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Benchmarking Schiff Hardin LLP Incentive Savings 401(K) Plan in Washington, DC against all plans

 

Only Schiff Hardin LLP Incentive Savings 401(K) Plan in Washington, DC has both such a low average participant cash contribution per active participant ($3,889) and such a low net income per total participant (-$107,782).

So, any other plan with as low an average participant cash contribution per active participant also has higher net income per total participant. Likewise, any other plan with as low a net income per total participant also has higher average participant cash contribution per active participant.

Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants

Schiff Hardin LLP Incentive Savings 401(K) Plan has these standings among all the 2,942 plans:

  • average participant cash contribution per active participant = $3,889 (543rd-lowest)

  • cash contributions from participants = $1,384,500 (44th-least)

  • active participants = 356 (289th-fewest, tied)



Note: net income per total participant = net income ÷ total participants

Schiff Hardin LLP Incentive Savings 401(K) Plan has these standings among all the 2,942 plans:

  • net income per total participant = -$107,782 (65th-lowest)

  • net income = -$71,135,878 (25th-lowest)

  • total participants = 660 (381st-fewest, tied)

Visualize

 
 

Peers

closest are Larson Manufacturing Company Employee Profit Sharing Plan in Deerfield, IL ($0.00, -$104,292), Guthrie 401(K) Retirement Savings Plan in Sayre, PA ($2,342, -$73,060), Leidos Biomedical Research, Inc. Employee Savings Plan in Frederick, MD ($0.00, -$66,216), and IBEW Local 405 Deferred Savings Plan in Cedar Rapids, IA ($1,421, -$45,604), ending with Sunbelt Marketing Investment Corp. Employee Stock Ownership and Salary Deferral Plan in Austell, GA ($3,799, $63,342).

References

  1. net income per total participant. Higher values are better. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, Line 6f of 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. 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-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.