Haynes Furniture Company Retirement Savings Plan in Virginia Beach, VA has the 11th-lowest total administrative expense per participant ($60.38) of the 32 plans in Virginia Beach, VA. That $60.38 compares to an average of $192.70 across those 32 plans.
Beating the average of $192.70 means a decrease of $83,892 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses รท total participants
Haynes Furniture Company Retirement Savings Plan has these standings
among those 32 peer plans:
- total administrative expense per participant = $60.38 (11th-lowest)
- total administrative expenses = $38,283 (10th-lowest)
- total participants = 634 (10th-most)
Visualize
Only Haynes Furniture Company Retirement Savings Plan in Virginia Beach, VA is in that area
Haynes Furniture Company Retirement Savings Plan in Virginia Beach, VA has the 11th-lowest total administrative expense per participant ($60.38) of the 32 plans in Virginia Beach, VA. That $60.38 compares to an average of $192.70 and standard deviation of $218.60 across those 32 plans.
Peers
beat out by KPM, LLC 401(K) Profit Sharing Plan in Virginia Beach, VA ($6.10), Fortis Solutions Group, LLC Retirement Savings Plan in Virginia Beach, VA ($6.11), Urology of Virginia, PLLC 401(K) Profit Sharing Plan in Virginia Beach, VA ($15.42), and Trader Interactive, LLC 401(K) Plan in Virginia Beach, VA ($16.42), and 6 others, ending with Hermes Abrasives, Ltd. Retirement Savings Plan in Virginia Beach, VA ($57.67).
beat Operation Smile 401(K) Plan 004 in Virginia Beach, VA ($64.58), Atlantic Diving Supply 401(K) Profit Sharing Plan & Trust in Virginia Beach, VA ($95.08), Atlantic Dominion Distributors Consolidated Companies 401(K) Retirement Savings Plan in Virginia Beach, VA ($97.97), and Both, Inc. 401 (K) Plan in Virginia Beach, VA ($101.12), and 17 others, ending with Samuel I White, P.C. 401(K) Profit Sharing Plan in Virginia Beach, VA ($1,038).
References
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in city. Values were kept only if they occurred at least 20 times. 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.