Plans » Benchmarking Engine
Benchmarking Tbi, Inc. 401(K) Plan in Chicago, IL against
good (1)
neutral (5)
Tbi, Inc. 401(K) Plan in Chicago, IL has the 11th-highest net income ($1,806,821) of the 100 plans whose industry group is Telecommunications. Those $1,806,821 compare to an average of $964,775 across the 100 plans.
Note: net income = total income - total expenses
Tbi, Inc. 401(K) Plan has these standings among those 100 peer plans:
Note: net income = total income - total expenses
Tbi, Inc. 401(K) Plan has these standings among those 100 peer plans:
- net income = $1,806,821 (11th-highest)
- total income = $2,068,830 (17th-highest)
- total expenses = $262,009 (41st-lowest)
- 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-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- net income. Higher values are better. Net income, Line 2k from Schedule H, equals total income (Line 2d) minus total expenses (Line 2j), all from Schedule H. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Tbi, Inc. 401(K) Plan in Chicago, IL is in Chicago, IL, its EIN is 383129821, its industry group is Telecommunications, its plan administrator is Michael Chin, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 517000, has 100 to 499 total participants, is better than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, and employer contributions per active participant (4 total), and is higher than the overall administrative medians in each of professional fees, contract administrator fees, investment advisory and management fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- net assets (assets minus liabilities) ($7.20M)
- total assets ($7,199,586)
- value of interest in registered investment companies (e.g., mutual funds) ($7.00M)
- total assets at beginning of plan year ($5,392,765)
- total income ($2,068,830)
- net income ($1,806,821)
- total contributions ($1,281,158)
- cash contributions from participants ($846,457)
- earnings on investments ($787,672)
- net earnings on investments ($777,643)
- cash contributions from employers ($433,703)
- total expenses ($262,009)
- participant loans ($172,845)
- total administrative expenses ($49,542)
- average account balance ($32,141)
- contract administrator fees ($30,664)
- value of interest in pooled separate accounts ($26,838)
- value of funds held in insurance company general account (unallocated contracts) ($14,878)
- investment advisory and management fees ($10,029)
- professional fees ($8,849)
- net income per total participant ($8,066)
- average participant cash contribution per active participant ($4,211)
- average employer cash contribution per active participant ($2,158)
- total administrative expense per participant ($221.17)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in common/collective trusts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- other administrative expenses ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (89.7%)
- yield on beginning-of-plan-year total assets (14.42%)
- diversity of asset types (4.8%)
- participant loans as a percentage of plan assets (2.40%)
- total administrative expense ratio (0.690%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (201)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (224)
- other retired or separated participants entitled to future benefits (23)
- retired or separated participants receiving benefits (0)
- total participants (224)
Global References