Benchmarking Loanmart 401(K) Plan in Van Nuys, CA against all plans
Loanmart 401(K) Plan in Van Nuys, CA has the 8th-most in participant loans ($167,195) of the 56 plans whose industry group is Nondepository Credit Intermediation and provide for automatic enrollment. Those $167,195 compare to an average of $82,132 across the 56 plans.
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Peers
outdone by Emm Loans LLC 401(K) Plan in Cherry Hill, NJ ($307,884), LHM Financial Corporation 401(K) Profit Sharing Plan and Trust in Scottsdale, AZ ($299,838), US Mortgage Corporation 401(K) Profit Sharing Plan & Trust in Melville, NY ($226,647), and Foursight Capital, LLC 401(K) Plan in Slc, UT ($216,457), and 3 others, ending with Americollect 401(K) Plan in Manitowoc, WI ($182,656).
outdid Neat Capital 401(K) Plan in Boulder, CO ($156,371), One Trueaccord 401(K) Plan in Lenexa, KS ($156,249), American First Finance in Dallas, TX ($151,209), and Wolfe Financial, Inc. 401(K) Profit Sharing Plan and Trust in Asheboro, NC ($148,932), and 44 others, ending with Diamond Residential Mortgage Corporation 401(K) Plan in Lake Forest, IL ($0).
outdid Neat Capital 401(K) Plan in Boulder, CO ($156,371), One Trueaccord 401(K) Plan in Lenexa, KS ($156,249), American First Finance in Dallas, TX ($151,209), and Wolfe Financial, Inc. 401(K) Profit Sharing Plan and Trust in Asheboro, NC ($148,932), and 44 others, ending with Diamond Residential Mortgage Corporation 401(K) Plan in Lake Forest, IL ($0).
References
- provide for automatic enrollment. 401(k) plan or 403(b) plan that provides for automatic enrollment in a plan that has elective contributions deducted from payroll. Feature code 2S within Line 8a of 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.
- 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.
- participant loans. At end of plan year. The current value of all loans to participants including residential mortgage loans that are subject to Code section 72(p). Line 1c(8) from Schedule H. A missing entry from the Schedule H is here assigned a value of $0. 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.