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Benchmarking Michael Page International, Inc. 401k Savings Plan in Stamford, CT against all plans

 

Michael Page International, Inc. 401k Savings Plan in Stamford, CT has the 4th-highest yield on beginning-of-plan-year total assets (17.37%) among the 21 plans in Stamford, CT. That 17.37% compares to an average of 14.62% across those 21 plans.

Beating the average of 14.62% means an extra $450,662 in net earnings on investments.

Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) ÷ total assets at beginning of plan year

Michael Page International, Inc. 401k Savings Plan has these standings among those 21 peer plans:

  • yield on beginning-of-plan-year total assets = 17.37% (4th-highest)

  • net earnings on investments = $2,846,065 (8th-lowest)

  • total assets at beginning of plan year = $16,384,882 (6th-least)

and these values satisfy the maximum allowed for calculating yield from beginning assets:

  • asset transfers to this plan = $0

  • asset transfers from this plan = $0

and these values provide further relevant context:

  • cash contributions from participants = $1,813,208

  • cash contributions from employers = $791,085

  • total contributions = $2,996,130

Visualize

 
 

Peers

beat out by Chilton Investment Company, LLC 401(K) Plan in Stamford, CT (18.39%), The Lockwood Group, LLC 401k Profit Sharing Plan & Trust in Stamford, CT (18.10%), and Gerald Metals LLC & Subsidiaries 401(K) Profit Sharing Plan in Stamford, CT (17.82%).

beat Rizing, LLC 401k Plan in Stamford, CT (17.32%), Six Financial Information USA Inc. Employees 401(K) Savings Plan in Stamford, CT (16.65%), Tigerrisk Partners 401(K) & Profit Sharing Plan in Stamford, CT (15.59%), and Rollease Acmeda, Inc. 401(K) Profit Sharing Plan & Trust in Stamford, CT (15.56%), and 13 others, ending with Riverview Investment Holdings LLC Plan in Stamford, CT (9.16%).

References

  1. in city. Values were kept only if they occurred at least 20 times. 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. yield on beginning-of-plan-year total assets. Higher values are better. To qualify, the total assets at the beginning of the plan year must be above zero, and either (1) both the asset transfers to the plan and asset transfers from the plan during the plan year must be zero, or (2) the sum of the absolute values of both asset transfers must be less than 1% of the total assets at the beginning of the plan year. If it qualifies, the yield on beginning-of-plan-year total assets (as a percentage) equals net earnings on investments divided by total assets at the beginning of the plan year, times 100. The above quantities are all from Schedule H: Assets transfer to the plan is Line 2l(1). Assets transfer from the plan is Line 2l(2). Net earnings on investments is the sum of the ten column (b) entries from 2b, minus investment advisory and management fees (Line 2i(3)). Total assets at the beginning of the plan year is Line 1f(a). 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.