Benchmarking Hochiki America Corporation 401(K) Retirement Plan in Buena Park, CA against all plans
Hochiki America Corporation 401(K) Retirement Plan in Buena Park, CA has the 6th-lowest total administrative expense ratio (0.018%) among the 118 plans whose industry group is Other Electrical Equipment and Component Manufacturing. That 0.018% compares to an average of 0.450% across those 118 plans.
Beating the average of 0.450% means a savings of $24,032 in total administrative expenses.
Note: total administrative expense ratio =
(100 * total administrative expenses) ÷ total assets
Hochiki America Corporation 401(K) Retirement Plan has these standings among those 118 peer plans:
Beating the average of 0.450% means a savings of $24,032 in total administrative expenses.
Note: total administrative expense ratio =
(100 * total administrative expenses) ÷ total assets
Hochiki America Corporation 401(K) Retirement Plan has these standings among those 118 peer plans:
- total administrative expense ratio = 0.018% (6th-lowest)
- total administrative expenses = $993 (9th-lowest)
- total assets = $5,521,616 (59th-most)
Visualize
Peers
beat out by Wellpower Hourly 401(K) Plan in Alpharetta, GA (-0.013%), Alstom Power Inc Savings and Investment Plan for Certain Represented Employees in Atlanta, GA (0.000%), Telesis Technologies, Inc. 401(K) Plan in Circleville, OH (0.001%), and Amptech, Inc. 401(K) Plan in Manistee, MI (0.011%), and 1 other.
beat Windings, Inc. 401(K) Salary Savings & Retirement Plan in New Ulm, MN (0.019%), E.I. Electronics, LLC dba Electro Industries/Gauge Tech 401(K) Plan in Westbury, NY (0.023%), Scott Electronics, Inc. 401(K) Plan in Salem, NH (0.023%), and Flight Systems Industrial Products, Inc. 401(K) Savings Plan in Carlisle, PA (0.025%), and 108 others, ending with Seitz LLC 401(K) Incentive Savings Plan in Torrington, CT (6.008%).
beat Windings, Inc. 401(K) Salary Savings & Retirement Plan in New Ulm, MN (0.019%), E.I. Electronics, LLC dba Electro Industries/Gauge Tech 401(K) Plan in Westbury, NY (0.023%), Scott Electronics, Inc. 401(K) Plan in Salem, NH (0.023%), and Flight Systems Industrial Products, Inc. 401(K) Savings Plan in Carlisle, PA (0.025%), and 108 others, ending with Seitz LLC 401(K) Incentive Savings Plan in Torrington, CT (6.008%).
References
- whose industry group is. The industry group is the first four 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.
- total administrative expense ratio. Lower values are better. Total administrative expense ratio (as a percentage) equals total administrative expenses (Line 2i(5), Schedule H) divided by total assets (end of plan year; Line 1f(b) from Schedule H), times 100. To qualify for total administrative expense ratio, the number of total assets must be at least $50,000. 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.