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Benchmarking Revere Health 401k Profit Sharing Plan in Provo, UT against all plans

 

Revere Health 401k Profit Sharing Plan in Provo, UT has the lowest average employer cash contribution per active participant ($0.00) of the 144 plans whose industry group is Offices of Physicians. That $0.00 compares to an average of $10,066 across those 144 plans.

Reaching the average of $10,066 would imply an extra $20,374,098 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

Revere Health 401k Profit Sharing Plan has these standings among those 144 plans:

  • average employer cash contribution per active participant = $0.00 (the lowest, tied)

  • cash contributions from employers = $0 (the least in, tied)

  • active participants at the end of the plan year = 2,024 (9th-most)

Visualize

 
 

Peers

tied with Fairview Health Services 401(K) Plan in Minneapolis, MN ($0.00).

trailed Crystal Run Healthcare Physicians LLP Retirement Plan in Middletown, NY ($368.50), Centurion 401(K) Savings Plan in Vienna, VA ($444.50), Sharp Rees-Stealy Medical Group, Inc. 401(K) Retirement Savings Plan in San Diego, CA ($449.10), and Noran Neurological Clinic, P. A. 401(K) Profit Sharing Plan in Minneapolis, MN ($1,003), and 138 others, ending with City of Hope Medical Group 401k Retirement Savings Plan in Duarte, CA ($46,135).

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.