Benchmarking Meherrin Agricultural & Chemical Company Retirement Savings Plan in Severn, NC against all plans
Meherrin Agricultural & Chemical Company Retirement Savings Plan in Severn, NC has the 9th-lowest total administrative expense per participant ($51.79) of the 33 plans whose industry group is Chemical and Allied Products Merchant Wholesalers. That $51.79 compares to an average of $175.63 across those 33 plans.
Beating the average of $175.63 means a decrease of $231,078 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Meherrin Agricultural & Chemical Company Retirement Savings Plan has these standings among those 33 peer plans:
Beating the average of $175.63 means a decrease of $231,078 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Meherrin Agricultural & Chemical Company Retirement Savings Plan has these standings among those 33 peer plans:
- total administrative expense per participant = $51.79 (9th-lowest)
- total administrative expenses = $96,649 (10th-highest)
- total participants = 1,866 (the most)
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Peers
beat out by Samsung C&T America, Inc. Retirement Savings Plan in Ridgefield Park, NJ ($4.70), Jacob Stern & Sons, Inc. 401(K) Profit Sharing Plan in Santa Barbara, CA ($5.68), Greenlight Biosciences Inc 401(K) Retirement Plan in Lexington, MA ($12.81), and Interstate Chemical Company 401(K) / Profit Sharing Plan in Hermitage, PA ($17.75), and 4 others, ending with Superior Industrial Solutions, Inc. Retirement Plan in Indianapolis, IN ($49.71).
beat ENZO Biochem, Inc. Salary Reduction Profit Sharing Plan in New York, NY ($62.33), A-Gas US Inc. 401(K) Plan in Bowling Green, OH ($75.85), Imperative Chemical Partners, Inc. 401k Plan in Midland, TX ($82.00), and Motive Energy, Inc. 401(K) PS Plan in Anaheim, CA ($98.41), and 20 others, ending with Bamberger Polymers 401(K) and Profit Sharing Plan in Jericho, NY ($528.85).
beat ENZO Biochem, Inc. Salary Reduction Profit Sharing Plan in New York, NY ($62.33), A-Gas US Inc. 401(K) Plan in Bowling Green, OH ($75.85), Imperative Chemical Partners, Inc. 401k Plan in Midland, TX ($82.00), and Motive Energy, Inc. 401(K) PS Plan in Anaheim, CA ($98.41), and 20 others, ending with Bamberger Polymers 401(K) and Profit Sharing Plan in Jericho, NY ($528.85).
References
- 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.
- 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.