Benchmarking Squire & Company 401(K) Profit Sharing Plan in Orem, UT against all plans
Squire & Company 401(K) Profit Sharing Plan in Orem, UT has the 12th-lowest total administrative expense ratio (0.005%) among the 240 plans whose industry group is Accounting, Tax Preparation, Bookkeeping, and Payroll Services. That 0.005% compares to an average of 0.330% across those 240 plans.
Beating the average of 0.330% means a savings of $98,020 in total administrative expenses.
Note: total administrative expense ratio =
(100 * total administrative expenses) ÷ total assets
Squire & Company 401(K) Profit Sharing Plan has these standings among those 240 peer plans:
Beating the average of 0.330% means a savings of $98,020 in total administrative expenses.
Note: total administrative expense ratio =
(100 * total administrative expenses) ÷ total assets
Squire & Company 401(K) Profit Sharing Plan has these standings among those 240 peer plans:
- total administrative expense ratio = 0.005% (12th-lowest)
- total administrative expenses = $1,544 (15th-lowest)
- total assets = $30,558,306 (56th-most)
Visualize
Peers
beat out by Stone Coast Fund Services LLC 401(K) Plan in Portland, ME (-0.024%), Aafcpas, Inc 401(K) Savings Plan in Westborough, MA (-0.017%), Hammes Company LLC 401(K) Savings Plan in Brookfield, WI (-0.009%), and July Business Services 401(K) Plan in Waco, TX (0.000%), and 7 others, ending with Azo Services Inc 401(K) Retirements Savings Plan in Kalamazoo, MI (0.003%).
beat Mitchell & Titus, LLP 401(K) Plan in New York, NY (0.006%), Globe Tax 401(K) Plan in New York, NY (0.007%), Everence Services, LLC 401(K) Plan in Goshen, IN (0.007%), and Lucas, Horsfall, Murphy & Pindroh, LLP 401(K) Plan in Pasadena, CA (0.008%), and 224 others, ending with Peoplease LLC PLC Services, LLC 401(K) Plan in Charleston, SC (1.915%).
beat Mitchell & Titus, LLP 401(K) Plan in New York, NY (0.006%), Globe Tax 401(K) Plan in New York, NY (0.007%), Everence Services, LLC 401(K) Plan in Goshen, IN (0.007%), and Lucas, Horsfall, Murphy & Pindroh, LLP 401(K) Plan in Pasadena, CA (0.008%), and 224 others, ending with Peoplease LLC PLC Services, LLC 401(K) Plan in Charleston, SC (1.915%).
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 ratio. Lower values are better. Total administrative expense ratio (as a percentage) equals total administrative expenses (Line 2i(5), Schedule H) divided by total assets (end of plan year; Line 1f(b) from Schedule H), times 100. To qualify for total administrative expense ratio, 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.