Benchmarking Sitex Corporation Team Members Retirement Plan in Henderson, KY against all plans
Sitex Corporation Team Members Retirement Plan in Henderson, KY has the 6th-highest total administrative expense per participant ($425.10) of the 286 Kentucky plans. That $425.10 compares to an average of $112.36 across those 286 plans.
Reaching the average of $112.36 would imply a decrease of $42,846 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses รท total participants
Sitex Corporation Team Members Retirement Plan has these standings among those 286 peer plans:
Reaching the average of $112.36 would imply a decrease of $42,846 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses รท total participants
Sitex Corporation Team Members Retirement Plan has these standings among those 286 peer plans:
- total administrative expense per participant = $425.10 (6th-highest)
- total administrative expenses = $58,239 (25th-highest)
- total participants = 137 (75th-fewest, tied)
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Peers
better than Driftboat Management, LLC 401(K) Plan in Louisville, KY ($586.50), Bray Trucking, Inc. Retirement Savings Plan in Alexandria, KY ($532.02), FNB Bank, Inc. 401(K) Plan in Mayfield, KY ($451.07), and Liter's, Inc. 401(K) Plan in Louisville, KY ($444.76), and 1 other.
exceeded Benner Mechanical & Electrical 401(K) Plan in Burlington, KY ($416.03), Beck 401(K) Retirement Savings Plan in Lexington, KY ($398.28), Kokoku Rubber, Inc. 401(K) Savings Plan in Richmond, KY ($353.28), and Galerie Retirement Savings Plan in Hebron, KY ($348.52), and 276 others, ending with The Contractors Retirement Plan in London, KY ($0.00).
exceeded Benner Mechanical & Electrical 401(K) Plan in Burlington, KY ($416.03), Beck 401(K) Retirement Savings Plan in Lexington, KY ($398.28), Kokoku Rubber, Inc. 401(K) Savings Plan in Richmond, KY ($353.28), and Galerie Retirement Savings Plan in Hebron, KY ($348.52), and 276 others, ending with The Contractors Retirement Plan in London, KY ($0.00).
References
- in state. 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 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.