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Benchmarking Chiquita/Fresh Express Savings and Investment Plan in Ft.Lauderdale, FL against all plans

 

In the Southeast with its 556 plans, Chiquita/Fresh Express Savings and Investment Plan in Ft.Lauderdale, FL has the lowest average employer+participant cash contribution per active participant ($3,643) of the 358 plans (from those 556) with at most 2,186 active participants (Chiquita/Fresh Express Savings and Investment Plan is at 1,951). That $3,643 compares to an average of $14,159 across those 358 plans.

Reaching the average of $14,159 would imply an extra $20,516,526 in employer+participant cash contributions.

Note: average employer+participant cash contribution per active participant = average participant cash contribution per active participant + average employer cash contribution per active participant

Chiquita/Fresh Express Savings and Investment Plan has these standings among those 358 peer plans:

  • average employer+participant cash contribution per active participant = $3,643 (the lowest)

  • average participant cash contribution per active participant = $2,738 (3rd-lowest)

  • average employer cash contribution per active participant = $905.20 (11th-lowest)

Visualize

 
 

Peers

trailed Pomeroy Technologies LLC Retirement Savings Plan in Hebron, KY ($3,863), Woman's Hospital Foundation Employer Contribution Plan in Baton Rouge, LA ($4,003), Glen Raven, Inc. Employees 401(K) Retirement Savings Plan in Burlington, NC ($4,230), and Zenith American Solutions, Inc. Retirement Savings in Tampa, FL ($4,234), and 353 others, ending with Crescent River Port Pilots' Association 401(K) Retirement Plan in Metairie, LA ($50,577).

References

  1. average employer+participant cash contribution per active participant. Higher values are better. Average employer+participant cash contribution per active participant equals the sum of cash contributions from employers, Line 2a(1)(A), plus cash contributions from participants, Line 2a(1)(B), both 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-July-2024 updates to the year-2022 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-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  3. active participants. Total number of active participants at the end of the plan year, Line 6a(2) in Form 5500. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.