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Benchmarking Tomra Ny Recycling, LLC Union 294 401(K) Savings and Profit SH in Shelton, CT against all plans

 

Tomra Ny Recycling, LLC Union 294 401(K) Savings and Profit SH in Shelton, CT has the 4th-highest average employer cash contribution per active participant ($7,586) of the 1,129 plans whose economic sector is Wholesale Trade. That $7,586 compares to an average of $1,223 across those 1,129 plans.

Beating the average of $1,223 means an extra $445,386 in employer cash contributions.

Note: average employer cash contribution per active participant =
cash contributions from employers ÷ active participants

Tomra Ny Recycling, LLC Union 294 401(K) Savings and Profit SH has these standings among those 1,129 peer plans:

  • average employer cash contribution per active participant = $7,586 (4th-highest)

  • cash contributions from employers = $531,002 (31st-most)

  • active participants = 70 (60th-fewest, tied)

Visualize

 
 

Peers

beat out by Rish Equipment Company 401(K) Plan in Celebration, FL ($101,678), Becca, Inc. 401(K) Retirement Plan & Trust in Long Island City, NY ($17,634), and Angelini Pharma, Inc. 401(K) Plan in Rockville, MD ($9,306).

beat Rancho Foods, Inc. 401(K) & Profit Sharing Plan in Vernon, CA ($6,804), Index Exchange USA, LLC 401k Plan in New York, NY ($6,581), Gripple, Inc. 401(K) Plan in Aurora, IL ($6,000), and Atlanco 401(K) & Profit Sharing Plan in Marietta, GA ($5,888), and others, ending with Volver Investment Partners, LLC 401(K) in Marlton, NJ ($0.00).

References

  1. whose economic sector is. The economic sector is the first two 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.
  2. average employer cash contribution per active participant. Higher values are better. Average employer cash contribution per active participant equals cash contributions from employers, Line 2a(1)(A) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. 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.