Powered by OnlyBoth

Benchmarking Cole Roofing Co., Inc. Profit Sharing Plan & Trust in Baltimore, MD against all plans

 

Cole Roofing Co., Inc. Profit Sharing Plan & Trust in Baltimore, MD has the 7th-highest average participant cash contribution per active participant ($6,113) of the 58 plans whose industry group is Foundation, Structure, and Building Exterior Contractors. That $6,113 compares to an average of $3,550 across those 58 plans.

Beating the average of $3,550 means an extra $181,979 in participant cash contributions.

Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants

Cole Roofing Co., Inc. Profit Sharing Plan & Trust has these standings among those 58 peer plans:

  • average participant cash contribution per active participant = $6,113 (7th-highest)

  • cash contributions from participants = $434,024 (15th-least)

  • active participants = 71 (the fewest)

Visualize

 
 

Peers

beat out by Yonkers Contracting Company, Inc. Profit Sharing and Incentive Savings Plan in Yonkers, NY ($10,456), Gilsanz Murray Steficek LLP Engineers and Architects 401(K) Plan in New York, NY ($9,286), Joseph J. Albanese, Inc. 401(K) Profit Sharing Plan in Santa Clara, CA ($8,746), and Urethane of Kentuckiana, Inc. 401(K)/Profit Sharing Plan & Trust AGMT in New Albany, IN ($7,640), and 2 others, ending with D. C. Taylor Co. Savings Plan in Cedar Rapids, IA ($6,140).

beat Carl A. Nelson & Company 401(K) Plan in Burlington, IA ($6,061), The Hamlin Companies, Inc. 401(K) Profit Sharing Plan in Garner, NC ($5,932), Orders Construction Company 401(K) Plan in St Albans, WV ($5,831), and Contract Lumber, Inc. Retirement Plan in Pataskala, OH ($4,933), and 47 others, ending with Roofers Local 153 Supplemental Benefit Plan in Seattle, WA ($112.60).

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. average participant cash contribution per active participant. Higher values are better. 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. 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.