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Benchmarking Mphasis Corporation 401(K) Plan in Maitland, FL against all plans

 

Mphasis Corporation 401(K) Plan in Maitland, FL has the 5th-highest average account balance ($7,948) of the 115 plans that have 5,000 to 24,999 total participants. That $7,948 compares to an average of $3,897 across those 115 plans.

Beating the average of $3,897 means an extra $24,426,100 in total assets.

But it's still under the median of $48,746 and average of $63,400 across all 848 plans that, like it, are in Florida.

Note: average account balance = total assets ÷ total participants

Mphasis Corporation 401(K) Plan has these standings among those 115 peer plans:

  • average account balance = $7,948 (5th-highest)

  • total assets = $47,919,018 (3rd-most)

  • total participants = 6,029 (39th-fewest)

Visualize

 
 

Peers

beat out by Crestline Hotels & Resorts, LLC Retirement and Savings Plan in Fairfax, VA ($9,562), Concord Hospitality Enterprises Company, LLC 401(K) Plan in Raleigh, NC ($8,812), Claire's Stores Inc. 401(K) Savings and Retirement Plan in Hoffman Estates, IL ($8,266), and Hibbett, Inc. 401(K) Profit Sharing Plan in Birmingham, AL ($8,142).

beat Legacy Healthcare 401(K) Retirement Plan in Skokie, IL ($7,927), New England Teamsters Savings and Investment Plan in Manchester, NH ($7,550), Apex Service Partners LLC 401(K) Plan in Tampa, FL ($7,518), and Hospitality Industry 401k Plan in Sparks, MD ($7,331), and 106 others, ending with Freedom Care 401(K) Plan in New Hyde Park, NY ($452).

References

  1. average account balance. Higher values are better. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f 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. total participants bracket. We partitioned total participants into eight brackets: 0-9, 10-24, 25-49, 50-99, 100-499, 500-999, 1000-4999, 5000-24999, and 25000 or more. 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.