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Benchmarking Par Plumbing Company, Inc. Retirement Savings Plan in Lynbrook, NY against all plans

 

Par Plumbing Company, Inc. Retirement Savings Plan in Lynbrook, NY has the 7th-highest average participant cash contribution per active participant ($8,503) of the 64 plans in the Mid Atlantic whose industry group is Building Equipment Contractors. That $8,503 compares to an average of $5,142 across those 64 plans.

Beating the average of $5,142 means an extra $376,430 in participant cash contributions.

Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants

Par Plumbing Company, Inc. Retirement Savings Plan has these standings among those 64 peer plans:

  • average participant cash contribution per active participant = $8,503 (7th-highest)

  • cash contributions from participants = $952,291 (27th-most)

  • active participants = 112 (13th-fewest, tied)

Visualize

 
 

Peers

beat out by McClure Company Profit Sharing Plan in Harrisburg, PA ($10,168), Hatzel & Buehler, Inc. Irc 401(K) Plan in Wilmington, DE ($9,363), Boland Enterprises Profit Sharing 401(K) Plan - BTS in Gaithersburg, MD ($9,158), and Mona Electric Group, Inc. 401(K) Retirement Plan in Clinton, MD ($9,031), and 2 others, ending with Tap & Affiliates 401(K) Plan in Holbrook, NY ($8,510).

beat McCarl's LLC Retirement Savings Plan in Beaver Falls, PA ($8,358), BP Air Conditioning Corp. 401(K) Plan in Glendale, NY ($7,810), Nouveau Elevator Industries 401(K) Profit Sharing Plan in Long Island City, NY ($7,583), and Chesapeake Systems, LLC 401(K) Plan in Sparks, MD ($7,552), and 53 others, ending with Fred Smith Plumbing & Heating Co. Inc. 401(K) Profit Sharing Plan in New York, NY ($1,567).

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. average participant cash contribution per active participant. Higher values are better. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), 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.
  3. in region. The 9 regions with their corresponding states or other geographic entities are: New England (CT ME MA NH RI VT), Mid Atlantic (DE DC MD NJ NY PA), Great Lakes (IL IN MI OH WI), Plains (IA KS MN MO NE ND SD), Southeast (AL AR FL GA KY LA MS NC SC TN VA WV), Southwest (AZ NM OK TX), Rocky Mountains (CO ID MT UT WY), Far West (AK CA HI NV OR WA), and Outlying Areas (VI PR GU AS MP). 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.