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Benchmarking Pulse Technologies, Inc. 401(K) Plan in Quakertown, PA against all plans

 

Pulse Technologies, Inc. 401(K) Plan in Quakertown, PA has the 12th-least in total contributions ($893,061) of the 95 plans whose industry group is Medical Equipment and Supplies Manufacturing, are covered by a fidelity bond, an ERISA section 404(c) plan, and have 100 to 499 total participants. Those $893,061 compare to an average of $2,103,310 across the 95 plans.

Note: total contributions =
cash contributions from participants + cash contributions from employers + etc.

Pulse Technologies, Inc. 401(K) Plan has these standings among those 95 peer plans:

  • total contributions = $893,061 (12th-least)

  • cash contributions from participants = $761,152 (20th-least)

  • cash contributions from employers = $94,344 (9th-least)

Visualize

 
 

Peers

outdone by Clark Laboratories Inc. 401(K) Profit Sharing Plan in Jamestown, NY ($371,480), Orthoamerica Holdings, LLC Employee Savings Plan in Franklin, IN ($373,591), Utah Medical Products, Inc. 401(K) Retirement Plan in Midvale, UT ($475,500), and Allied Healthcare Products, Inc. Retirement Income Savings Plan in St. Louis, MO ($517,939), and 7 others, ending with Boston Brace International, Inc. 401(K) Plan in Avon, MA ($846,601).

outdid Dornier Medtech America, Inc. 401(K) Plan in Kennesaw, GA ($988,525), Showa Best Glove Inc 401(K) Plan in Menlo, GA ($1,054,475), Sarstedt Inc. Retirement Plan in Newton, NC ($1,055,283), and Encompass Group, LLC 401k Retirement Plan in McDonough, GA ($1,060,048), and 79 others, ending with Reflexion Medical Retirement Trust in Hayward, CA ($6,628,934).

References

  1. an ERISA section 404(c) plan. An “ERISA section 404(c) Plan” is an individual account plan described in section 3(34) of the Act that: (i) provides an opportunity for a participant or beneficiary to exercise control over assets in his individual account, and (ii) provides a participant or beneficiary an opportunity to choose, from a broad range of investment alternatives, the manner in which some or all of the assets in his account are invested. Feature code 2F 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. covered by a fidelity bond. A 'yes' value is good. Line 4e from Schedule H. A plan is covered by a fidelity bond only if the plan itself (as opposed to the plan sponsor or administrator) is a named insured under a fidelity bond from an approved surety covering plan officials and that protects the plan from losses due to fraud or dishonesty as described in 29 CFR Part 2580. Generally, every plan official of an employee benefit plan who ‘‘handles’’ funds or other property of such plan must be bonded. Generally, a person shall be deemed to be ‘‘handling’’ funds or other property of a plan, so as to require bonding, whenever his or her duties or activities with respect to given funds are such that there is a risk that such funds could be lost in the event of fraud or dishonesty on the part of such person, acting either alone or in collusion with others. 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.
  4. total contributions. Total contributions, the sum of lines 2a(1)(A), (B), (C) - all cash contributions from employers, participants, and others - and line 2a(2) - noncash - giving Line 2a(3) from Schedule H. 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.
  5. total participants bracket. We partitioned total participants into eight brackets: 0-9, 10-24, 25-49, 50-99, 100-499, 500-999, 1000-4999, 5000-24999, and 25000 or more. 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.