Benchmarking Industrial and Commercial Bank of China Financial Services LLC in New York, NY against all plans
Industrial and Commercial Bank of China Financial Services LLC in New York, NY has the highest average employer cash contribution per active participant ($18,385) of all the 69 plans whose industry group is Securities and Commodity Contracts Intermediation and Brokerage. That $18,385 compares to an average of $3,526 across those 69 plans.
Beating the average of $3,526 means an extra $1,411,638 in employer cash contributions.
Note: average employer cash contribution per active participant =
cash contributions from employers ÷ active participants
Industrial and Commercial Bank of China Financial Services LLC has these standings among those 69 peer plans:
Beating the average of $3,526 means an extra $1,411,638 in employer cash contributions.
Note: average employer cash contribution per active participant =
cash contributions from employers ÷ active participants
Industrial and Commercial Bank of China Financial Services LLC has these standings among those 69 peer plans:
- average employer cash contribution per active participant = $18,385 (the highest)
- cash contributions from employers = $1,746,581 (3rd-most)
- active participants = 95 (13th-fewest)
Visualize
Peers
beat Traxys North America LLC 401(K) and Profit Sharing Plan in New York, NY ($17,410), Tradelink LLC 401(K) Profit Sharing Plan in Chicago, IL ($15,166), CLSA Americas, LLC 401(K) Savings Plan in New York, NY ($12,005), and Gunvor USA, LLC 401(K) Plan in Houston, TX ($11,145), and 64 others, ending with Multi-Bank Services, Ltd. 401(K) Plan in Southfield, MI ($0.00).
References
- average employer cash contribution per active participant. Higher values are better. Average employer cash contribution per active participant equals cash contributions from employers, Line 2a(1)(A) 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.
- 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.