Benchmarking Tooling Dynamics, LLC Retirement Savings Plan in York, PA against all plans
Tooling Dynamics, LLC Retirement Savings Plan in York, PA has the 3rd-highest yield on beginning-of-plan-year total assets (18.11%) among the 111 plans whose industry group is Other General Purpose Machinery Manufacturing. That 18.11% compares to an average of 14.11% across those 111 plans.
Beating the average of 14.11% means an extra $379,291 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
Tooling Dynamics, LLC Retirement Savings Plan has these standings among those 111 peer plans:
Beating the average of 14.11% means an extra $379,291 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
Tooling Dynamics, LLC Retirement Savings Plan has these standings among those 111 peer plans:
- yield on beginning-of-plan-year total assets = 18.11% (3rd-highest)
- net earnings on investments = $1,718,779 (37th-lowest)
- total assets at beginning of plan year = $9,490,341 (10th-least)
- asset transfers to this plan = $0
- asset transfers from this plan = $0
- cash contributions from participants = $511,514
- cash contributions from employers = $115,209
- total contributions = $807,730
Visualize
Peers
beat out by Carbon Inc. 401(K) Plan in Redwood City, CA (20.93%) and The 401k Savings Plan in Hartford, CT (19.63%).
beat Moridge Manufacturing, Inc. 401(K) Plan in Moundridge, KS (17.72%), Systems Inc. 401k Plan in Germantown, WI (17.60%), Martin Automatic, Inc. 401(K) Plan in Rockford, IL (17.27%), and Afsi Employee Retirement Plan in Champaign, IL (17.02%), and others, ending with Union Special Retirement, Savings and Profit Sharing Plan in Huntley, IL (8.99%).
beat Moridge Manufacturing, Inc. 401(K) Plan in Moundridge, KS (17.72%), Systems Inc. 401k Plan in Germantown, WI (17.60%), Martin Automatic, Inc. 401(K) Plan in Rockford, IL (17.27%), and Afsi Employee Retirement Plan in Champaign, IL (17.02%), and others, ending with Union Special Retirement, Savings and Profit Sharing Plan in Huntley, IL (8.99%).
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.
- 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.