Benchmarking Traxys North America LLC 401(K) and Profit Sharing Plan in New York, NY against all plans
Traxys North America LLC 401(K) and Profit Sharing Plan in New York, NY has the 10th-highest average employer+participant cash contribution per active participant ($30,986) of the 390 plans in New York, NY that don't provide for automatic enrollment. That $30,986 compares to an average of $12,276 across those 390 plans.
Beating the average of $12,276 means an extra $2,488,391 in employer+participant cash contributions.
Note: average employer+participant cash contribution per active participant = average participant cash contribution per active participant + average employer cash contribution per active participant
Traxys North America LLC 401(K) and Profit Sharing Plan has these standings among those 390 peer plans:
Beating the average of $12,276 means an extra $2,488,391 in employer+participant cash contributions.
Note: average employer+participant cash contribution per active participant = average participant cash contribution per active participant + average employer cash contribution per active participant
Traxys North America LLC 401(K) and Profit Sharing Plan has these standings among those 390 peer plans:
- average employer+participant cash contribution per active participant = $30,986 (10th-highest)
- average participant cash contribution per active participant = $13,552 (62nd-highest)
- average employer cash contribution per active participant = $17,434 (7th-highest)
Visualize
Peers
beat out by Axinn, Veltrop, & Harkrider, LLP 401k Profit Sharing Plan for Partners and Staff in New York, NY ($45,863), The Allied Irish Bank Capital Accumulation Retirement Plan and Trust in New York, NY ($45,007), Dexia Credit Local, New York Branch 401(K) Plan in New York, NY ($38,747), and Alphadyne Asset Management, LP Incentive Savings Trust in New York, NY ($38,072), and 5 others, ending with Annaly Capital Management, Inc. 401(K) Plan in New York, NY ($31,064).
beat China Merchants Bank 401(K) Plan in New York, NY ($29,758), Desmarais LLP 401(K) Plan in New York, NY ($29,312), Exoduspoint Capital Management LP 401(K) Plan in New York, NY ($28,959), and Sumitovant Biopharma, Inc. 401(K) Plan in New York, NY ($28,909), and others, ending with Nyl 403(B) Plan in New York, NY ($0).
beat China Merchants Bank 401(K) Plan in New York, NY ($29,758), Desmarais LLP 401(K) Plan in New York, NY ($29,312), Exoduspoint Capital Management LP 401(K) Plan in New York, NY ($28,959), and Sumitovant Biopharma, Inc. 401(K) Plan in New York, NY ($28,909), and others, ending with Nyl 403(B) Plan in New York, NY ($0).
References
- 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.
- average employer+participant cash contribution per active participant. Higher values are better. Average employer+participant cash contribution per active participant equals the sum of cash contributions from employers, Line 2a(1)(A), plus cash contributions from participants, Line 2a(1)(B), both from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), 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.
- in city. Values were kept only if they occurred at least 20 times. 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.