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Benchmarking Bimbo Bakeries USA Union Savings Plan in Horsham, PA against all plans

 

Bimbo Bakeries USA Union Savings Plan in Horsham, PA has the 4th-most participant loans as a percentage of plan assets (4.20%) among the 595 Mid-Atlantic plans. That 4.20% compares to an average of 1.08% across those 595 plans.

Reaching the average of 1.08% would imply a savings of $4,281,187 in participant loans.

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

Bimbo Bakeries USA Union Savings Plan has these standings among those 595 plans:

  • participant loans as a percentage of plan assets = 4.20% (4th-most)

  • participant loans = $5,759,169 (11th-most)

  • total assets = $137.00M (250th-least)

Visualize

 
 

Peers

better than Consol Energy Inc. Investment Plan in Canonsburg, PA (5.93%), Raymours Furniture Company, Inc. 401(K) and Profit Sharing Plan in Liverpool, NY (5.25%), and Zeus Industrial Products, Inc. 401(K) Plan in Branchburg, NJ (4.45%).

exceeded Genesee & Wyoming Inc. 401(K) Savings Plan in Rochester, NY (3.94%), Vegetation and Utility Services Employees 401(K) Savings Plan in Willow Grove, PA (3.68%), Savings Plan for Union Employees of Unilever in Englewood Cliffs, NJ (3.64%), and Mylan Pharmaceuticals Inc. 401(K) Defined Contribution Plan in Canonsburg, PA (3.52%), and 587 others, ending with Bricklayers and Trowel Trades Int'L Retirement Savings Plan in Washington, DC (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.