Plans » Benchmarking Engine
Benchmarking American Furniture Manufacturing, Inc. 401(K) Plan in Pontotoc, MS against
American Furniture Manufacturing, Inc. 401(K) Plan in Pontotoc, MS has the 5th-lowest average participant cash contribution per active participant ($702.20) of the 33 plans within 50 miles. That $702.20 compares to an average of $6,931 across those 33 plans.
Reaching the average of $6,931 would imply an extra $1,762,770 in participant cash contributions.
Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants
American Furniture Manufacturing, Inc. 401(K) Plan has these standings among those 33 peer plans:
Reaching the average of $6,931 would imply an extra $1,762,770 in participant cash contributions.
Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants
American Furniture Manufacturing, Inc. 401(K) Plan has these standings among those 33 peer plans:
- average participant cash contribution per active participant = $702.20 (5th-lowest)
- cash contributions from participants = $198,713 (8th-least)
- active participants = 283 (13th-most)
- average participant cash contribution per active participant. Higher values are better. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) 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-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
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within 50 miles.
- The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
- In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.
American Furniture Manufacturing, Inc. 401(K) Plan in Pontotoc, MS is in Mississippi, its EIN is 721360017, its industry group is Furniture and Related Product Manufacturing, its plan administrator is Jeffrey Campbell, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 337000, has 100 to 499 total participants, is better than the overall plan medians in each of total income, net income, yield on beginning-of-plan-year total assets, and diversity of asset types (4 total), and is worse than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant.
Global References
Numeric values:
- total assets at beginning of plan year ($2,634,513)
- net assets (assets minus liabilities) ($2.20M)
- total assets ($2,175,633)
- value of interest in pooled separate accounts ($1,960,475)
- total expenses ($359,716)
- total contributions ($340,784)
- cash contributions from participants ($198,713)
- cash contributions from employers ($142,071)
- value of interest in registered investment companies (e.g., mutual funds) ($93.0K)
- participant loans ($68,539)
- value of interest in common/collective trusts ($53,201)
- average account balance ($7,252)
- contract administrator fees ($6,430)
- total administrative expenses ($6,430)
- average employer+participant cash contribution per active participant ($1,204)
- average participant cash contribution per active participant ($702.20)
- average employer cash contribution per active participant ($502.00)
- total administrative expense per participant ($21.43)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- professional fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- net income per total participant (-$1,530)
- total income (-$99,164)
- earnings on investments (-$439,948)
- net earnings on investments (-$439,948)
- net income (-$458,880)
- percentage of active participants (94.3%)
- diversity of asset types (13.5%)
- participant loans as a percentage of plan assets (3.15%)
- total administrative expense ratio (0.300%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-16.70%)
- growth in total assets during the plan year (-17.4%)
- active participants (283)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (300)
- other retired or separated participants entitled to future benefits (17)
- retired or separated participants receiving benefits (0)
- total participants (300)
Global References