Benchmarking Astro Manufacturing & Design 401(K) Plan in Eastlake, OH against all plans
Astro Manufacturing & Design 401(K) Plan in Eastlake, OH has the 3rd-highest diversity of asset types (19.3%) among the 29 Ohio plans whose industry group is Other Miscellaneous Manufacturing. That 19.3% compares to an average of 12.9% across those 29 plans.
Astro Manufacturing & Design 401(K) Plan has these standings among those 29 peer plans related to asset types (values of zero are not shown):
Astro Manufacturing & Design 401(K) Plan has these standings among those 29 peer plans related to asset types (values of zero are not shown):
- diversity of asset types = 19.3% (3rd-highest)
- participant loans = $109,992 (10th-least)
- value of interest in registered investment companies (e.g., mutual funds) = $7.50M (3rd-lowest)
- value of funds held in insurance company general account (unallocated contracts) = $2,453,892 (4th-highest)
Visualize
Peers
beat out by Roechling Industrial Cleveland 401(K) Retirement Plan in Cleveland, OH (36.4%) and Allen Aircraft Products, Inc. 401(K) Profit Sharing Plan in Ravenna, OH (22.2%).
beat Chase Industries Inc. 401(K) Plan in Springdale, OH (18.0%), Ceramicorp, Inc. Employee Savings Plan in Perrysville, OH (17.3%), R.W. Beckett Profit Sharing and 401(K) Plan in North Ridgeville, OH (15.4%), and Pressco Technology Inc. P/S 401(K) Plan in Solon, OH (14.9%), and 22 others, ending with Bullen Ultrasonics, Inc. 401(K) Profit Sharing Plan in Eaton, OH (3.7%).
beat Chase Industries Inc. 401(K) Plan in Springdale, OH (18.0%), Ceramicorp, Inc. Employee Savings Plan in Perrysville, OH (17.3%), R.W. Beckett Profit Sharing and 401(K) Plan in North Ridgeville, OH (15.4%), and Pressco Technology Inc. P/S 401(K) Plan in Solon, OH (14.9%), and 22 others, ending with Bullen Ultrasonics, Inc. 401(K) Profit Sharing Plan in Eaton, OH (3.7%).
References
- diversity of asset types. Higher values are better. The diversity of asset types is calculated by taking the mathematical entropy of the 24 dollar values for the 24 asset types, after excluding negative asset values, then dividing by 4.584962 (which is the maximum possible entropy of 24 numeric quantities), and multiplying by 100 to obtain a percentage whose potential range is 0% to 100%. Mathematical entropy is a way to measure the balance among a group of numeric values; maximum entropy is when all the values are equal and nonzero. 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.
- 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.
- in state. 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.