Powered by OnlyBoth

Benchmarking Anomatic Corporation Employee Retirement Savings Plan in Newark, OH against all plans

 

Anomatic Corporation Employee Retirement Savings Plan in Newark, OH has the 11th-lowest total administrative expense per participant ($30.13) of the 38 plans whose industry group is Coating, Engraving, Heat Treating, and Allied Activities. That $30.13 compares to an average of $151.75 across those 38 plans.

Beating the average of $151.75 means a decrease of $101,549 in total administrative expenses.

Note: total administrative expense per participant =
total administrative expenses ÷ total participants

Anomatic Corporation Employee Retirement Savings Plan has these standings among those 38 peer plans:

  • total administrative expense per participant = $30.13 (11th-lowest)

  • total administrative expenses = $25,162 (16th-lowest)

  • total participants = 835 (4th-most)

Visualize

 
 

Peers

beat out by Metalplate Galvanizing, L.P. Employee Savings Plan in Birmingham, AL ($1.77), Anoplate Corporation Employees' Deferred Savings and Profit Sharing Plan and Trust in Syracuse, NY ($3.40), ND Industries Inc 401(K) Profit Sharing Plan & Trust in Clawson, MI ($8.30), and Tnemec Company, Inc. 401(K) Savings Plan in North Kansas City, MO ($14.47), and 6 others, ending with Employees' Savings Plan of Madico, Inc. in Pinellas Park, FL ($23.87).

beat BWT LLC 401k Plan in Greenville, SC ($30.52), M.I.L., Inc. 401(K) Plan in Elk Grove, IL ($47.02), Commercial - Curtis Profit Sharing Plan and Trust in Madison Heights, MI ($51.05), and Tax Deferred Savings & Profit Sharing Plan of Specialty Steel Treating, Inc. in Fraser, MI ($56.00), and 23 others, ending with Solar Atmospheres Inc. 401k Profit Sharing Plan in Souderton, PA ($593.29).

References

  1. 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.
  2. 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, separated participants who are still living, and 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-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.