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Benchmarking Give and Go 401(K) Plan in Shirley, NY against all plans

 

Give and Go 401(K) Plan in Shirley, NY has the 8th-highest other administrative expenses ($13,251) of the 28 plans in the Mid Atlantic whose industry group is Other Food Manufacturing. Those $13,251 compare to an average of $10,507 across the 28 plans.

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Peers

better than Premio Foods, Inc. 401(K) Plan in Hawthorne, NJ ($71,276), Sovena USA 401(K) & Profit Sharing Plan in Rome, NY ($50,351), International Foodsource 401(K) Plan in Randolph, NJ ($29,462), and B & K Retirement Savings Plan in Callery, PA ($29,210), and 3 others, ending with Kalustyan Corp.401(K) Plan in Union, NJ ($21,995).

exceeded Fratelli Beretta USA, Inc. 401(K) Plan in Mount Olive, NJ ($5,825), Marley Spoon, Inc. 401(K) Retirement Plan and Trust in New York, NY ($5,186), US Beverage Packers LLC in Woodbury, NY ($4,197), and Food Sciences Corporation Retirement Plan in Mount Laurel, NJ ($3,920), and 16 others, ending with Al & John, Inc. 401(K) Profit Sharing Plan in West Caldwell, NJ ($0).

References

  1. 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.
  2. other administrative expenses. Lower values are better. From Line 2i(4), Schedule H. Other expenses are those that cannot be included in 2i(1) through 2i(3). These may include plan expenditures such as salaries and other compensation and allowances (e.g., payment of premiums to provide health insurance benefits to plan employees), expenses for office supplies and equipment, cars, telephone, postage, rent, expenses associated with the ownership of a building used in the operation of the plan, and all miscellaneous expenses. Includes premium payments to the PBGC when paid from plan assets. A missing entry from the Schedule H is here assigned a value of $0. 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.
  3. 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.