Benchmarking Edelstein & Company Profit Sharing Plan in Boston, MA against all plans
Edelstein & Company Profit Sharing Plan in Boston, MA has the 7th-lowest diversity of asset types (1.8%) among the 188 plans whose industry group is Accounting, Tax Preparation, Bookkeeping, and Payroll Services and don't provide for automatic enrollment. That 1.8% compares to an average of 9.6% across those 188 plans.
Edelstein & Company Profit Sharing Plan has these standings among those 188 peer plans related to asset types (values of zero are not shown):
Edelstein & Company Profit Sharing Plan has these standings among those 188 peer plans related to asset types (values of zero are not shown):
- diversity of asset types = 1.8% (7th-lowest)
- participant loans = $135,960 (88th-most)
- value of interest in registered investment companies (e.g., mutual funds) = $30.80M (44th-highest, tied)
- other general investments = $142,669 (25th-most)
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Peers
better than Kraftcpas PLLC Retirement Savings Plan in Nashville, TN (0.0%), Nichols Cauley & Associates LLC 401k in Dublin, GA (0.1%), Lindquist LLP Retirement Plan in San Ramon, CA (0.5%), and Websterrogers LLP 401(K) Plan & Trust in Florence, SC (1.3%), and 2 others, ending with Dopkins & Company Profit Sharing and Employee Savings Plan in Buffalo, NY (1.6%).
trailed Capin Crouse LLP Savings and Investment Plan in Indianapolis, IN (1.9%), Squire & Company 401(K) Profit Sharing Plan in Orem, UT (1.9%), Resource Management Systems, Inc. Retirement Savings Plan in Greenwood Village, CO (1.9%), and Lanvera, Ltd. 401(K) Plan in Coppell, TX (1.9%), and 177 others, ending with KBKG, Inc. 401(K) Profit Sharing Plan in Pasadena, CA (36.0%).
trailed Capin Crouse LLP Savings and Investment Plan in Indianapolis, IN (1.9%), Squire & Company 401(K) Profit Sharing Plan in Orem, UT (1.9%), Resource Management Systems, Inc. Retirement Savings Plan in Greenwood Village, CO (1.9%), and Lanvera, Ltd. 401(K) Plan in Coppell, TX (1.9%), and 177 others, ending with KBKG, Inc. 401(K) Profit Sharing Plan in Pasadena, CA (36.0%).
References
- diversity of asset types. Higher values are better. The diversity of asset types is calculated by taking the mathematical entropy of the 24 dollar values for the 24 asset types, after excluding negative asset values, then dividing by 4.584962 (which is the maximum possible entropy of 24 numeric quantities), and multiplying by 100 to obtain a percentage whose potential range is 0% to 100%. Mathematical entropy is a way to measure the balance among a group of numeric values; maximum entropy is when all the values are equal and nonzero. 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.
- provide for automatic enrollment. 401(k) plan or 403(b) plan that provides for automatic enrollment in a plan that has elective contributions deducted from payroll. Feature code 2S within Line 8a of 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.