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Benchmarking EMJ Corporation Employees Profit Sharing Plan in Chattanooga, TN against all plans

 

EMJ Corporation Employees Profit Sharing Plan in Chattanooga, TN has the 4th-highest average participant cash contribution per active participant ($9,349) of the 141 plans in Tennessee that provide for automatic enrollment. That $9,349 compares to an average of $4,630 across those 141 plans.

Beating the average of $4,630 means an extra $1,123,184 in participant cash contributions.

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

EMJ Corporation Employees Profit Sharing Plan has these standings among those 141 peer plans:

  • average participant cash contribution per active participant = $9,349 (4th-highest)

  • cash contributions from participants = $2,225,055 (31st-most)

  • active participants = 238 (58th-fewest)

Visualize

 
 

Peers

beat out by Mahaffey Tent & Awning Co., Inc. 401(K) Profit Sharing Plan in Memphis, TN ($29,633), Revance Therapeutics, Inc. 401(K) P/S Plan in Nashville, TN ($14,647), and Pro2serve 401(K) Plan in Oak Ridge, TN ($11,002).

beat Ena 401(K) Plan in Nashville, TN ($9,077), Universal Lighting Technologies 401(K) Savings Pla in Nashville, TN ($9,069), Southwestern/Great American Inc. Profit Sharing and Employee Savings Plan in Nashville, TN ($8,674), and Infoworks 401(K) Plan in Nashville, TN ($8,530), and 133 others, ending with Dbi Beverage Inc. 401(K) Plan in La Vergne, TN ($0.00).

References

  1. 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.
  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.
  3. in state. 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.