Barton Malow Profit Sharing and Savings Plan in Southfield, MI has the 9th-highest total administrative expense per participant ($183.15) of the 31 plans whose industry group is Nonresidential Building Construction. That $183.15 compares to an average of $144.23 across those 31 plans.
Reaching the average of $144.23 would imply a decrease of $53,361 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Barton Malow Profit Sharing and Savings Plan has these standings
among those 31 plans:
- total administrative expense per participant = $183.15 (9th-highest)
- total administrative expenses = $251,093 (10th-highest)
- total participants = 1,371 (15th-most)
Visualize
Only Barton Malow Profit Sharing and Savings Plan in Southfield, MI is in that area
Barton Malow Profit Sharing and Savings Plan in Southfield, MI has the 9th-highest total administrative expense per participant ($183.15) of the 31 plans whose industry group is Nonresidential Building Construction. That $183.15 compares to an average of $144.23 and standard deviation of $117.20 across those 31 plans.
Peers
better than James G. Davis Construction Corporation Profit Sharing, Stock Ownership, and 401(K) Plan in Rockville, MD ($547.40), Holder Construction Group, LLC Profit Sharing and 401(K) Plan in Atlanta, GA ($431.21), Moss & Associates, LLC 401(K) Profit Sharing Plan in Ft Lauderdale, FL ($253.43), and Shawmut Group 401(K) Plan in Boston, MA ($214.97), and 4 others, ending with Clayco, Inc. 401(K) Profit Sharing Plan in Chicago, IL ($188.94).
exceeded Hathaway Dinwiddie Construction Company 401(K) Plan in San Francisco, CA ($182.41), The Robins & Morton Retirement Savings Plan in Birmingham, AL ($179.15), Ryan Companies US, Inc. Retirement Plan in Minneapolis, MN ($175.71), and The Pepper Companies, Inc. Retirement and Savings Plan in Barrington, IL ($162.95), and 18 others, ending with Walbridge Profit Sharing 401(K) Plan in Detroit, MI ($7.85).
References
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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.
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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.