Plans » Benchmarking Engine
Benchmarking Calise & Sons Bakery, Inc. Profit Sharing Plan in Lincoln, RI against
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Calise & Sons Bakery, Inc. Profit Sharing Plan in Lincoln, RI has the 10th-highest diversity of asset types (17.5%) among the 68 Rhode Island plans. That 17.5% compares to an average of 8.8% across those 68 plans.
Calise & Sons Bakery, Inc. Profit Sharing Plan has these standings among those 68 peer plans related to asset types (values of zero are not shown):
Calise & Sons Bakery, Inc. Profit Sharing Plan has these standings among those 68 peer plans related to asset types (values of zero are not shown):
- diversity of asset types = 17.5% (10th-highest)
- participant loans = $377,703 (2nd-most)
- value of interest in common/collective trusts = $975,152 (5th-highest)
- value of interest in registered investment companies (e.g., mutual funds) = $6.60M (11th-highest)
- 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-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.
- in state. 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.
Calise & Sons Bakery, Inc. Profit Sharing Plan in Lincoln, RI is in Rhode Island, its EIN is 050284865, its industry group is Bakeries and Tortilla Manufacturing, 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 311800, has 100 to 499 total participants, is worse than the overall participant averages in each of net income per total participant, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (4 total), and is higher than the overall administrative medians in each of other administrative expenses, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- net assets (assets minus liabilities) ($8.00M)
- total assets ($7,974,689)
- total assets at beginning of plan year ($7,459,640)
- value of interest in registered investment companies (e.g., mutual funds) ($6.60M)
- total income ($1,323,786)
- value of interest in common/collective trusts ($975,152)
- earnings on investments ($929,576)
- net earnings on investments ($929,576)
- total expenses ($808,737)
- net income ($515,049)
- total contributions ($394,210)
- cash contributions from participants ($392,186)
- participant loans ($377,703)
- other administrative expenses ($58,751)
- total administrative expenses ($58,751)
- average account balance ($27,981)
- net income per total participant ($1,807)
- average participant cash contribution per active participant ($1,588)
- total administrative expense per participant ($206.14)
- 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 pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($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)
- cash contributions from employers ($0)
- corrective distributions ($0)
- professional fees ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- average employer cash contribution per active participant ($0.00)
- percentage of active participants (86.7%)
- diversity of asset types (17.5%)
- yield on beginning-of-plan-year total assets (12.46%)
- participant loans as a percentage of plan assets (4.74%)
- total administrative expense ratio (0.740%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (247)
- deceased participants whose beneficiaries receive or are entitled to benefits (1)
- living participants (284)
- other retired or separated participants entitled to future benefits (37)
- retired or separated participants receiving benefits (0)
- total participants (285)
Global References