Plans » Benchmarking Engine
Benchmarking Michael Page International, Inc. 401k Savings Plan in Stamford, CT against
good (1)
neutral (4)
Michael Page International, Inc. 401k Savings Plan in Stamford, CT has the 4th-highest yield on beginning-of-plan-year total assets (17.37%) among the 21 plans in Stamford, CT. That 17.37% compares to an average of 14.62% across those 21 plans.
Beating the average of 14.62% means an extra $450,662 in net earnings on investments.
Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) ÷ total assets at beginning of plan year
Michael Page International, Inc. 401k Savings Plan has these standings among those 21 peer plans:
Beating the average of 14.62% means an extra $450,662 in net earnings on investments.
Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) ÷ total assets at beginning of plan year
Michael Page International, Inc. 401k Savings Plan has these standings among those 21 peer plans:
- yield on beginning-of-plan-year total assets = 17.37% (4th-highest)
- net earnings on investments = $2,846,065 (8th-lowest)
- total assets at beginning of plan year = $16,384,882 (6th-least)
- asset transfers to this plan = $0
- asset transfers from this plan = $0
- cash contributions from participants = $1,813,208
- cash contributions from employers = $791,085
- total contributions = $2,996,130
- in city. Values were kept only if they occurred at least 20 times. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- yield on beginning-of-plan-year total assets. Higher values are better. To qualify, the total assets at the beginning of the plan year must be above zero, and either (1) both the asset transfers to the plan and asset transfers from the plan during the plan year must be zero, or (2) the sum of the absolute values of both asset transfers must be less than 1% of the total assets at the beginning of the plan year. If it qualifies, the yield on beginning-of-plan-year total assets (as a percentage) equals net earnings on investments divided by total assets at the beginning of the plan year, times 100. The above quantities are all from Schedule H: Assets transfer to the plan is Line 2l(1). Assets transfer from the plan is Line 2l(2). Net earnings on investments is the sum of the ten column (b) entries from 2b, minus investment advisory and management fees (Line 2i(3)). Total assets at the beginning of the plan year is Line 1f(a). Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Michael Page International, Inc. 401k Savings Plan in Stamford, CT is in Stamford, CT, its EIN is 650790985, its industry group is Computer Systems Design and Related Services, its plan administrator is Lorraine Egloff, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 541512, has 500 to 999 total participants, is worse than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, and employer contributions per active participant (4 total), and is higher than the overall administrative medians in each of contract administrator fees, investment advisory and management fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- net assets (assets minus liabilities) ($19.80M)
- total assets ($19,762,170)
- value of interest in registered investment companies (e.g., mutual funds) ($18.40M)
- total assets at beginning of plan year ($16,384,882)
- total income ($5,875,050)
- net income ($3,377,288)
- total contributions ($2,996,130)
- earnings on investments ($2,878,920)
- net earnings on investments ($2,846,065)
- total expenses ($2,497,762)
- cash contributions from participants ($1,813,208)
- value of interest in common/collective trusts ($1,090,143)
- cash contributions from employers ($791,085)
- participant loans ($310,582)
- total administrative expenses ($81,745)
- contract administrator fees ($48,890)
- investment advisory and management fees ($32,855)
- average account balance ($32,557)
- net income per total participant ($5,564)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($5,354)
- average participant cash contribution per active participant ($3,754)
- average employer cash contribution per active participant ($1,638)
- total administrative expense per participant ($134.67)
- 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 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)
- corrective distributions ($0)
- professional fees ($0)
- other administrative expenses ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (79.6%)
- yield on beginning-of-plan-year total assets (17.37%)
- diversity of asset types (9.3%)
- participant loans as a percentage of plan assets (1.57%)
- total administrative expense ratio (0.410%)
- total cash as a percentage of plan assets (0.03%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (483)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (607)
- other retired or separated participants entitled to future benefits (124)
- retired or separated participants receiving benefits (0)
- total participants (607)
Global References