Benchmarking Mitchell & Titus, LLP 401(K) Plan in New York, NY against all plans
Mitchell & Titus, LLP 401(K) Plan in New York, NY has the 7th-lowest average employer cash contribution per active participant ($8.20) of the 240 plans whose industry group is Accounting, Tax Preparation, Bookkeeping, and Payroll Services. That $8.20 compares to an average of $3,501 across those 240 plans.
Reaching the average of $3,501 would imply an extra $303,859 in employer cash contributions.
Note: average employer cash contribution per active participant =
cash contributions from employers ÷ active participants
Mitchell & Titus, LLP 401(K) Plan has these standings among those 240 peer plans:
Reaching the average of $3,501 would imply an extra $303,859 in employer cash contributions.
Note: average employer cash contribution per active participant =
cash contributions from employers ÷ active participants
Mitchell & Titus, LLP 401(K) Plan has these standings among those 240 peer plans:
- average employer cash contribution per active participant = $8.20 (7th-lowest)
- cash contributions from employers = $710 (7th-least)
- active participants = 87 (13th-fewest, tied)
Visualize
Peers
better than Soaprojects 401(K) Plan in Mountain View, CA ($0.00), Gursey Schneider LLP 401(K) Plan in Los Angeles, CA ($0.00), Frankel Loughran Starr & Vallone LLP Employee Retirement Plan in Garden City, NY ($0.00), and Ocean State Jobbers, Inc. & Affiliates 401(K) Plan in North Kingstown, RI ($0.00), and 2 others, ending with Grassi & Co. 401(K) Plan in Jericho, NY ($0.02).
trailed Mbo Partners, Inc. Corporate 401k Plan in Ashburn, VA ($70.20), Tri Holdco., Inc. 401(K) Plan in Folsom, CA ($140.20), Peoplease LLC PLC Services, LLC 401(K) Plan in Charleston, SC ($194.70), and Congruity HR Retirement Savings Plan in Winston-Salem, NC ($207.10), and others, ending with Lucas, Horsfall, Murphy & Pindroh, LLP 401(K) Plan in Pasadena, CA ($14,245).
trailed Mbo Partners, Inc. Corporate 401k Plan in Ashburn, VA ($70.20), Tri Holdco., Inc. 401(K) Plan in Folsom, CA ($140.20), Peoplease LLC PLC Services, LLC 401(K) Plan in Charleston, SC ($194.70), and Congruity HR Retirement Savings Plan in Winston-Salem, NC ($207.10), and others, ending with Lucas, Horsfall, Murphy & Pindroh, LLP 401(K) Plan in Pasadena, CA ($14,245).
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-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.
- 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-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.