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Benchmarking The Soundcoat Company, Inc. Employees Profit in Deer Park, NY against all plans

 

The Soundcoat Company, Inc. Employees Profit in Deer Park, NY has the 3rd-highest net income per total participant ($18,663) of the 28 New York plans whose industry group is Other Miscellaneous Manufacturing. That $18,663 compares to an average of $9,356 across those 28 plans.

Beating the average of $9,356 means an extra $1,144,670 in net income.

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

The Soundcoat Company, Inc. Employees Profit has these standings among those 28 peer plans:

  • net income per total participant = $18,663 (3rd-highest)

  • net income = $2,295,517 (14th-highest)

  • total participants = 123 (4th-fewest)

Visualize

 
 

Peers

beat out by Seal & Design, Inc. 401(K) Profit Sharing Plan in Clarence, NY ($23,920) and Hudson Scenic Studio, Inc. Tpu Local No.1 Savings Plan in Yonkers, NY ($18,849).

beat Teijin Employees' Savings Plan in New York, NY ($18,205), Buffalo Games, LLC. 401(K) Plan in Buffalo, NY ($15,973), Innovative Concepts In Entertainment, Inc. 401(K) Retirement Plan in Clarence, NY ($14,812), and Schneider Packaging Equipment 401(K) Profit Sharing Plan & Trust in Brewerton, NY ($14,519), and 21 others, ending with Savings Plan for Employees of Steinway Musical Instruments, Inc. and Subsidiaries in Astoria, NY (-$986.10).

References

  1. 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.
  2. 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.
  3. in state. 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.