Plans » Benchmarking Engine
Benchmarking LBC Investment and Retirement Plan in Houston, TX against
good (5)
neutral (5)
LBC Investment and Retirement Plan in Houston, TX has the 8th-most in total assets ($47,840,287) of the 327 plans in the Southwest that are better than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant. Those $47,840,287 compare to an average of $28,696,494 across the 327 plans.
LBC Investment and Retirement Plan has these standings among those 327 peer plans plus nationwide comparisons:
LBC Investment and Retirement Plan has these standings among those 327 peer plans plus nationwide comparisons:
- net income per total participant = $4,157 (36th-lowest)
the nationwide average is $9,660 - average account balance = $171,471 (83rd-highest)
the nationwide average is $80,169 - average participant cash contribution per active participant = $9,751 (119th-highest)
the nationwide average is $5,898 - average employer cash contribution per active participant = $8,217 (73rd-highest)
the nationwide average is $2,765 - total administrative expense per participant = $731.06 (10th-highest)
the nationwide average is $185.18
- are better than the overall participant averages in. Bigger sets are better. (1) The average nationwide value of net income per total participant is $9,660, so better is above that. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, Line 6f of Form 5500. (2) The average nationwide value of average account balance is $80,169, so better is above that. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. (3) The average nationwide value of active-participant contributions per head (average participant cash contribution per active participant) is $5,898, so better is above that. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. (4) The average nationwide value of employer contributions per active participant (average employer cash contribution per active participant) is $2,765, so better is above that. Average employer cash contribution per active participant equals cash contributions from employers, Line 2a(1)(A) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. (5) The average nationwide value of total administrative expense per participant is $185.18, so better is below that. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, or separated participants who are still living, plus deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). Some comparison measures have prerequisites that must be satisfied in order to keep their numeric values, otherwise their value becomes N/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.
- 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.
- total assets. At end of plan year. Line 1f(b) from Schedule H. 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.
LBC Investment and Retirement Plan in Houston, TX is in Houston, TX, its EIN is 741920179, its industry group is Warehousing and Storage, 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 493100, has 100 to 499 total participants, is better than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant, and is higher than the overall administrative medians in each of professional fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets ($47,840,287)
- net assets (assets minus liabilities) ($47.80M)
- total assets at beginning of plan year ($46,680,565)
- value of interest in registered investment companies (e.g., mutual funds) ($42.20M)
- total income ($8,421,339)
- total expenses ($7,261,617)
- earnings on investments ($4,378,403)
- net earnings on investments ($4,378,403)
- total contributions ($4,042,936)
- value of interest in common/collective trusts ($3,484,981)
- cash contributions from participants ($2,194,069)
- participant loans ($1,965,588)
- cash contributions from employers ($1,848,867)
- net income ($1,159,722)
- professional fees ($203,965)
- total administrative expenses ($203,965)
- average account balance ($171,471)
- receivables employer contributions ($149,658)
- receivables participant contributions ($84,589)
- average participant cash contribution per active participant ($9,751)
- average employer cash contribution per active participant ($8,217)
- net income per total participant ($4,157)
- total noninterest-bearing cash ($2,206)
- total administrative expense per participant ($731.06)
- 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)
- corrective distributions ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (80.6%)
- diversity of asset types (14.6%)
- yield on beginning-of-plan-year total assets (9.38%)
- participant loans as a percentage of plan assets (4.11%)
- total administrative expense ratio (0.430%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (225)
- deceased participants whose beneficiaries receive or are entitled to benefits (4)
- living participants (275)
- other retired or separated participants entitled to future benefits (50)
- retired or separated participants receiving benefits (0)
- total participants (279)
Global References