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Benchmarking Kee Safety, Inc. Retirement Plan in Buffalo, NY against all plans

 

Kee Safety, Inc. Retirement Plan in Buffalo, NY has the 11th-highest average employer cash contribution per active participant ($3,159) of the 47 plans whose industry group is Metal and Mineral (except Petroleum) Merchant Wholesalers. That $3,159 compares to an average of $2,825 across those 47 plans.

Beating the average of $2,825 means an extra $56,756 in employer cash contributions.

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

Kee Safety, Inc. Retirement Plan has these standings among those 47 peer plans:

  • average employer cash contribution per active participant = $3,159 (11th-highest)

  • cash contributions from employers = $537,051 (17th-most)

  • active participants = 170 (24th-most)

Visualize

 
 

Peers

beat out by Tsi Profit Sharing and Thrift Plan in Bridgeton, MO ($13,093), MST Steel Corporation Salary Savings 401(K) Profit Sharing Plan in Warren, MI ($12,613), Harbor Group Incorporated Profit Sharing 401(K) Plan in Muskegon, MI ($12,202), and Consolidated 401(K) and Profit Sharing Plan in Willmar, MN ($6,633), and 6 others, ending with Duferco Steel, Inc. Savings Plan in Matawan, NJ ($3,490).

beat Saginaw Pipe Co., Inc. 401(K) Plan in Saginaw, AL ($3,153), Miami Valley Steel Service, Inc. 401(K) Plan in Piqua, OH ($3,128), B & B Surplus, Inc. 401(K) Profit Sharing Plan in Bakersfield, CA ($2,894), and Wisconsin Steel and Tube Corporation Profit Sharing Plan in Milwaukee, WI ($2,788), and 32 others, ending with Cincinnati Tool Steel Company Profit Sharing and 401(K) Plan in Rockford, IL ($0.00).

References

  1. average employer cash contribution per active participant. Higher values are better. Average employer cash contribution per active participant equals cash contributions from employers, Line 2a(1)(A) 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.
  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.