Benchmarking Roytec Industries LLC 401(K) Profit Sharing Plan & Trust in Woodstock, GA against all plans
Roytec Industries LLC 401(K) Profit Sharing Plan & Trust in Woodstock, GA has the least participant loans as a percentage of plan assets (0.00%) among the 33 plans whose industry group is Electrical Equipment Manufacturing. That 0.00% compares to an average of 1.26% across those 33 plans.
Beating the average of 1.26% means a savings of $37,477 in participant loans.
Note: participant loans as a percentage of plan assets =
(100 * participant loans) ÷ total assets
Roytec Industries LLC 401(K) Profit Sharing Plan & Trust has these standings among those 33 peer plans:
Beating the average of 1.26% means a savings of $37,477 in participant loans.
Note: participant loans as a percentage of plan assets =
(100 * participant loans) ÷ total assets
Roytec Industries LLC 401(K) Profit Sharing Plan & Trust has these standings among those 33 peer plans:
- participant loans as a percentage of plan assets = 0.00% (the least, tied)
- participant loans = $0 (the least in, tied)
- total assets = $2,981,911 (8th-least)
Visualize
Peers
tied with Subconn Inc. 401(K) Plan in Burwell, NE, Emerald Transformer 401(K) Plan in McKinney, TX, SPS 401(K) Plan in Winneconne, WI, Martin Energy Group Services 401(K) Savings Plan in Tipton, MO, and 2 others, all with 0.00%.
beat Precision Partners, LLC 401(K) Plan in Athens, GA (0.05%), Anord Mardix (USA) 401(K) P/S Plan in Henrico, VA (0.12%), Myers Controlled Power LLC 401k Plan in North Canton, OH (0.51%), and Molekule 401(K) Plan in San Francisco, CA (0.62%), and 22 others, ending with All Battery Sales and Service 401(K) Plan in Everett, WA (4.12%).
beat Precision Partners, LLC 401(K) Plan in Athens, GA (0.05%), Anord Mardix (USA) 401(K) P/S Plan in Henrico, VA (0.12%), Myers Controlled Power LLC 401k Plan in North Canton, OH (0.51%), and Molekule 401(K) Plan in San Francisco, CA (0.62%), and 22 others, ending with All Battery Sales and Service 401(K) Plan in Everett, WA (4.12%).
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.
- participant loans as a percentage of plan assets. Lower values are better. Participant loans as a percentage of plan assets equals participant loans, Line 1c(8) from Schedule H, divided by total assets, Line 1f(b) from Schedule H, times 100. A high value may indicate excessive borrowing from participants' retirement accounts. To qualify for participant loans as a percentage of plan assets, 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.