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Benchmarking Selby Transportation Corp. 401(K) Plan in Bronx, NY against all plans

 

Selby Transportation Corp. 401(K) Plan in Bronx, NY has the 4th-lowest total administrative expense per participant ($6.08) of the 37 plans in Bronx, NY. That $6.08 compares to an average of $60.80 across those 37 plans.

Beating the average of $60.80 means a decrease of $43,335 in total administrative expenses.

Note: total administrative expense per participant =
total administrative expenses ÷ total participants

Selby Transportation Corp. 401(K) Plan has these standings among those 37 peer plans:

  • total administrative expense per participant = $6.08 (4th-lowest)

  • total administrative expenses = $4,819 (15th-lowest)

  • total participants = 792 (5th-most)

Visualize

 
 

Peers

beat out by Medco Enterprises, Inc. & Affiliates Retirement Plan in Bronx, NY ($2.89), Joseph A. Romano PC 401(K) Profit Sharing Plan & Trust in Bronx, NY ($3.43), and Dennelisse Corporation 401(K) Plan in Bronx, NY ($4.80).

beat Children's Rescue Fund 401(K) Savings Plan in Bronx, NY ($8.21), Victory Foodservice 401(K) Plan in Bronx, NY ($8.86), Building Management Associates 401(K) Profit Sharing Plan & Trust in Bronx, NY ($8.91), and Start Elevator Employee 401(K) Savings Plan in Bronx, NY ($9.77), and 29 others, ending with Rebekah Rehab & Extended Care Center 401(K) Plan in Bronx, NY ($329.13).

References

  1. in city. Values were kept only if they occurred at least 20 times. 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. total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, or separated participants who are still living, plus deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, 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.