Plans » Benchmarking Engine
Benchmarking Cato Institute 401(K) Plan in Washington, DC against
good (5)
Cato Institute 401(K) Plan in Washington, DC has the 9th-highest average account balance ($159,641) of the 81 plans within 50 miles whose industry group is Other Professional, Scientific, and Technical Services. That $159,641 compares to an average of $82,281 across those 81 plans.
Beating the average of $82,281 means an extra $18,875,898 in total assets.
Note: average account balance = total assets ÷ total participants
Cato Institute 401(K) Plan has these standings among those 81 peer plans:
Beating the average of $82,281 means an extra $18,875,898 in total assets.
Note: average account balance = total assets ÷ total participants
Cato Institute 401(K) Plan has these standings among those 81 peer plans:
- average account balance = $159,641 (9th-highest)
- total assets = $38,952,309 (8th-most)
- total participants = 244 (37th-fewest)
beat out by Independent Project Analysis, Inc. 401(K) Plan in Ashburn, VA ($282,171), Conference of State Bank Supervisors Safe Harbor 401k Plan in Washington, DC ($241,370), RLJ Lodging Trust, L.P. 401(K) Plan in Bethesda, MD ($215,303), and National Fish & Wildlife Tax Deferred Retirement Plan in Washington, DC ($210,157), and 4 others, ending with Albright Stonebridge Group, LLC Profit Sharing Plan in Washington, DC ($160,520).
beat United Association General Officers and Employees 401(K) Plan in Annapolis, MD ($143,109), The Avascent Group 401(K) Plan in Washington, DC ($142,844), Nathan Associates Inc. 401(K) Savings Plan in Arlington, VA ($124,872), and Intelligenesis 401(K) Plan in Columbia, MD ($124,494), and 68 others, ending with Learn It Systems, LLC 401(K) Plan in Baltimore, MD ($6,885).
beat United Association General Officers and Employees 401(K) Plan in Annapolis, MD ($143,109), The Avascent Group 401(K) Plan in Washington, DC ($142,844), Nathan Associates Inc. 401(K) Savings Plan in Arlington, VA ($124,872), and Intelligenesis 401(K) Plan in Columbia, MD ($124,494), and 68 others, ending with Learn It Systems, LLC 401(K) Plan in Baltimore, MD ($6,885).
- 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 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.
-
within 50 miles.
- The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
- In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.
Cato Institute 401(K) Plan in Washington, DC is in Washington, DC, its EIN is 237432162, its industry group is Other Professional, Scientific, and Technical Services, its plan administrator is Marissa Delgado, 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 541990, 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, and yield on beginning-of-plan-year total assets (4 total), is better 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, and total administrative expenses.
Global References
Numeric values:
- net assets (assets minus liabilities) ($39.00M)
- total assets ($38,952,309)
- value of interest in registered investment companies (e.g., mutual funds) ($36.20M)
- total assets at beginning of plan year ($32,709,647)
- total income ($7,996,972)
- net income ($6,242,662)
- earnings on investments ($5,757,621)
- net earnings on investments ($5,747,788)
- value of funds held in insurance company general account (unallocated contracts) ($2,615,162)
- total contributions ($2,239,351)
- total expenses ($1,754,310)
- cash contributions from participants ($1,218,931)
- cash contributions from employers ($792,294)
- participant loans ($183,805)
- average account balance ($159,641)
- total administrative expenses ($65,424)
- contract administrator fees ($55,591)
- net income per total participant ($25,585)
- investment advisory and management fees ($9,833)
- average participant cash contribution per active participant ($7,524)
- average employer cash contribution per active participant ($4,891)
- total administrative expense per participant ($268.13)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($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 pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($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 (66.4%)
- yield on beginning-of-plan-year total assets (17.57%)
- diversity of asset types (8.7%)
- participant loans as a percentage of plan assets (0.47%)
- total administrative expense ratio (0.170%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (162)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (244)
- other retired or separated participants entitled to future benefits (70)
- retired or separated participants receiving benefits (12)
- total participants (244)
Global References