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Benchmarking Morgan Distributing, Inc. Retirement Plan in Decatur, IL against all plans

 

Morgan Distributing, Inc. Retirement Plan in Decatur, IL has the 4th-lowest net income per total participant (-$36,990) of the 64 plans whose industry group is Petroleum and Petroleum Products Merchant Wholesalers. That -$36,990 compares to an average of -$11,366 across those 64 plans.

Reaching the average of -$11,366 would imply an extra $4,279,368 in net income.

Note: net income per total participant = net income ÷ total participants

Morgan Distributing, Inc. Retirement Plan has these standings among those 64 peer plans:

  • net income per total participant = -$36,990 (4th-lowest)

  • net income = -$6,177,411 (10th-lowest)

  • total participants = 167 (9th-fewest)

Visualize

 
 

Peers

better than BKEP Management, Inc. 401(K) Plan in Jackson, MS (-$42,804), Nic Holding Corp. Employees 401(K) Savings Plan in Melville, NY (-$41,937), and Tauber Oil Company 401(K) Profit Sharing Plan in Houston, TX (-$38,377).

trailed Cofco International USA 401(K) Plan in Chicago, IL (-$29,183), Apex Oil Company, Inc. Employee Savings Plan in St. Louis, MO (-$24,589), Reed Oil Company 401(K) Profit Sharing Plan in New Castle, PA (-$22,953), and Cary Oil Co., Inc. 401(K) Profit Sharing Plan in Cary, NC (-$20,702), and 56 others, ending with Christensen, Inc. 401(K) Plan in Richland, WA ($2,008).

References

  1. 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.
  2. net income per total participant. Higher values are better. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, 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.