Benchmarking Advanced Lubrication Specialties, 401(K) Plan in Bensalem, PA against all plans
Advanced Lubrication Specialties, 401(K) Plan in Bensalem, PA has the 7th-highest average employer cash contribution per active participant ($7,596) of the 64 plans whose industry group is Petroleum and Petroleum Products Merchant Wholesalers. That $7,596 compares to an average of $3,132 across those 64 plans.
Beating the average of $3,132 means an extra $455,318 in employer cash contributions.
Note: average employer cash contribution per active participant =
cash contributions from employers ÷ active participants
Advanced Lubrication Specialties, 401(K) Plan has these standings among those 64 peer plans:
Beating the average of $3,132 means an extra $455,318 in employer cash contributions.
Note: average employer cash contribution per active participant =
cash contributions from employers ÷ active participants
Advanced Lubrication Specialties, 401(K) Plan has these standings among those 64 peer plans:
- average employer cash contribution per active participant = $7,596 (7th-highest)
- cash contributions from employers = $774,764 (25th-most)
- active participants = 102 (4th-fewest)
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Peers
beat out by Mercuria Energy America, LLC 401(K) Plan in Houston, TX ($12,368), Texon L.P. 401(K) Plan in Houston, TX ($11,843), Cofco International USA 401(K) Plan in Chicago, IL ($9,821), and BKEP Management, Inc. 401(K) Plan in Jackson, MS ($9,076), and 2 others, ending with Tauber Oil Company 401(K) Profit Sharing Plan in Houston, TX ($7,862).
beat MVP Holdings Retirement Plan in Wichita, KS ($7,228), Associated Asphalt Partners Retirement and Savings Plan in Roanoke, VA ($6,570), Harms Oil Company 401(K) Plan in Brookings, SD ($6,023), and Tilley Chemical Company, Inc. Profit Sharing Plan in Baltimore, MD ($5,825), and 53 others, ending with John W. Stone Oil Distributor, L.L.C. 401(K) Retirement Plan in Terrytown, LA ($0.00).
beat MVP Holdings Retirement Plan in Wichita, KS ($7,228), Associated Asphalt Partners Retirement and Savings Plan in Roanoke, VA ($6,570), Harms Oil Company 401(K) Plan in Brookings, SD ($6,023), and Tilley Chemical Company, Inc. Profit Sharing Plan in Baltimore, MD ($5,825), and 53 others, ending with John W. Stone Oil Distributor, L.L.C. 401(K) Retirement Plan in Terrytown, LA ($0.00).
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.