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Benchmarking New Center Stamping Retirement Plan in Detroit, MI against all plans

 

New Center Stamping Retirement Plan in Detroit, MI has the 6th-highest net income (-$180,498) of the 85 plans whose industry group is Forging and Stamping. Those -$180,498 compare to an average of -$992,242 across the 85 plans.

Note: net income = total income - total expenses

New Center Stamping Retirement Plan has these standings among those 85 peer plans:

  • net income = -$180,498 (6th-highest)

  • total income = $111,889 (8th-highest)

  • total expenses = $292,387 (28th-lowest)

Visualize

 
 

Peers

beat out by Technique, Inc. Retirement Savings Plan in Jackson, MI ($387,660), Superior Steel, Inc. 401(K) and Profit Sharing Plan in Knoxville, TN ($65,095), Ohio Valley Manufacturing, Inc. Retirement Savings Plan in Mansfield, OH (-$27,066), and DBG of Arkansas 401(K) Plan for Represented Employees in Conway, AR (-$88,780), and 1 other.

beat Fleetwood Metal Industries Corporation Retirement Savings Plan in Sylacauga, AL (-$228,698), Mantua's 401(K) Plan in Glenwillow, OH (-$235,428), Miba Sinter USA Hourly 401k in McConnelsville, OH (-$252,596), and AMG Industries, LLC Hourly 401(K) Plan in Mount Vernon, OH (-$260,419), and 75 others, ending with Leiss Tool & Die 401(K) Profit Sharing Plan in Somerset, PA (-$3,457,230).

References

  1. 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.
  2. net income. Higher values are better. Net income, Line 2k from Schedule H, equals total income (Line 2d) minus total expenses (Line 2j), all 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.