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Benchmarking Deutz Corporation Employees Salary Deduction Plan in Norcross, GA against
bad (2)
Deutz Corporation Employees Salary Deduction Plan in Norcross, GA has the 6th-highest other administrative expenses ($68,615) of the 60 Georgia plans whose economic sector is Wholesale Trade. Those $68,615 compare to an average of $16,134 across the 60 plans.
- whose economic sector is. The economic sector is the first two 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-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.
- other administrative expenses. Lower values are better. From Line 2i(4), Schedule H. Other expenses are those that cannot be included in 2i(1) through 2i(3). These may include plan expenditures such as salaries and other compensation and allowances (e.g., payment of premiums to provide health insurance benefits to plan employees), expenses for office supplies and equipment, cars, telephone, postage, rent, expenses associated with the ownership of a building used in the operation of the plan, and all miscellaneous expenses. Includes premium payments to the PBGC when paid from plan assets. A missing entry from the Schedule H is here assigned a value of $0. 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.
- in state. 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.
Deutz Corporation Employees Salary Deduction Plan in Norcross, GA is in Norcross, GA, its EIN is 390490439, its industry group is Machinery, Equipment, and Supplies Merchant Wholesalers, its plan administrator is Wanderlyn Chapple, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, provides for automatic enrollment, is a single-employer plan, its business code is 423800, has 100 to 499 total participants, is better than the overall plan medians in each of total income, net income, yield on beginning-of-plan-year total assets, and diversity of asset types (4 total), and is better than the overall participant averages in each of net income per total participant, employer contributions per active participant, and total administrative expense per participant.
Global References
Numeric values:
- net assets (assets minus liabilities) ($30.40M)
- total assets ($30,374,126)
- value of interest in registered investment companies (e.g., mutual funds) ($28.00M)
- total assets at beginning of plan year ($25,391,205)
- total income ($6,621,758)
- net income ($4,982,921)
- earnings on investments ($3,997,274)
- net earnings on investments ($3,997,274)
- total contributions ($2,624,484)
- value of interest in common/collective trusts ($2,000,854)
- total expenses ($1,638,837)
- cash contributions from participants ($1,494,612)
- cash contributions from employers ($1,102,370)
- participant loans ($272,127)
- average account balance ($78,486)
- other administrative expenses ($68,615)
- total administrative expenses ($68,615)
- receivables participant contributions ($52,731)
- receivables employer contributions ($39,546)
- net income per total participant ($12,876)
- average participant cash contribution per active participant ($5,861)
- average employer cash contribution per active participant ($4,323)
- corrective distributions ($244)
- total administrative expense per participant ($177.30)
- total noninterest-bearing cash ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($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)
- professional fees ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (65.9%)
- yield on beginning-of-plan-year total assets (15.74%)
- diversity of asset types (9.9%)
- participant loans as a percentage of plan assets (0.90%)
- total administrative expense ratio (0.230%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (255)
- deceased participants whose beneficiaries receive or are entitled to benefits (1)
- living participants (386)
- other retired or separated participants entitled to future benefits (131)
- retired or separated participants receiving benefits (0)
- total participants (387)
Global References