Plans » Benchmarking Engine
Benchmarking Aw Industries Profit Sharing and Savings Plan in Landover, MD against
neutral (3)
Aw Industries Profit Sharing and Savings Plan in Landover, MD has the 3rd-most net assets (assets minus liabilities) ($9.70M) of the 123 plans whose industry group is Furniture and Related Product Manufacturing. Those $9.70M compare to an average of $5.00M across the 123 plans.
Note: net assets (assets minus liabilities) =
total assets - total liabilities
Aw Industries Profit Sharing and Savings Plan has these standings among those 123 peer plans:
Note: net assets (assets minus liabilities) =
total assets - total liabilities
Aw Industries Profit Sharing and Savings Plan has these standings among those 123 peer plans:
- net assets (assets minus liabilities) = $9.70M (3rd-most)
- total assets = $9,734,433 (3rd-most)
- total liabilities = $0 (the least, tied)
- 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-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.
- net assets (assets minus liabilities). At end of plan year. Net assets equal total assets minus total liabilities. Line 1l from Schedule H. 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.
Aw Industries Profit Sharing and Savings Plan in Landover, MD is in Maryland, its EIN is 520747561, its industry group is Furniture and Related Product Manufacturing, its plan administrator is Regina Dorin, 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 337000, has 100 to 499 total participants, is worse than the overall participant averages in each of net income per total participant, active-participant contributions per head, and employer contributions per active participant, and is lower than the overall administrative medians in each of contract administrator fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets at beginning of plan year ($12,618,864)
- total assets ($9,734,433)
- net assets (assets minus liabilities) ($9.70M)
- value of interest in registered investment companies (e.g., mutual funds) ($8.20M)
- total expenses ($1,872,370)
- value of interest in common/collective trusts ($1,161,005)
- total contributions ($909,184)
- cash contributions from participants ($662,850)
- receivables employer contributions ($206,933)
- cash contributions from employers ($206,933)
- participant loans ($179,761)
- average account balance ($30,903)
- other administrative expenses ($14,075)
- total administrative expenses ($14,075)
- average employer+participant cash contribution per active participant ($3,733)
- average participant cash contribution per active participant ($2,845)
- average employer cash contribution per active participant ($888.10)
- total administrative expense per participant ($44.68)
- total noninterest-bearing cash ($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 pooled separate accounts ($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)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- net income per total participant (-$9,157)
- total income (-$1,012,061)
- earnings on investments (-$1,921,245)
- net earnings on investments (-$1,921,245)
- net income (-$2,884,431)
- percentage of active participants (74.0%)
- diversity of asset types (17.5%)
- participant loans as a percentage of plan assets (1.85%)
- total administrative expense ratio (0.140%)
- 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 (-15.23%)
- growth in total assets during the plan year (-22.9%)
- active participants (233)
- deceased participants whose beneficiaries receive or are entitled to benefits (4)
- living participants (311)
- other retired or separated participants entitled to future benefits (77)
- retired or separated participants receiving benefits (1)
- total participants (315)
Global References