Benchmarking Blackhawk Molding Co., Inc. 401(K) Profit Sharing Plan and Trust in Addison, IL against all plans
Blackhawk Molding Co., Inc. 401(K) Profit Sharing Plan and Trust in Addison, IL has the 2nd-highest yield on beginning-of-plan-year total assets (-11.47%) among the 113 plans in the Great Lakes area whose industry group is Plastics Product Manufacturing. That -11.47% compares to an average of -16.31% across those 113 plans.
Beating the average of -16.31% means an extra $271,873 in net earnings on investments.
Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) ÷ total assets at beginning of plan year
Blackhawk Molding Co., Inc. 401(K) Profit Sharing Plan and Trust has these standings among those 113 peer plans:
Beating the average of -16.31% means an extra $271,873 in net earnings on investments.
Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) ÷ total assets at beginning of plan year
Blackhawk Molding Co., Inc. 401(K) Profit Sharing Plan and Trust has these standings among those 113 peer plans:
- yield on beginning-of-plan-year total assets = -11.47% (2nd-highest)
- net earnings on investments = -$644,525 (26th-highest)
- total assets at beginning of plan year = $5,620,982 (51st-least)
- asset transfers to the plan = $0
- asset transfers from the plan = $0
- cash contributions from participants = $317,851
- cash contributions from employers = $43,431
- total contributions = $396,260
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Peers
Fox Valley Molding Inc Employee 401k Profit Sharing Plan in Plano, IL is first with -3.73%.
beat Alco Plastics, Inc. Employees' Savings and Profit Sharing Plan and Trust in Au Gres, MI (-12.22%), Delfingen US, Inc. Retirement Savings Plan in Rochester Hills, MI (-12.26%), Impact Plastics Corporation 401(K) Plan in Elgin, IL (-12.62%), and American Plastic Molding Corp. 401(K) Plan in Scottsburg, IN (-12.71%), and others, ending with 31 Incorporated Employees 401k Plan in Newcomerstown, OH (-33.25%).
beat Alco Plastics, Inc. Employees' Savings and Profit Sharing Plan and Trust in Au Gres, MI (-12.22%), Delfingen US, Inc. Retirement Savings Plan in Rochester Hills, MI (-12.26%), Impact Plastics Corporation 401(K) Plan in Elgin, IL (-12.62%), and American Plastic Molding Corp. 401(K) Plan in Scottsburg, IN (-12.71%), and others, ending with 31 Incorporated Employees 401k Plan in Newcomerstown, OH (-33.25%).
References
- 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.
- 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.
- yield on beginning-of-plan-year total assets. Higher values are better. To qualify, the total assets at the beginning of the plan year must be above zero, and either (1) both the asset transfers to the plan and asset transfers from the plan during the plan year must be zero, or (2) the sum of the absolute values of both asset transfers must be less than 1% of the total assets at the beginning of the plan year. If it qualifies, the yield on beginning-of-plan-year total assets (as a percentage) equals net earnings on investments divided by total assets at the beginning of the plan year, times 100. The above quantities are all from Schedule H: Assets transfer to the plan is Line 2l(1). Assets transfer from the plan is Line 2l(2). Net earnings on investments is the sum of the ten column (b) entries from 2b, minus investment advisory and management fees (Line 2i(3)). Total assets at the beginning of the plan year is Line 1f(a). 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.