Bettis Asphalt & Construction Inc 401(K) & Profit Sharing Plan in Topeka, KS has the 7th-lowest total administrative expense per participant ($9.61) of the 132 plans in the Plains whose economic sector is Construction. That $9.61 compares to an average of $242.20 across those 132 plans.
Beating the average of $242.20 means a decrease of $33,725 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Bettis Asphalt & Construction Inc 401(K) & Profit Sharing Plan has these standings
among those 132 peer plans:
- total administrative expense per participant = $9.61 (7th-lowest)
- total administrative expenses = $1,394 (6th-lowest)
- total participants = 145 (19th-fewest)
Visualize
Only Bettis Asphalt & Construction Inc 401(K) & Profit Sharing Plan in Topeka, KS is in that area
Bettis Asphalt & Construction Inc 401(K) & Profit Sharing Plan in Topeka, KS has the 7th-lowest total administrative expense per participant ($9.61) of the 132 plans in the Plains whose economic sector is Construction. That $9.61 compares to an average of $242.20 and standard deviation of $188.10 across those 132 plans.
Peers
beat out by Commonwealth Electric Co. of the Midwest, Inc. 401(K) Plan in Lincoln, NE ($0.00), Met-Con Companies 401(K) Plan in Faribault, MN ($1.00), The Law Company, Inc. 401(K) Retirement Plan in Wichita, KS ($2.29), and Road Safety Services 401(K) Plan in Omaha, NE ($2.61), and 2 others, ending with Fagen, Inc. 401(K) Plan in Granite Falls, MN ($9.49).
beat SKL, Inc. dba Home Heating & Plumbing and Home & Hearth 401(K) Plan in Fargo, ND ($9.95), Young Plumbing & Heating Co. Profit Sharing Plan in Waterloo, IA ($12.93), Sak Construction, LLC and Subsidiaries 401(K) Plan in Ofallon, MO ($14.85), and Omni Workspace Company LLC 401(K) Plan in Minneapolis, MN ($15.35), and 121 others, ending with Modern Companies, Inc. Profit Sharing 401(K) Plan in Cedar Rapids, IA ($1,286).
References
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whose economic sector is. The economic sector is the first two 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.
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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.
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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.