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Benchmarking Admiral Metals 401(K) Plan in Woburn, MA against all plans

 

Admiral Metals 401(K) Plan in Woburn, MA has the 12th-highest net income per total participant ($13,428) of the 47 plans whose industry group is Metal and Mineral (except Petroleum) Merchant Wholesalers. That $13,428 compares to an average of $7,839 across those 47 plans.

Beating the average of $7,839 means an extra $1,218,458 in net income.

Note: net income per total participant = net income ÷ total participants

Admiral Metals 401(K) Plan has these standings among those 47 peer plans:

  • net income per total participant = $13,428 (12th-highest)

  • net income = $2,927,347 (13th-highest)

  • total participants = 218 (24th-most)

Visualize

 
 

Peers

beat out by Saginaw Pipe Co., Inc. 401(K) Plan in Saginaw, AL ($21,856), Miami Valley Steel Service, Inc. 401(K) Plan in Piqua, OH ($21,244), Cincinnati Tool Steel Company Profit Sharing and 401(K) Plan in Rockford, IL ($18,955), and MST Steel Corporation Salary Savings 401(K) Profit Sharing Plan in Warren, MI ($17,422), and 7 others, ending with Swiss Steel USA, Inc. 401k Plan in Carol Stream, IL ($13,741).

beat Boyd Metals, Inc. 401(K) Profit Sharing Plan & Trust in Ft. Smith, AR ($13,004), B & B Surplus, Inc. 401(K) Profit Sharing Plan in Bakersfield, CA ($12,382), Huron Valley Steel Corporation 401(K) Plan in Trenton, MI ($12,154), and Consolidated 401(K) and Profit Sharing Plan in Willmar, MN ($12,052), and 31 others, ending with Duferco Steel, Inc. Savings Plan in Matawan, NJ (-$9,311).

References

  1. 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.
  2. net income per total participant. Higher values are better. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, Line 6f 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.