Benchmarking KKSP Precision Machining 401(K) Plan in Glendale Heights, IL against all plans
KKSP Precision Machining 401(K) Plan in Glendale Heights, IL has the 11th-lowest total administrative expense per participant ($12.98) of the 112 plans whose industry group is Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing. That $12.98 compares to an average of $171.37 across those 112 plans.
Beating the average of $171.37 means a decrease of $39,914 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
KKSP Precision Machining 401(K) Plan has these standings among those 112 peer plans:
Beating the average of $171.37 means a decrease of $39,914 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
KKSP Precision Machining 401(K) Plan has these standings among those 112 peer plans:
- total administrative expense per participant = $12.98 (11th-lowest)
- total administrative expenses = $3,270 (16th-lowest)
- total participants = 252 (13th-most)
Visualize
Peers
beat out by Brady's Welding & Machine Shop 401(K) Plan in Healdton, OK ($0.00), Kamet Profit Sharing/401k Plan in Milpitas, CA ($0.42), S & R Compression, L.L.C. 401(K) Profit Sharing Plan in Tulsa, OK ($0.43), and Kalkaska Screw Products, Inc. Employee Stock Ownership and 401(K) Plan in Kalkaska, MI ($1.47), and 6 others, ending with Craft Employees Retirement and Savings Plan in Hampton, VA ($8.67).
beat Round Ground Metals, Inc. 401(K) Plan & Trust in Hanover Park, IL ($15.46), MTM G&V 401(K) Profit Sharing Plan in Manitowoc, WI ($15.81), Cobalt Enterprises 401(K) Plan in Arlington, WA ($21.33), and Anderson Precision Inc 401(K) Profit Sharing Plan & Trust in Jamestown, NY ($22.51), and 97 others, ending with Verhoff Machine & Welding 401(K) Plan and Trust in Continental, OH ($749.30).
beat Round Ground Metals, Inc. 401(K) Plan & Trust in Hanover Park, IL ($15.46), MTM G&V 401(K) Profit Sharing Plan in Manitowoc, WI ($15.81), Cobalt Enterprises 401(K) Plan in Arlington, WA ($21.33), and Anderson Precision Inc 401(K) Profit Sharing Plan & Trust in Jamestown, NY ($22.51), and 97 others, ending with Verhoff Machine & Welding 401(K) Plan and Trust in Continental, OH ($749.30).
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.
- total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, separated participants who are still living, and deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, 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.