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Benchmarking Circor International, Inc. 401(K) Savings Plan in Burlington, MA against all plans

 

Circor International, Inc. 401(K) Savings Plan in Burlington, MA has the 3rd-highest average participant cash contribution per active participant ($7,396) of the 38 plans whose industry group is Other Fabricated Metal Product Manufacturing. That $7,396 compares to an average of $4,738 across those 38 plans.

Beating the average of $4,738 means an extra $3,433,688 in participant cash contributions.

But it's still under the median of $8,566 and average of $8,431 across 120 plans that, like it, are in Massachusetts.

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

Circor International, Inc. 401(K) Savings Plan has these standings among those 38 plans:

  • average participant cash contribution per active participant = $7,396 (3rd-highest)

  • cash contributions from participants = $9,555,742 (6th-most)

  • active participants at the end of the plan year = 1,292 (16th-fewest)

Visualize

 
 

Peers

beat out by Trimas Corporation Salaried Retirement Program in Bloomfield Hills, MI ($9,828) and Morris Group, Inc. 401(K) Plan in Windsor, CT ($8,028).

beat Jr Technology Group Retirement Savings Plan in Holland, MI ($7,383), W. C. Bradley Co. 401(K) Savings Plan in Columbus, GA ($7,292), Bissell Inc. 401(K) Plan in Grand Rapids, MI ($7,271), and The Vollrath Company LLC Savings & Profit Sharing Plan in Sheboygan, WI ($7,267), and 31 others, ending with Marmon Consolidated Retirement Plan in Chicago, IL ($1,254).

References

  1. 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.
  2. average participant cash contribution per active participant. Higher values are better. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) 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.