(K) and Profit Sharing Plan in Walla Walla, WA ($6,301).

beat Wenger Corporation Retirement Savings Plan in Owatonna, MN ($5,538), Siemens Gamesa Renewable Energy, Inc. Savings Plan in Orlando, FL ($5,458), Leupold & Stevens Retirement Savings Plan in Beaverton, OR ($5,311), and Epiroc 401(K) Plan in Garland, TX ($5,207), and 44 others, ending with Cavco Industries, Inc. 401(K) Plan in Phoenix, AZ ($266.50).

References

  1. average employer cash contribution per active participant. Higher values are better. Average employer cash contribution per active participant equals cash contributions from employers, Line 2a(1)(A) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. 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. 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.