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Benchmarking The Bosworth Company Employees Thrift Plan in Midland, TX against all plans

 

The Bosworth Company Employees Thrift Plan in Midland, TX has the 4th-highest diversity of asset types (15.4%) among the 24 plans within 50 miles. That 15.4% compares to an average of 10.1% across those 24 plans.

The Bosworth Company Employees Thrift Plan has these standings among those 24 peer plans related to asset types (values of zero are not shown):

  • diversity of asset types = 15.4% (4th-highest)

  • interest-bearing cash (e.g., money market accounts, certificates of deposit) = $11,211 (8th-most)

  • corporate common stocks (other than employer securities) = $219,376 (2nd-most)

  • value of interest in registered investment companies (e.g., mutual funds) = $18.00M (10th-highest)

  • value of funds held in insurance company general account (unallocated contracts) = $2,870,390 (the highest)

  • other general investments = $112,886 (the most)

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Peers

beat out by Community National Bank 401k Plan in Midland, TX (32.1%), Crownquest 401(K) Plan in Midland, TX (22.2%), and Saulsbury Industries, Inc. Employee 401(K) Plan in Odessa, TX (16.5%).

beat Midland Health Mep 401(K) Plan in Midland, TX (15.1%), Reliance Energy 401k Plan in Midland, TX (14.7%), Rogers Ford Sales, Inc. 401(K) Plan in Midland, TX (13.7%), and KV Power 401(K) & Profit Sharing Plan in Andrews, TX (12.0%), and 16 others, ending with J & W Services & Equipment Company 401k Plan in Midland, TX (0.0%).

References

  1. diversity of asset types. Higher values are better. The diversity of asset types is calculated by taking the mathematical entropy of the 24 dollar values for the 24 asset types, after excluding negative asset values, then dividing by 4.584962 (which is the maximum possible entropy of 24 numeric quantities), and multiplying by 100 to obtain a percentage whose potential range is 0% to 100%. Mathematical entropy is a way to measure the balance among a group of numeric values; maximum entropy is when all the values are equal and nonzero. 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.