Benchmarking E.T. Browne Drug Co., Inc 401(K) Plan in Englewood Cliffs, NJ against all plans
E.T. Browne Drug Co., Inc 401(K) Plan in Englewood Cliffs, NJ has the 12th-highest diversity of asset types (14.5%) among the 83 plans whose industry group is Pharmaceutical and Medicine Manufacturing and don't provide for automatic enrollment. That 14.5% compares to an average of 8.9% across those 83 plans.
E.T. Browne Drug Co., Inc 401(K) Plan has these standings among those 83 peer plans related to asset types (values of zero are not shown):
E.T. Browne Drug Co., Inc 401(K) Plan has these standings among those 83 peer plans related to asset types (values of zero are not shown):
- diversity of asset types = 14.5% (12th-highest)
- participant loans = $308,534 (19th-most)
- value of interest in registered investment companies (e.g., mutual funds) = $20.80M (32nd-highest)
- value of funds held in insurance company general account (unallocated contracts) = $3,284,028 (2nd-highest)
Visualize
Peers
beat out by Sirtex Medical Inc. 401(K) Profit Sharing Plan in Woburn, MA (35.4%), Nittobo America Inc. Savings Plan in Murrieta, CA (35.0%), Pfizer Pharmaceuticals LLC Profit Sharing Employee Savings Plan in Canonsburg, PA (34.5%), and Tersera Therapeutics 401(K) Plan in Deerfield, IL (25.8%), and 7 others, ending with US Worldmeds Ventures, LLC 401k Plan in Louisville, KY (14.7%).
beat Bimeda, Inc. 401(K) Retirement Plan in Oakbrook Terrace, IL (13.5%), Pai Holdings, LLC 401(K) Plan in Greenville, SC (13.4%), Coherus Biosciences, Inc. 401k Plan in Redwood City, CA (12.9%), and Piping Rock 401(K) Plan in Bohemia, NY (12.8%), and 67 others, ending with Nomax Group 401(K) Profit Sharing Plan in St. Louis, MO (0.0%).
beat Bimeda, Inc. 401(K) Retirement Plan in Oakbrook Terrace, IL (13.5%), Pai Holdings, LLC 401(K) Plan in Greenville, SC (13.4%), Coherus Biosciences, Inc. 401k Plan in Redwood City, CA (12.9%), and Piping Rock 401(K) Plan in Bohemia, NY (12.8%), and 67 others, ending with Nomax Group 401(K) Profit Sharing Plan in St. Louis, MO (0.0%).
References
- diversity of asset types. Higher values are better. The diversity of asset types is calculated by taking the mathematical entropy of the 24 dollar values for the 24 asset types, after excluding negative asset values, then dividing by 4.584962 (which is the maximum possible entropy of 24 numeric quantities), and multiplying by 100 to obtain a percentage whose potential range is 0% to 100%. Mathematical entropy is a way to measure the balance among a group of numeric values; maximum entropy is when all the values are equal and nonzero. 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.
- 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.
- 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.