Plans » Benchmarking Engine
Benchmarking Jaynes, Reitmeier, Boyd & Therrell, PC 401(K) Plan in Waco, TX against
good (15)
neutral (3)
Jaynes, Reitmeier, Boyd & Therrell, PC 401(K) Plan in Waco, TX has the 2nd-lowest total administrative expense ratio (0.000%) among the 249 plans whose industry group is Accounting, Tax Preparation, Bookkeeping, and Payroll Services. That 0.000% compares to an average of 0.300% across those 249 plans.
Beating the average of 0.300% means a savings of $72,882 in total administrative expenses.
Note: total administrative expense ratio =
(100 * total administrative expenses) ÷ total assets
Jaynes, Reitmeier, Boyd & Therrell, PC 401(K) Plan has these standings among those 249 peer plans:
Beating the average of 0.300% means a savings of $72,882 in total administrative expenses.
Note: total administrative expense ratio =
(100 * total administrative expenses) ÷ total assets
Jaynes, Reitmeier, Boyd & Therrell, PC 401(K) Plan has these standings among those 249 peer plans:
- total administrative expense ratio = 0.000% (2nd-lowest)
- total administrative expenses = $0 (2nd-lowest)
- total assets = $24,213,851 (122nd-least)
- 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-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.
- total administrative expense ratio. Lower values are better. Total administrative expense ratio (as a percentage) equals total administrative expenses (Line 2i(5), Schedule H) divided by total assets (end of plan year; Line 1f(b) from Schedule H), times 100. To qualify for total administrative expense ratio, the number of total assets must be at least $50,000. 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.
Jaynes, Reitmeier, Boyd & Therrell, PC 401(K) Plan in Waco, TX is in Texas, its EIN is 742533381, its industry group is Accounting, Tax Preparation, Bookkeeping, and Payroll Services, is a profit-sharing plan, covered by a fidelity bond, self-administered by the plan sponsor, provides participant-directed brokerage accounts as investment options, is a single-employer plan, its business code is 541211, has 100 to 499 total participants, is better than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, yield on beginning-of-plan-year total assets, and diversity of asset types (5 total), and is better than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (the entire set of 5).
Global References
Numeric values:
- total assets ($24,213,851)
- net assets (assets minus liabilities) ($24.20M)
- total assets at beginning of plan year ($19,610,734)
- value of interest in pooled separate accounts ($14,845,445)
- other general investments ($8,525,415)
- total income ($4,919,425)
- net income ($4,603,117)
- earnings on investments ($3,569,444)
- net earnings on investments ($3,569,444)
- total contributions ($1,349,981)
- cash contributions from participants ($803,166)
- cash contributions from employers ($516,223)
- receivables employer contributions ($342,188)
- total expenses ($316,308)
- value of funds held in insurance company general account (unallocated contracts) ($312,073)
- participant loans ($188,730)
- average account balance ($164,720)
- net income per total participant ($31,314)
- average participant cash contribution per active participant ($8,196)
- average employer cash contribution per active participant ($5,268)
- total noninterest-bearing cash ($0)
- receivables participant contributions ($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 common/collective trusts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of interest in registered investment companies (e.g., mutual funds) ($0.0K)
- 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)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- total administrative expenses ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- total administrative expense per participant ($0.00)
- percentage of active participants (66.7%)
- diversity of asset types (25.9%)
- yield on beginning-of-plan-year total assets (18.20%)
- participant loans as a percentage of plan assets (0.78%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- total administrative expense ratio (0.000%)
- active participants (98)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (147)
- other retired or separated participants entitled to future benefits (45)
- retired or separated participants receiving benefits (4)
- total participants (147)
Global References