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Benchmarking Irdeto USA, Inc. Savings Plan in Pontiac, MI against all plans

 

Irdeto USA, Inc. Savings Plan in Pontiac, MI has the 10th-lowest total administrative expense per participant (-$60.18) of the 2,122 plans in the Great Lakes area that don't provide for automatic enrollment. That -$60.18 compares to an average of $174.31 across those 2,122 plans.

Beating the average of $174.31 means a decrease of $39,628 in total administrative expenses.

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

Irdeto USA, Inc. Savings Plan has these standings among those 2,122 peer plans:

  • total administrative expense per participant = -$60.18 (10th-lowest)

  • total administrative expenses = -$10,171 (16th-lowest)

  • total participants = 169 (371st-fewest, tied)

Visualize

 
 

Peers

beat out by American College of Healthcare Executives Smart 401(K) Plan in Chicago, IL (-$220.30), Metawater Group Retirement Plan in Loves Park, IL (-$190.50), Bank of Ann Arbor Employees 401(K) Profit Sharing Plan in Ann Arbor, MI (-$143.90), and Lumina Foundation for Education, Inc. Savings Investment Plan in Indianapolis, IN (-$115.00), and 5 others, ending with Specialty Coating Systems 401(K) Plan in Indianapolis, IN (-$62.64).

beat Forddirect Retirement Savings Plan in Dearborn, MI (-$56.85), St Vincent Charity Medical Center Retirement Savings Plan for Ona Employees in Cleveland, OH (-$55.22), Chicago Faucet Company Retirement and Savings Plan in Des Plaines, IL (-$40.81), and Daubert Industries, Inc. Profit Sharing Plan in Burr Ridge, IL (-$37.90), and others, ending with Blanchard Valley Medical Assc Inc 401(K) Profit Sharing Plan in Findlay, OH ($1,594).

References

  1. provide for automatic enrollment. 401(k) plan or 403(b) plan that provides for automatic enrollment in a plan that has elective contributions deducted from payroll. Feature code 2S within Line 8a of 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.
  2. in region. The 9 regions with their corresponding states or other geographic entities are: New England (CT ME MA NH RI VT), Mid Atlantic (DE DC MD NJ NY PA), Great Lakes (IL IN MI OH WI), Plains (IA KS MN MO NE ND SD), Southeast (AL AR FL GA KY LA MS NC SC TN VA WV), Southwest (AZ NM OK TX), Rocky Mountains (CO ID MT UT WY), Far West (AK CA HI NV OR WA), and Outlying Areas (VI PR GU AS MP). 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.
  3. 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.