Powered by OnlyBoth

Benchmarking The Stebbins Engineering and Manufacturing Company Profit Sharing Plan in Watertown, NY against all plans

 

The Stebbins Engineering and Manufacturing Company Profit Sharing Plan in Watertown, NY has the 9th-highest total administrative expense per participant ($1,270) of the 4,215 Mid-Atlantic plans. That $1,270 compares to an average of $191.15 across those 4,215 plans.

Reaching the average of $191.15 would imply a decrease of $100,360 in total administrative expenses.

Note: total administrative expense per participant =
total administrative expenses รท total participants

The Stebbins Engineering and Manufacturing Company Profit Sharing Plan has these standings among those 4,215 peer plans:

  • total administrative expense per participant = $1,270 (9th-highest)

  • total administrative expenses = $118,137 (433rd-highest)

  • total participants = 93 (17th-fewest, tied)

Visualize

 
 

Peers

better than Hinman, Howard & Kattell, LLP Profit Sharing Plan and Trust No. 2 in Binghamton, NY ($15,926), Consarc Corp Profit Sharing Trust in Rancocas, NJ ($1,749), Associates In Anesthesia, Inc. 401(K) Plan in Upland, PA ($1,743), and Wilmorite Management Group, LLC 401(K) Plan in Rochester, NY ($1,505), and 4 others, ending with Meyer, Suozzi, English & Klein, P.C. 401(K) Plan in Garden City, NY ($1,281).

exceeded Pietragallo Gordon Alfano Bosick & Raspanti, LLP Salary Reduction Profit Sharing Plan in Pittsburgh, PA ($1,242), Richard A. Alaimo Associates Savings and Investment Plan in Mount Holly, NJ ($1,233), The Ruskin Moscou Faltischek, P.C. 401(K) Retirement Plan in Uniondale, NY ($1,178), and Ronald R. Reed MD, P.C. 401k Plan in Pittsford, NY ($1,169), and others, ending with Lera Consulting Structural Engineers, R.L.L.P. Salary Reduction Profit Sharing Plan in New York, NY (-$436.11).

References

  1. 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.
  2. total administrative expense per participant. Lower values are better. 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). To qualify for total administrative expense per participant, 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.