Benchmarking Fred Smith Plumbing & Heating Co. Inc. 401(K) Profit Sharing Plan in New York, NY against all plans
Fred Smith Plumbing & Heating Co. Inc. 401(K) Profit Sharing Plan in New York, NY has the 8th-highest diversity of asset types (35.9%) among the 341 plans whose industry group is Building Equipment Contractors. That 35.9% compares to an average of 11.3% across those 341 plans.
Fred Smith Plumbing & Heating Co. Inc. 401(K) Profit Sharing Plan has these standings among those 341 peer plans related to asset types (values of zero are not shown):
Fred Smith Plumbing & Heating Co. Inc. 401(K) Profit Sharing Plan has these standings among those 341 peer plans related to asset types (values of zero are not shown):
- diversity of asset types = 35.9% (8th-highest)
- receivables - employer contributions = $300,000 (37th-most)
- receivables - participant contributions = $13,990 (58th-most)
- participant loans = $96,118 (107th-least)
- value of interest in common/collective trusts = $2,663,899 (56th-highest)
- value of interest in pooled separate accounts = $1,416,037 (61st-highest)
- value of interest in registered investment companies (e.g., mutual funds) = $410K (45th-lowest)
- value of funds held in insurance company general account (unallocated contracts) = $7,316,636 (5th-highest)
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Peers
beat out by IBEW Local 1340 Maintenance Employees Retirement Fund 401(K) Profit Sharing Plan and Trust in Hampton, VA (46.1%), B & D Industries, Inc. 401(K) Profit Sharing Plan in Albuquerque, NM (44.4%), Shapiro & Duncan, Inc. Employee 401(K) Plan in Rockville, MD (43.0%), and Benfield Electric Company, Inc. 401(K) Profit Sharing Plan in Aberdeen, MD (40.8%), and 3 others, ending with Ennis Electric Company, Inc. 401(K) Retirement Plan in Manassas, VA (36.1%).
beat City View Electric, Inc. 401(K) Plan in Columbus, MN (35.5%), Lumin8 Transportation Technologies, LLC 401(K) Plan in Arvada, CO (33.3%), Par Plumbing Company, Inc. Retirement Savings Plan in Lynbrook, NY (33.1%), and The Systems Group 401k and Profit Sharing Plan in El Dorado, AR (32.2%), and 329 others, ending with The Blair Companies Retirement Income Plan in Altoona, PA (0.0%).
beat City View Electric, Inc. 401(K) Plan in Columbus, MN (35.5%), Lumin8 Transportation Technologies, LLC 401(K) Plan in Arvada, CO (33.3%), Par Plumbing Company, Inc. Retirement Savings Plan in Lynbrook, NY (33.1%), and The Systems Group 401k and Profit Sharing Plan in El Dorado, AR (32.2%), and 329 others, ending with The Blair Companies Retirement Income Plan in Altoona, PA (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.
- 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.