Plans » Benchmarking Engine
Benchmarking Maval Industries, LLC 401(K) Plan in Twinsburg, OH against
neutral (5)
Maval Industries, LLC 401(K) Plan in Twinsburg, OH has the lowest total expenses ($19,385) of all the 347 plans within 50 miles. Those $19,385 compare to an average of $614,872 across the 347 plans.
- total expenses. From Line 2j, 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.
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within 50 miles.
- The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
- In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.
Maval Industries, LLC 401(K) Plan in Twinsburg, OH is in Ohio, its EIN is 473153632, its industry group is Other Miscellaneous Manufacturing, its plan administrator is Andrea Loveland, 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 339900, has 100 to 499 total participants, is worse than the overall plan medians in each of total income, net income, yield on beginning-of-plan-year total assets, and diversity of asset types (4 total), and is worse 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:
- total assets ($4,011,260)
- net assets (assets minus liabilities) ($4.00M)
- value of interest in pooled separate accounts ($3,981,512)
- total assets at beginning of plan year ($3,787,355)
- total income ($243,290)
- net income ($223,905)
- earnings on investments ($145,260)
- net earnings on investments ($145,260)
- total contributions ($98,030)
- cash contributions from participants ($59,761)
- cash contributions from employers ($38,269)
- participant loans ($29,748)
- average account balance ($22,409)
- total expenses ($19,385)
- contract administrator fees ($6,265)
- total administrative expenses ($6,265)
- net income per total participant ($1,251)
- average participant cash contribution per active participant ($553.30)
- average employer cash contribution per active participant ($354.30)
- total administrative expense per participant ($35.00)
- 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)
- value of interest in registered investment companies (e.g., mutual funds) ($0.0K)
- 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)
- corrective distributions ($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 (60.3%)
- yield on beginning-of-plan-year total assets (3.84%)
- diversity of asset types (1.4%)
- participant loans as a percentage of plan assets (0.74%)
- total administrative expense ratio (0.160%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (108)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (179)
- other retired or separated participants entitled to future benefits (71)
- retired or separated participants receiving benefits (0)
- total participants (179)
Global References