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Benchmarking Classic Accessories 401(K) Retirement Plan in Kent, WA against all plans

 

Classic Accessories 401(K) Retirement Plan in Kent, WA has the 11th-highest average employer cash contribution per active participant ($3,142) of the 195 plans whose industry group is Miscellaneous Durable Goods Merchant Wholesalers. That $3,142 compares to an average of $1,239 across those 195 plans.

Beating the average of $1,239 means an extra $146,494 in employer cash contributions.

Note: average employer cash contribution per active participant =
cash contributions from employers ÷ active participants

Classic Accessories 401(K) Retirement Plan has these standings among those 195 peer plans:

  • average employer cash contribution per active participant = $3,142 (11th-highest)

  • cash contributions from employers = $241,904 (41st-most)

  • active participants = 77 (17th-fewest, tied)

Visualize

 
 

Peers

beat out by Tomra Ny Recycling, LLC Union 294 401(K) Savings and Profit SH in Shelton, CT ($7,586), Gripple, Inc. 401(K) Plan in Aurora, IL ($6,000), PGM of Texas Retirement Plan in San Marcos, TX ($5,020), and Treetop Products, Inc. 401(K) Plan in Batavia, IL ($4,638), and 6 others, ending with Regalo International LLC 401k Profit Sharing Plan and Trust in Longboat Key, FL ($3,479).

beat Foundation Fitness LLC 401k Profit Sharing Plan & Trust in Vancouver, WA ($3,109), D & M Industries, Inc. Profit Sharing Plan in Moorhead, MN ($2,941), Clearvision Optical Company, Inc. 401(K) Profit Sharing Plan in Hauppauge, NY ($2,785), and Savaria USA 401(K) Plan in Greenville, SC ($2,628), and others, ending with Security Contractor Services, Inc. 401(K) Plan in North Highlands, CA ($0.00).

References

  1. average employer cash contribution per active participant. Higher values are better. Average employer cash contribution per active participant equals cash contributions from employers, Line 2a(1)(A) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), 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.