Benchmarking Simcorp USA Inc. 401(K) Plan in New York, NY against all plans
Simcorp USA Inc. 401(K) Plan in New York, NY has the least participant loans as a percentage of plan assets (0.00%) among the 56 plans in the Mid Atlantic whose industry group is Other Financial Investment Activities. That 0.00% compares to an average of 0.49% across those 56 plans.
Beating the average of 0.49% means a savings of $112,855 in participant loans.
Note: participant loans as a percentage of plan assets =
(100 * participant loans) ÷ total assets
Simcorp USA Inc. 401(K) Plan has these standings among those 56 peer plans:
Beating the average of 0.49% means a savings of $112,855 in participant loans.
Note: participant loans as a percentage of plan assets =
(100 * participant loans) ÷ total assets
Simcorp USA Inc. 401(K) Plan has these standings among those 56 peer plans:
- participant loans as a percentage of plan assets = 0.00% (the least, tied)
- participant loans = $0 (the least in, tied)
- total assets = $22,833,659 (18th-least)
Visualize
Peers
tied with Tiger Management L.L.C. 401(K) Profit Sharing Plan in New York, NY, Pointstate Capital L.P. Profit Sharing Plan in New York, NY, and Marathon Asset Management, LP 401(K) Plan in New York, NY, all with 0.00%.
beat Bluecrest USA GP, LLC 401(K) Plan in New York, NY (0.03%), Anchorage Capital Group, LLC 401(K) Plan in New York, NY (0.08%), Marshall Wace North America LP 401(K) Profit Sharing & Trust in New York, NY (0.09%), and Glenview Capital Management LLC Profit Sharing Trust in New York, NY (0.09%), and 48 others, ending with American Portfolios Holdings, Inc. 401(K) Plan in Holbrook, NY (1.93%).
beat Bluecrest USA GP, LLC 401(K) Plan in New York, NY (0.03%), Anchorage Capital Group, LLC 401(K) Plan in New York, NY (0.08%), Marshall Wace North America LP 401(K) Profit Sharing & Trust in New York, NY (0.09%), and Glenview Capital Management LLC Profit Sharing Trust in New York, NY (0.09%), and 48 others, ending with American Portfolios Holdings, Inc. 401(K) Plan in Holbrook, NY (1.93%).
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.
- participant loans as a percentage of plan assets. Lower values are better. Participant loans as a percentage of plan assets equals participant loans, Line 1c(8) from Schedule H, divided by total assets, Line 1f(b) from Schedule H, times 100. A high value may indicate excessive borrowing from participants' retirement accounts. To qualify for participant loans as a percentage of plan assets, 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.
- 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.