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Benchmarking Ima North America, Inc. 401(K) Retirement Plan in Leominster, MA against all plans

 

Ima North America, Inc. 401(K) Retirement Plan in Leominster, MA has the highest net income per total participant ($41,798) of all the 25 plans whose industry group is Commercial and Service Industry Machinery Manufacturing. That $41,798 compares to an average of $13,999 across those 25 plans.

Beating the average of $13,999 means an extra $4,670,244 in net income.

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

Ima North America, Inc. 401(K) Retirement Plan has these standings among those 25 peer plans:

  • net income per total participant = $41,798 (the highest)

  • net income = $7,022,039 (4th-highest)

  • total participants = 168 (6th-fewest, tied)

Visualize

 
 

Peers

beat Syntegon Technology Retirement Savings Plan in Minneapolis, MN ($32,274), Heat Transfer Research, Inc. 401(K) Plan in Navasota, TX ($32,085), Bekum America Corporation Savings & Protection Plan in Williamston, MI ($30,570), and Alert Innovation 401(K) Plan in North Billerica, MA ($19,925), and 20 others, ending with Time Manufacturing Company 401(K) Plan in Waco, TX ($4,008).

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.