Benchmarking Transperfect Translations International, Inc. Retirement Plan in New York, NY against all plans
Transperfect Translations International, Inc. Retirement Plan in New York, NY has the 11th-lowest total administrative expense per participant ($14.61) of the 88 plans whose industry group is Other Professional, Scientific, and Technical Services. That $14.61 compares to an average of $113.95 across those 88 plans.
Beating the average of $113.95 means a decrease of $382,749 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Transperfect Translations International, Inc. Retirement Plan has these standings among those 88 plans:
Beating the average of $113.95 means a decrease of $382,749 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Transperfect Translations International, Inc. Retirement Plan has these standings among those 88 plans:
- total administrative expense per participant = $14.61 (11th-lowest)
- total administrative expenses = $56,284 (14th-lowest)
- total participants = 3,853 (20th-most)
Visualize
Peers
beat out by Centra Technology, Inc. 401(K) Plan in Burlington, MA (-$13.28), Schlumberger Limited Savings and Profit Sharing Plan in Houston, TX ($0.00), Worksmart Systems, Inc. 401(K)Profit Sharing Plan and Trust in Indianapolis, IN ($0.00), and Cornerstone Research 401(K) and Profit Sharing Plan in Boston, MA ($1.69), and 6 others, ending with Pilot Catastrophe Services, Inc. 401(K) Profit Sharing Plan in Mobile, AL ($10.24).
beat GP Retirement Savings Plan in Columbia, MD ($16.30), Sorenson Communications, LLC. 401(K) Profit Sharing Plan in Salt Lake City, UT ($18.52), Inframark 401(K) Savings Plan in Horsham, PA ($20.50), and Solera Holdings,Inc.Retirement Savings Plan in Westlake, TX ($22.37), and 73 others, ending with National Exchange Carrier Association Retirement Savings Plan in Morristown, NJ ($678.43).
beat GP Retirement Savings Plan in Columbia, MD ($16.30), Sorenson Communications, LLC. 401(K) Profit Sharing Plan in Salt Lake City, UT ($18.52), Inframark 401(K) Savings Plan in Horsham, PA ($20.50), and Solera Holdings,Inc.Retirement Savings Plan in Westlake, TX ($22.37), and 73 others, ending with National Exchange Carrier Association Retirement Savings Plan in Morristown, NJ ($678.43).
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.