Powered by OnlyBoth

Benchmarking Nanshan America AAT Retirement Plan in Lafayette, IN against all plans

 

Nanshan America AAT Retirement Plan in Lafayette, IN has the 5th-most participant loans as a percentage of plan assets (4.44%) among the 118 plans within 50 miles. That 4.44% compares to an average of 1.07% across those 118 plans.

Reaching the average of 1.07% would imply a savings of $216,350 in participant loans.

Note: participant loans as a percentage of plan assets =
(100 * participant loans) ÷ total assets

Nanshan America AAT Retirement Plan has these standings among those 118 peer plans:

  • participant loans as a percentage of plan assets = 4.44% (5th-most)

  • participant loans = $284,815 (the most)

  • total assets = $6,418,602 (31st-most)

Visualize

 
 

Peers

better than Talbert Manufacturing, Inc. Bargaining Unit Employees' 401(K) Plan in Rensselaer, IN (7.09%), Id Castings, LLC 401(K) Plan in Noblesville, IN (5.68%), Right Steps Child Development Centers 401(K) Plan in Lafayette, IN (5.61%), and Standard Locknut, LLC Incentive Savings Plan in Westfield, IN (4.60%).

exceeded Bone Dry Roofing 401(K) Trust Plan in Indianapolis, IN (4.38%), Chiyoda USA Corp Associate 401(K) Retirement Plan in Greencastle, IN (3.87%), Berry-It Inc in Kokomo, IN (3.62%), and Precision Products Group, Inc. Retirement Plan in Carmel, IN (3.41%), and 109 others, ending with Salud Revenue Partners LLC 401(K) Plan in West Lafayette, IN (0.00%).

References

  1. participant loans as a percentage of plan assets. Lower values are better. Participant loans as a percentage of plan assets equals participant loans, Line 1c(8) from Schedule H, divided by total assets, Line 1f(b) from Schedule H, times 100. A high value may indicate excessive borrowing from participants' retirement accounts. To qualify for participant loans as a percentage of plan assets, 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.