Benchmarking Marshall Industrial Technologies Savings & Retirement Plan in Trenton, NJ against all plans
Marshall Industrial Technologies Savings & Retirement Plan in Trenton, NJ has the lowest yield on beginning-of-plan-year total assets (-0.27%) among the 13,074 plans with at least $7,076 in net income per total participant (Marshall Industrial Technologies Savings & Retirement Plan is at $15,332).
That is, among those 13,074 plans that do well on one measure, Marshall Industrial Technologies Savings & Retirement Plan does least well on a related measure. That -0.27% compares to an average of 14.86% across those 13,074 plans.
Reaching the average of 14.86% would imply an extra $1,964,091 in net earnings on investments.
Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) รท total assets at beginning of plan year
Marshall Industrial Technologies Savings & Retirement Plan has these standings among those 13,074 peer plans:
That is, among those 13,074 plans that do well on one measure, Marshall Industrial Technologies Savings & Retirement Plan does least well on a related measure. That -0.27% compares to an average of 14.86% across those 13,074 plans.
Reaching the average of 14.86% would imply an extra $1,964,091 in net earnings on investments.
Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) รท total assets at beginning of plan year
Marshall Industrial Technologies Savings & Retirement Plan has these standings among those 13,074 peer plans:
- yield on beginning-of-plan-year total assets = -0.27% (the lowest)
- net earnings on investments = -$34,554 (4th-lowest)
- total assets at beginning of plan year = $12,978,918 (3,715th-least)
- asset transfers to this plan = $0
- asset transfers from this plan = $0
- cash contributions from participants = $494,963
- cash contributions from employers = $0
- total contributions = $494,963
Visualize
Peers
trailed The CSM Group, Inc. Savings Plan in Kalamazoo, MI (-0.25%), Blue Ridge Orthopaedic Associates, P.C. 401(K) Profit Sharing Plan in Warrenton, VA (-0.20%), Bard Materials 401(K) Plan in Dyersville, IA (-0.19%), and The Envent Corporation Profit Sharing Plan in Long Beach, CA (-0.07%), and others, ending with Caven Enterprises, Incorporated Employees' Ownership Plan in Dallas, TX (308.92%).
Taking Action
Read the article A Unique Way to Get Others to Improve to understand the reasoning underlying such benchmarking insights.
References
- 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.
- yield on beginning-of-plan-year total assets. Higher values are better. To qualify, the total assets at the beginning of the plan year must be above zero, and either (1) both the asset transfers to the plan and asset transfers from the plan during the plan year must be zero, or (2) the sum of the absolute values of both asset transfers must be less than 1% of the total assets at the beginning of the plan year. If it qualifies, the yield on beginning-of-plan-year total assets (as a percentage) equals net earnings on investments divided by total assets at the beginning of the plan year, times 100. The above quantities are all from Schedule H: Assets transfer to the plan is Line 2l(1). Assets transfer from the plan is Line 2l(2). Net earnings on investments is the sum of the ten column (b) entries from 2b, minus investment advisory and management fees (Line 2i(3)). Total assets at the beginning of the plan year is Line 1f(a). 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.