Plans » Benchmarking Engine
Benchmarking Peter Pan Bus Lines, Inc Retirement Program for Union Employees in Springfield, MA against
good (1)
neutral (4)
Peter Pan Bus Lines, Inc Retirement Program for Union Employees in Springfield, MA has the 6th-highest yield on beginning-of-plan-year total assets (-10.08%) among the 216 plans within 50 miles. That -10.08% compares to an average of -16.19% across those 216 plans.
Beating the average of -16.19% means an extra $286,675 in net earnings on investments.
Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) ÷ total assets at beginning of plan year
Peter Pan Bus Lines, Inc Retirement Program for Union Employees has these standings among those 216 peer plans:
Beating the average of -16.19% means an extra $286,675 in net earnings on investments.
Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) ÷ total assets at beginning of plan year
Peter Pan Bus Lines, Inc Retirement Program for Union Employees has these standings among those 216 peer plans:
- yield on beginning-of-plan-year total assets = -10.08% (6th-highest)
- net earnings on investments = -$473,486 (44th-highest)
- total assets at beginning of plan year = $4,695,456 (84th-least)
- asset transfers to the plan = $0
- asset transfers from the plan = $0
- cash contributions from participants = $175,214
- cash contributions from employers = $56,661
- total contributions = $231,875
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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.
- yield on beginning-of-plan-year total assets. Higher values are better. To qualify, the total assets at the beginning of the plan year must be above zero, and either (1) both the asset transfers to the plan and asset transfers from the plan during the plan year must be zero, or (2) the sum of the absolute values of both asset transfers must be less than 1% of the total assets at the beginning of the plan year. If it qualifies, the yield on beginning-of-plan-year total assets (as a percentage) equals net earnings on investments divided by total assets at the beginning of the plan year, times 100. The above quantities are all from Schedule H: Assets transfer to the plan is Line 2l(1). Assets transfer from the plan is Line 2l(2). Net earnings on investments is the sum of the ten column (b) entries from 2b, minus investment advisory and management fees (Line 2i(3)). Total assets at the beginning of the plan year is Line 1f(a). 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.
Peter Pan Bus Lines, Inc Retirement Program for Union Employees in Springfield, MA is in Massachusetts, its EIN is 042202752, its industry group is Interurban and Rural Bus Transportation, its plan administrator is Brian R. Stefano, is a profit-sharing plan, collectively-bargained, 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 485210, has 100 to 499 total participants, is worse than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, and diversity of asset types (4 total), is worse than the overall participant averages in each of net income per total participant, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (4 total), and is higher than the overall administrative medians in each of professional fees, contract administrator fees, investment advisory and management fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets at beginning of plan year ($4,695,456)
- net assets (assets minus liabilities) ($4.00M)
- total assets ($3,992,390)
- value of interest in pooled separate accounts ($3,874,022)
- total expenses ($471,596)
- total contributions ($231,875)
- cash contributions from participants ($175,214)
- participant loans ($110,910)
- cash contributions from employers ($56,661)
- total administrative expenses ($49,296)
- average account balance ($32,724)
- contract administrator fees ($20,945)
- professional fees ($18,210)
- investment advisory and management fees ($10,141)
- receivables participant contributions ($3,494)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($2,877)
- average employer+participant cash contribution per active participant ($2,230)
- average participant cash contribution per active participant ($1,685)
- receivables employer contributions ($1,087)
- average employer cash contribution per active participant ($544.80)
- total administrative expense per participant ($404.07)
- total noninterest-bearing cash ($0)
- other receivables (not employer nor participant contributions) ($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 common/collective trusts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of interest in registered investment companies (e.g., mutual funds) ($0.0K)
- 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)
- other administrative expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- net income per total participant (-$5,763)
- total income (-$231,470)
- earnings on investments (-$463,345)
- net earnings on investments (-$473,486)
- net income (-$703,066)
- percentage of active participants (85.2%)
- diversity of asset types (4.5%)
- participant loans as a percentage of plan assets (2.78%)
- total administrative expense ratio (1.235%)
- total cash as a percentage of plan assets (0.07%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-10.08%)
- growth in total assets during the plan year (-15.0%)
- active participants (104)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (122)
- other retired or separated participants entitled to future benefits (18)
- retired or separated participants receiving benefits (0)
- total participants (122)
Global References