Plans » Benchmarking Engine
Benchmarking Innovative Staff Solutions Employees Savings Trust in Matoon, IL against
Innovative Staff Solutions Employees Savings Trust in Matoon, IL has the 10th-lowest average employer+participant cash contribution per active participant ($443) of the 187 plans in the Great Lakes area whose economic sector is Administrative and Support and Waste Management and Remediation Services. That $443 compares to an average of $3,299 across those 187 plans.
Reaching the average of $3,299 would imply an extra $2,330,631 in employer+participant cash contributions.
Note: average employer+participant cash contribution per active participant = average participant cash contribution per active participant + average employer cash contribution per active participant
Innovative Staff Solutions Employees Savings Trust has these standings among those 187 peer plans:
Reaching the average of $3,299 would imply an extra $2,330,631 in employer+participant cash contributions.
Note: average employer+participant cash contribution per active participant = average participant cash contribution per active participant + average employer cash contribution per active participant
Innovative Staff Solutions Employees Savings Trust has these standings among those 187 peer plans:
- average employer+participant cash contribution per active participant = $443 (10th-lowest)
- average participant cash contribution per active participant = $295.50 (8th-lowest)
- average employer cash contribution per active participant = $147.20 (40th-lowest)
- average employer+participant cash contribution per active participant. Higher values are better. Average employer+participant cash contribution per active participant equals the sum of cash contributions from employers, Line 2a(1)(A), plus cash contributions from participants, Line 2a(1)(B), both 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.
- whose economic sector is. The economic sector is the first two 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.
- in region. The 9 regions with their corresponding states or other geographic entities are: New England (CT ME MA NH RI VT), Mid Atlantic (DE DC MD NJ NY PA), Great Lakes (IL IN MI OH WI), Plains (IA KS MN MO NE ND SD), Southeast (AL AR FL GA KY LA MS NC SC TN VA WV), Southwest (AZ NM OK TX), Rocky Mountains (CO ID MT UT WY), Far West (AK CA HI NV OR WA), and Outlying Areas (VI PR GU AS MP). 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.
Innovative Staff Solutions Employees Savings Trust in Matoon, IL is in Illinois, its EIN is 371328305, its industry group is Employment Services, its plan administrator is Jamie Pogue, 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 561300, has 500 to 999 total participants, is worse 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 ($4,909,376)
- total assets ($4,034,289)
- net assets (assets minus liabilities) ($4.00M)
- value of interest in registered investment companies (e.g., mutual funds) ($3.90M)
- total contributions ($372,035)
- cash contributions from participants ($241,161)
- total expenses ($208,295)
- cash contributions from employers ($120,077)
- value of funds held in insurance company general account (unallocated contracts) ($92,760)
- total administrative expenses ($16,608)
- investment advisory and management fees ($12,618)
- average account balance ($4,708)
- contract administrator fees ($3,990)
- average employer+participant cash contribution per active participant ($443)
- average participant cash contribution per active participant ($295.50)
- average employer cash contribution per active participant ($147.20)
- total administrative expense per participant ($19.38)
- 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)
- participant loans ($0)
- value of interest in common/collective trusts ($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)
- 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)
- other administrative expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- net income per total participant (-$1,021)
- total income (-$666,792)
- net income (-$875,087)
- earnings on investments (-$1,038,827)
- net earnings on investments (-$1,051,445)
- percentage of active participants (95.2%)
- diversity of asset types (3.4%)
- total administrative expense ratio (0.410%)
- participant loans as a percentage of plan assets (0.00%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- growth in total assets during the plan year (-17.8%)
- yield on beginning-of-plan-year total assets (-21.42%)
- active participants (816)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (857)
- other retired or separated participants entitled to future benefits (41)
- retired or separated participants receiving benefits (0)
- total participants (857)
Global References