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Benchmarking Kwang Jin America, Inc. 401(K) Plan in Warren, MI against all plans

 

Kwang Jin America, Inc. 401(K) Plan in Warren, MI has the 2nd-lowest total administrative expense ratio (0.000%) among the 473 plans within 50 miles. That 0.000% compares to an average of 0.530% across those 473 plans.

Beating the average of 0.530% means a savings of $13,611 in total administrative expenses.

Note: total administrative expense ratio =
(100 * total administrative expenses) รท total assets

Kwang Jin America, Inc. 401(K) Plan has these standings among those 473 peer plans:

  • total administrative expense ratio = 0.000% (2nd-lowest, tied)

  • total administrative expenses = $0 (2nd-lowest, tied)

  • total assets = $2,553,513 (102nd-least)

Visualize

 
 

Peers

The Wellness Plan Medical Centers 401(K) Plan in Detroit, MI is first with -0.090%.

tied with Allegria Village 401(K) Plan in Dearborn, MI, Wimsatt Building Materials 401(K) PS Plan & Trust in Novi, MI, Miba Hydramechanica Corporation 401(K) Profit Sharing Plan in Sterling Heights, MI, K.S.I. Employees Retirement Savings Plan in Wixom, MI, and 2 others, all with 0.000%.

beat Moeller Precision Tool 401(K) Plan in Wixom, MI (0.007%), The Farbman Group 401(K) Plan in Southfield, MI (0.008%), Destination Media, Inc. dba GSTV 401(K) Plan in Detroit, MI (0.011%), and Xanedu Publishing Retirement Plan in Livonia, MI (0.013%), and 461 others, ending with Formel D USA, Inc. 401(K) Profit Sharing Plan in Southfield, MI (5.358%).

References

  1. total administrative expense ratio. Lower values are better. Total administrative expense ratio (as a percentage) equals total administrative expenses (Line 2i(5), Schedule H) divided by total assets (end of plan year; Line 1f(b) from Schedule H), times 100. To qualify for total administrative expense ratio, the number of total assets must be at least $50,000. 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. 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.

    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.