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Benchmarking Jackson Tube Service, Inc. 401(K) Plan in Piqua, OH against all plans

 

Jackson Tube Service, Inc. 401(K) Plan in Piqua, OH has the 8th-most participant loans as a percentage of plan assets (3.23%) among the 115 plans within 50 miles. That 3.23% compares to an average of 1.22% across those 115 plans.

Reaching the average of 1.22% would imply a savings of $291,342 in participant loans.

Note: participant loans as a percentage of plan assets =
(100 * participant loans) รท total assets

Jackson Tube Service, Inc. 401(K) Plan has these standings among those 115 peer plans:

  • participant loans as a percentage of plan assets = 3.23% (8th-most)

  • participant loans = $467,995 (23rd-most)

  • total assets = $14,503,095 (35th-least)

Visualize

 
 

Peers

better than Four Seasons Environmental, Inc. 401(K) Plan in Monroe, OH (4.29%), Dayton-Phoenix Group, Inc. Hourly Employees 401(K) Retirement Plan and Trust in Dayton, OH (4.23%), FCC Associates' Retirement Plan in Portland, IN (4.19%), and Premier Forge Group Non-Union 401(K) Plan in Portland, IN (4.06%), and 3 others, ending with G.A. Wintzer & Son Company 401(K) Retirement Savings Plan in Wapakoneta, OH (3.42%).

exceeded Yamada North America Inc. Associates Retirement Plan in South Charleston, OH (3.11%), Rudolph Foods Company, Inc. 401(K) Retirement Plan in Lima, OH (2.99%), Chargeurs Protective Inc 401(K) Profit Sharing Plan & Trust in Troy, OH (2.93%), and Deceuninck North America, Inc. 401(K) Plan in Monroe, OH (2.78%), and 103 others, ending with Frank Miller Lumber Company, Inc. Employees Retirement Plan in Union City, IN (0.00%).

References

  1. 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-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. within 50 miles.

    • The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
    • In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.

    Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.