Benchmarking Greystone, Incorporated Profit Sharing & Savings Plan in Lincoln, RI against all plans
Greystone, Incorporated Profit Sharing & Savings Plan in Lincoln, RI has the 7th-lowest total administrative expense per participant ($16.64) of the 90 plans whose industry group is Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing. That $16.64 compares to an average of $209.20 across those 90 plans.
Beating the average of $209.20 means a decrease of $105,714 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Greystone, Incorporated Profit Sharing & Savings Plan has these standings among those 90 peer plans:
Beating the average of $209.20 means a decrease of $105,714 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Greystone, Incorporated Profit Sharing & Savings Plan has these standings among those 90 peer plans:
- total administrative expense per participant = $16.64 (7th-lowest)
- total administrative expenses = $9,137 (19th-lowest)
- total participants = 549 (13th-most)
Visualize
Peers
beat out by Mapal, Inc. Office 401(K) Plan in Port Huron, MI (-$45.97), Cadence Aerospace Precision Machine Works 401(K) Plan for Union Employees in Tacoma, WA (-$36.03), NFM Welding Engineers, Inc. 401(K) Profit Sharing Plan in Massillon, OH ($3.86), and Davis Tool, Inc. Profit Sharing Plan and Trust in Hillsboro, OR ($4.29), and 2 others, ending with Pequot Tool & Mfg., Inc. Employees Savings Trust in Pequot Lakes, MN ($15.87).
beat Capstan Incorporated Tax Favored Savings & Investment Plan in Carson, CA ($18.70), Schrader Bridgeport International, Inc. 401(K) Plan in Altavista, VA ($22.19), KKSP Precision Machining 401(K) Plan in Glendale Heights, IL ($22.61), and Round Ground Metals, Inc. 401(K) Plan & Trust in Hanover Park, IL ($25.19), and 79 others, ending with Herker Industries, Inc. 401k Profit Sharing Plan in Menomonee Falls, WI ($750.59).
beat Capstan Incorporated Tax Favored Savings & Investment Plan in Carson, CA ($18.70), Schrader Bridgeport International, Inc. 401(K) Plan in Altavista, VA ($22.19), KKSP Precision Machining 401(K) Plan in Glendale Heights, IL ($22.61), and Round Ground Metals, Inc. 401(K) Plan & Trust in Hanover Park, IL ($25.19), and 79 others, ending with Herker Industries, Inc. 401k Profit Sharing Plan in Menomonee Falls, WI ($750.59).
References
- 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.
- 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.