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Benchmarking SL America 401(K) Retirement Plan in Clinton, TN against all plans

 

SL America 401(K) Retirement Plan in Clinton, TN has the 9th-lowest total administrative expense per participant ($16.95) of the 77 plans within 50 miles. That $16.95 compares to an average of $194.03 across those 77 plans.

Beating the average of $194.03 means a decrease of $228,959 in total administrative expenses.

Note: total administrative expense per participant =
total administrative expenses รท total participants

SL America 401(K) Retirement Plan has these standings among those 77 peer plans:

  • total administrative expense per participant = $16.95 (9th-lowest)

  • total administrative expenses = $21,914 (18th-lowest)

  • total participants = 1,293 (7th-most)

Visualize

 
 

Peers

beat out by Edgewater Technical Associates, LLC 401(K) Plan in Oak Ridge, TN ($0.00), Edfinancial Services, LLC 401(K) Plan in Knoxville, TN ($0.49), Commercial Bancgroup, Inc. Retirement Savings Plan in Harrogate, TN ($6.50), and Fairfield Glade Community Club Retirement Plan in Fairfield Glade, TN ($6.64), and 4 others, ending with Jewelry Television Asset Accumulation 401(K) Plan in Knoxville, TN ($15.79).

beat Y-12 Federal Credit Union 401(K) Plan and Trust in Oak Ridge, TN ($17.53), Team Technologies 401(K) Savings and Retirement Plan in Morristown, TN ($21.15), MVP, Inc. 401(K) Savings Plan and Trust in Knoxville, TN ($22.69), and Mastercraft Boat Company, Inc. 401k Plan in Vonore, TN ($24.28), and 64 others, ending with Premier Surgical Associates, PLLC 401(K) Profit Sharing Plan in Knoxville, TN ($837.31).

References

  1. total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, or separated participants who are still living, plus deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the number of total assets must be at least $50,000. 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. within 50 miles.

    • The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
    • In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.

    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.