Plans » Benchmarking Engine
Benchmarking UMC 401(K) Plan in Sunnyvale, CA against
good (14)
neutral (4)
UMC 401(K) Plan in Sunnyvale, CA has the 5th-highest average account balance ($295,902) of the 885 plans that are not a profit-sharing plan. That $295,902 compares to an average of $73,395 across those 885 plans.
Beating the average of $73,395 means an extra $27,145,756 in total assets.
Note: average account balance = total assets ÷ total participants
UMC 401(K) Plan has these standings among those 885 plans:
Beating the average of $73,395 means an extra $27,145,756 in total assets.
Note: average account balance = total assets ÷ total participants
UMC 401(K) Plan has these standings among those 885 plans:
- average account balance = $295,902 (5th-highest)
- total assets = $36.10M (170th-most in, tied)
- total participants = 122 (33rd-fewest, tied)
- average account balance. Higher values are better. Average account balance equals total assets, in Line 1f of Schedule H, divided by total participants, in Line 6f of 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.
- a profit-sharing plan. Feature code 2E within Line 8a of 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.
UMC 401(K) Plan in Sunnyvale, CA is in Sunnyvale, CA, is in the Western states, its EIN is 770468157, its industry group is Semiconductor and Other Electronic Component Manufacturing, its plan administrator is Kate Huie, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, has total assets of $10M to $50M, has 100 to 499 total participants, and is better than the overall participant averages in each of net income per active participant, average account balance, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (these 5 include the entire set).
Global References
Numeric values:
- total assets ($36.10M)
- net assets (assets minus liabilities) ($36.10M)
- value of interest in registered investment companies (e.g., mutual funds) ($31.50M)
- total income ($7,159,059)
- net income ($5,638,936)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($4,497,780)
- total contributions ($1,850,229)
- total expenses ($1,520,123)
- cash contributions from participants ($1,203,315)
- average account balance ($295,902)
- cash contributions from employers ($281,500)
- participant loans ($168,757)
- net income per active participant ($97,223)
- average participant cash contribution per active participant ($20,747)
- average employer cash contribution per active participant ($4,853)
- other administrative expenses ($206)
- total administrative expenses ($206)
- total administrative expense per participant ($1.69)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in common/collective trusts ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- professional fees ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- percentage of active participants at the end of the plan year (47.5%)
- diversity of asset types (12.7%)
- participant loans as a percentage of plan assets (0.47%)
- total administrative expense ratio (0.001%)
- employer securities as a percentage of plan assets (0.00%)
- active participants at the end of the plan year (58)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (122)
- other retired or separated participants entitled to future benefits (64)
- retired or separated participants receiving benefits (0)
- total participants (122)
Global References