Plans » Benchmarking Engine
Benchmarking Lever1 Retirement Savings Plan in Kansas City, MO against
bad (5)
Lever1 Retirement Savings Plan in Kansas City, MO has the 10th-lowest average account balance ($17,085) of the 233 plans in the Plains whose economic sector is Professional, Scientific, and Technical Services. That $17,085 compares to an average of $102,958 across those 233 plans.
Reaching the average of $102,958 would imply an extra $94,374,240 in total assets.
Note: average account balance = total assets ÷ total participants
Lever1 Retirement Savings Plan has these standings among those 233 peer plans:
Reaching the average of $102,958 would imply an extra $94,374,240 in total assets.
Note: average account balance = total assets ÷ total participants
Lever1 Retirement Savings Plan has these standings among those 233 peer plans:
- average account balance = $17,085 (10th-lowest)
- total assets = $18,776,037 (102nd-least)
- total participants = 1,099 (7th-most)
- average account balance. Higher values are better. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. 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.
- 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.
- in region. The 9 regions with their corresponding states or other geographic entities are: New England (CT ME MA NH RI VT), Mid Atlantic (DE DC MD NJ NY PA), Great Lakes (IL IN MI OH WI), Plains (IA KS MN MO NE ND SD), Southeast (AL AR FL GA KY LA MS NC SC TN VA WV), Southwest (AZ NM OK TX), Rocky Mountains (CO ID MT UT WY), Far West (AK CA HI NV OR WA), and Outlying Areas (VI PR GU AS MP). 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.
Lever1 Retirement Savings Plan in Kansas City, MO is in Kansas City, MO, its EIN is 454152888, its industry group is Accounting, Tax Preparation, Bookkeeping, and Payroll Services, its plan administrator is Greg Chapman, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a multiple-employer plan, its business code is 541214, has 1,000 to 4,999 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) ($18.80M)
- total assets ($18,776,037)
- value of interest in registered investment companies (e.g., mutual funds) ($18.10M)
- total assets at beginning of plan year ($11,949,204)
- total income ($5,491,784)
- net income ($4,121,409)
- total contributions ($3,413,243)
- asset transfers to this plan ($2,705,424)
- cash contributions from participants ($2,362,821)
- earnings on investments ($2,078,541)
- net earnings on investments ($2,052,892)
- total expenses ($1,370,375)
- cash contributions from employers ($1,032,728)
- participant loans ($248,598)
- receivables employer contributions ($207,028)
- receivables participant contributions ($174,160)
- total administrative expenses ($118,051)
- contract administrator fees ($92,402)
- investment advisory and management fees ($25,649)
- average account balance ($17,085)
- corrective distributions ($16,982)
- other receivables (not employer nor participant contributions) ($3,760)
- net income per total participant ($3,750)
- average participant cash contribution per active participant ($2,704)
- average employer cash contribution per active participant ($1,182)
- total administrative expense per participant ($107.42)
- total noninterest-bearing cash ($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 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)
- other administrative expenses ($0)
- asset transfers from this plan ($0)
- percentage of active participants (79.5%)
- diversity of asset types (5.8%)
- participant loans as a percentage of plan assets (1.32%)
- total administrative expense ratio (0.630%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (874)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (1,099)
- other retired or separated participants entitled to future benefits (225)
- retired or separated participants receiving benefits (0)
- total participants (1,099)
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