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Benchmarking Richard Design Services, Inc. Field & Craft Regular 401(K) Plan in Beaumont, TX against all plans

 

Richard Design Services, Inc. Field & Craft Regular 401(K) Plan in Beaumont, TX has the 10th-lowest average participant cash contribution per active participant ($454.40) of the 325 plans in the Southwest whose economic sector is Professional, Scientific, and Technical Services. That $454.40 compares to an average of $4,107 across those 325 plans.

Reaching the average of $4,107 would imply an extra $2,662,557 in participant cash contributions.

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

Richard Design Services, Inc. Field & Craft Regular 401(K) Plan has these standings among those 325 peer plans:

  • average participant cash contribution per active participant = $454.40 (10th-lowest)

  • cash contributions from participants = $331,286 (84th-least)

  • active participants = 729 (10th-most)

Visualize

 
 

Peers

better than Medtrust, LLC 401(K) Plan in San Antonio, TX ($0.00), SCS Technologies 401(K) Plan in Big Spring, TX ($0.00), Express Employment Professionals 401(K) Retirement Savings Plan in Oklahoma City, OK ($0.48), and Ats 401(K) Plan & Trust in Houston, TX ($51.60), and 5 others, ending with All Plastics LLC 401(K) Profit Sharing Plan and Trust in Kerrville, TX ($406.60).

trailed Valor It Inc 401(K) Profit Sharing Plan & Trust in Phoenix, AZ ($459.10), Natural Light Energy Systems 401(K) Profit Sharing Plan & Trust in Phoenix, AZ ($539.80), Managed Staffing, Inc. 401(K) Plan in Frisco, TX ($548.90), and Dot Leasing Inc 401(K) Profit Sharing Plan & Trust in Aubrey, TX ($672.50), and others, ending with Ziopharm Oncology, Inc. 401(K) Plan in Houston, TX ($37,427).

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 participant cash contribution per active participant. Higher values are better. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) 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.
  3. in region. The 9 regions with their corresponding states or other geographic entities are: New England (CT ME MA NH RI VT), Mid Atlantic (DE DC MD NJ NY PA), Great Lakes (IL IN MI OH WI), Plains (IA KS MN MO NE ND SD), Southeast (AL AR FL GA KY LA MS NC SC TN VA WV), Southwest (AZ NM OK TX), Rocky Mountains (CO ID MT UT WY), Far West (AK CA HI NV OR WA), and Outlying Areas (VI PR GU AS MP). 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.