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Benchmarking Percontee, Inc./Chantilly Crushed Stone, Inc. Profit Sharing Plan in Silver Spring, MD against all plans

 

Percontee, Inc./Chantilly Crushed Stone, Inc. Profit Sharing Plan in Silver Spring, MD has the 12th-lowest yield on beginning-of-plan-year total assets (11.69%) among the 45 plans whose industry group is Nonmetallic Mineral Mining and Quarrying. That 11.69% compares to an average of 13.05% across those 45 plans.

Reaching the average of 13.05% would imply an extra $229,197 in net earnings on investments.

Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) ÷ total assets at beginning of plan year

Percontee, Inc./Chantilly Crushed Stone, Inc. Profit Sharing Plan has these standings among those 45 peer plans:

  • yield on beginning-of-plan-year total assets = 11.69% (12th-lowest)

  • net earnings on investments = $1,963,824 (17th-lowest)

  • total assets at beginning of plan year = $16,792,445 (21st-least)

and these values satisfy the maximum allowed for calculating yield from beginning assets:

  • asset transfers to this plan = $0

  • asset transfers from this plan = $0

and these values provide further relevant context:

  • cash contributions from participants = $604,237

  • cash contributions from employers = $828,877

  • total contributions = $1,433,114

Visualize

 
 

Peers

better than Dan Gernatt Gravel Products, Incorporated Savings and Security Plan in Collins, NY (9.03%), The Barton Group 401(K) Plan in Glens Falls, NY (9.88%), Iowa Limestone Company Profit Sharing Plan in Urbandale, IA (9.97%), and Tresca Brothers Sand and Gravel, Inc. Profit Sharing 401(K) Plan in Millis, MA (10.05%), and 7 others, ending with Stone Industries, Inc. 401(K) Profit-Sharing Plan in Haledon, NJ (11.51%).

trailed Keystone Lime & Companies 401(K) Plan in Springs, PA (11.74%), Swenson Granite 401(K) Retirement Plan in Graniteville, VT (11.97%), Richwood Industries, Inc. Retirement & 401k Plan in Huntington, WV (12.07%), and B.V. Hedrick Gravel and Sand Company Salary Deferral and Profit Sharing Plan in Salisbury, NC (12.31%), and others, ending with Smart Sand, Inc. Retirement Plan in Eau Claire, WI (16.68%).

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. 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.