Powered by OnlyBoth

Benchmarking Burlington Coat Factory Puerto Rico Savings Plan in Burlington, NJ against all plans

 

Burlington Coat Factory Puerto Rico Savings Plan in Burlington, NJ has the 2nd-lowest total administrative expense per participant ($3.35) of the 45 plans whose industry group is Textile Product Mills. That $3.35 compares to an average of $108.89 across those 45 plans.

Beating the average of $108.89 means a decrease of $175,086 in total administrative expenses.

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

Burlington Coat Factory Puerto Rico Savings Plan has these standings among those 45 peer plans:

  • total administrative expense per participant = $3.35 (2nd-lowest)

  • total administrative expenses = $5,560 (11th-lowest)

  • total participants = 1,659 (the most)

Visualize

 
 

Peers

KNF Flexpak Corporation 401(K) Profit Sharing Plan & Trust in Tamaqua, PA is first with $2.41.

beat Humphrys Cover Sports 401(K) in Philadelphia, PA ($5.44), Dowco, Inc. 401(K) Savings Plan in Manitowoc, WI ($6.19), Precision Textiles LLC 401k Plan in Totowa, NJ ($8.36), and Oppermann Webbing, Inc. 401(K) Profit Sharing Plan & Trust in Piedmont, SC ($9.13), and 39 others, ending with The O'Dell Corporation 401(K) Profit Sharing Plan in Ware Shoals, SC ($413.30).

References

  1. 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.
  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.