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Benchmarking Rademacher Companies Retirement Savings Plan in Andover, MN against all plans

 

Rademacher Companies Retirement Savings Plan in Andover, MN has the 11th-highest net income per total participant ($6,348) of the 202 plans whose industry group is Grocery Stores and don't provide for automatic enrollment. That $6,348 compares to an average of $2,346 across those 202 plans.

Beating the average of $2,346 means an extra $600,331 in net income.

Note: net income per total participant = net income ÷ total participants

Rademacher Companies Retirement Savings Plan has these standings among those 202 peer plans:

  • net income per total participant = $6,348 (11th-highest)

  • net income = $952,259 (34th-highest)

  • total participants = 150 (49th-fewest, tied)

Visualize

 
 

Peers

beat out by Nilssen's Supervalu 401(K) Plan in Baldwin, WI ($13,283), Henning's Super Market, Inc. 401(K) Retirement Plan in Harleysville, PA ($11,719), Park Slope Food Coop, Inc. 401(K) Plan and Trust in Brooklyn, NY ($9,149), and Derico of East Amherst Corp. 401(K) Profit Sharing in Williamsville, NY ($8,203), and 6 others, ending with Ashland Food Cooperative 401(K) Retirement Plan and Trust in Ashland, OR ($6,532).

beat Obriens Market, Inc. 401k Profit Sharing Plan in Riverbank, CA ($5,839), Coffee Cup Employee's 401(K) Retirement Savings Plan in Sioux Falls, SD ($5,753), Viking Village, Inc Employees 401(K) Profit Sharing Plan in Reedsburg, WI ($5,713), and Intermountain Food Stores, Inc. 401k P/S Plan in Boise, ID ($5,711), and others, ending with Maynards Food Center 401(K) Plan in Elkton, SD (-$6,176).

References

  1. 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.
  2. 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.
  3. net income per total participant. Higher values are better. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, Line 6f 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.