Plans » Benchmarking Engine
Benchmarking JDP Electric, Inc. 401(K) Plan in Fargo, ND against
good (7)
neutral (1)
JDP Electric, Inc. 401(K) Plan in Fargo, ND has the 4th-highest net income ($1,590,736) of the 67 North Dakota plans. Those $1,590,736 compare to an average of $720,865 across the 67 plans.
Note: net income = total income - total expenses
JDP Electric, Inc. 401(K) Plan has these standings among those 67 peer plans:
Note: net income = total income - total expenses
JDP Electric, Inc. 401(K) Plan has these standings among those 67 peer plans:
- net income = $1,590,736 (4th-highest)
- total income = $1,816,777 (9th-highest)
- total expenses = $226,041 (14th-lowest)
- 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.
- 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.
JDP Electric, Inc. 401(K) Plan in Fargo, ND is in Fargo, ND, its EIN is 450426706, its industry group is Building Equipment Contractors, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a multiple-employer plan, its business code is 238210, has 100 to 499 total participants, is better than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, and diversity of asset types (4 total), and 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).
Global References
Numeric values:
- net assets (assets minus liabilities) ($6.30M)
- total assets ($6,265,174)
- value of interest in registered investment companies (e.g., mutual funds) ($5.80M)
- total assets at beginning of plan year ($4,674,438)
- total income ($1,816,777)
- net income ($1,590,736)
- total contributions ($1,157,495)
- earnings on investments ($659,282)
- net earnings on investments ($659,282)
- cash contributions from participants ($632,060)
- value of interest in common/collective trusts ($400,405)
- total expenses ($226,041)
- cash contributions from employers ($221,335)
- other general investments ($43,978)
- average account balance ($39,906)
- contract administrator fees ($27,697)
- total administrative expenses ($27,697)
- participant loans ($15,734)
- net income per total participant ($10,132)
- average participant cash contribution per active participant ($4,451)
- average employer cash contribution per active participant ($1,559)
- corrective distributions ($346)
- total administrative expense per participant ($176.41)
- 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)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- professional fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (90.4%)
- yield on beginning-of-plan-year total assets (14.10%)
- diversity of asset types (9.3%)
- total administrative expense ratio (0.440%)
- participant loans as a percentage of plan assets (0.25%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (142)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (157)
- other retired or separated participants entitled to future benefits (14)
- retired or separated participants receiving benefits (1)
- total participants (157)
Global References