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Benchmarking Workrite Ergonomic Accessories, Inc. 401(K) Plan in Grand Rapids, MI against all plans

 

Workrite Ergonomic Accessories, Inc. 401(K) Plan in Grand Rapids, MI has the 6th-lowest net income per total participant (-$14,584) of the 220 plans within 50 miles. That -$14,584 compares to an average of -$4,811 across those 220 plans.

Reaching the average of -$4,811 would imply an extra $1,368,337 in net income.

Note: net income per total participant = net income รท total participants

Workrite Ergonomic Accessories, Inc. 401(K) Plan has these standings among those 220 peer plans:

  • net income per total participant = -$14,584 (6th-lowest)

  • net income = -$2,041,820 (20th-lowest)

  • total participants = 140 (58th-fewest, tied)

Visualize

 
 

Peers

better than Ferris Coffee & Nut Company Employee's Profit Sharing Plan in Grand Rapids, MI (-$24,677), Allied Finishing, Inc. Profit Sharing Retirement Plan in Grand Rapids, MI (-$18,511), Vredevoogd Heating & Cooling 401(K) Plan in Grandville, MI (-$18,356), and Plasan 401(K) Plan in Walker, MI (-$16,987), and 1 other.

trailed Portland Products, Inc. Profit Sharing 401(K) Plan in Portland, MI (-$13,557), Fastco Industries, Inc. 401(K) Plan in Grand Rapids, MI (-$13,529), Seelye Auto Group 401k Profit-Sharing Plan in Kalamazoo, MI (-$13,506), and Granco Clark, Inc. 401(K) Profit-Sharing Plan in Belding, MI (-$13,374), and 210 others, ending with Wonderland Tire, Inc. Profit Sharing 401(K) Plan in Byron Center, MI ($27,178).

References

  1. net income per total participant. Higher values are better. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, Line 6f of 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.
  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.