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Benchmarking Carolton Hospital Employee Profit Sharing Plan in Fairfield, CT against all plans

 

Carolton Hospital Employee Profit Sharing Plan in Fairfield, CT has the 7th-highest net income per total participant ($6,340) of the 202 plans whose industry group is Nursing and Residential Care Facilities and don't provide for automatic enrollment. That $6,340 compares to an average of $2,258 across those 202 plans.

Beating the average of $2,258 means an extra $1,020,339 in net income.

But it's still under the median of $9,519 and average of $11,237 across all 336 plans that, like it, are in Connecticut.

Note: net income per total participant = net income ÷ total participants

Carolton Hospital Employee Profit Sharing Plan has these standings among those 202 peer plans:

  • net income per total participant = $6,340 (7th-highest)

  • net income = $1,584,911 (88th-lowest)

  • total participants = 250 (13th-fewest)

Visualize

 
 

Peers

beat out by Maples 401(K) Savings & Retirement Plan in Wrentham, MA ($13,833), Stonegates 401(K) Plan in Greenville, DE ($10,686), Roze Room Hospice 401(K) Profit Sharing Plan in Reseda, CA ($8,611), and Paradise Valley Estates 401(K) Retirement Plan in Fairfield, CA ($8,561), and 2 others, ending with Livewell Alliance, Inc. 401(K) Plan in Plantsville, CT ($6,494).

beat Valley Senior Living Retirement Plan in Grand Forks, ND ($6,150), Syracuse Home Association Retirement Plan in Baldwinsville, NY ($5,926), Kahala Nui 401(K) Plan in Honolulu, HI ($5,901), and Safe Harbor 401(K) Profit Sharing Plan for The Employees of Maryvale in Rosemead, CA ($5,870), and 191 others, ending with Royal Management Corporation Lexington Retirement Savings Plan in Lombard, IL (-$12,784).

References

  1. provide for automatic enrollment. 401(k) plan or 403(b) plan that provides for automatic enrollment in a plan that has elective contributions deducted from payroll. Feature code 2S within Line 8a 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.
  2. 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.
  3. net income per total participant. Higher values are better. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, 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.