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 6th-highest average participant cash contribution per active participant ($7,883) of the 34 plans whose industry group is Other Fabricated Metal Product Manufacturing. That $7,883 compares to an average of $5,009 across those 34 plans.
Beating the average of $5,009 means an extra $3,448,882 in participant cash contributions.
But it's still under the median of $9,344 and average of $9,194 across all 124 plans that, like it, are in Massachusetts.
Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants
Circor International, Inc. 401(K) Savings Plan has these standings among those 34 peer plans:
Beating the average of $5,009 means an extra $3,448,882 in participant cash contributions.
But it's still under the median of $9,344 and average of $9,194 across all 124 plans that, like it, are in Massachusetts.
Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants
Circor International, Inc. 401(K) Savings Plan has these standings among those 34 peer plans:
- average participant cash contribution per active participant = $7,883 (6th-highest)
- cash contributions from participants = $9,459,188 (14th-most)
- active participants = 1,200 (8th-fewest)
Visualize
Peers
beat out by Enerpac Tool Group 401(K) Plan in Menomonee Falls, WI ($9,313), Bissell Inc. 401(K) Plan in Grand Rapids, MI ($8,707), Morris Group, Inc. 401(K) Plan in Windsor, CT ($8,636), and Chamberlain 401(K) Plan in Oak Brook, IL ($8,572), and 1 other.
beat T.D. Williamson, Inc. Thrift Plan and Trust in Tulsa, OK ($7,492), Tenaris 401(K) Savings Plan in Houston, TX ($6,128), NMB (USA) Inc. Retirement Savings Plus Plan in Chatsworth, CA ($5,877), and High Company LLC Retirement Savings Plan in Lancaster, PA ($5,828), and 24 others, ending with Marmon Consolidated Retirement Plan in Chicago, IL ($1,592).
beat T.D. Williamson, Inc. Thrift Plan and Trust in Tulsa, OK ($7,492), Tenaris 401(K) Savings Plan in Houston, TX ($6,128), NMB (USA) Inc. Retirement Savings Plus Plan in Chatsworth, CA ($5,877), and High Company LLC Retirement Savings Plan in Lancaster, PA ($5,828), and 24 others, ending with Marmon Consolidated Retirement Plan in Chicago, IL ($1,592).
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-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.
- 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.