Benchmarking Crown/Norfab Retirement Plan in Chaska, MN against all plans
Crown/Norfab Retirement Plan in Chaska, MN has the lowest average participant cash contribution per active participant ($717.80) of all the 33 plans whose industry group is Alumina and Aluminum Production and Processing. That $717.80 compares to an average of $2,595 across those 33 plans.
Reaching the average of $2,595 would imply an extra $251,511 in participant cash contributions.
Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants
Crown/Norfab Retirement Plan has these standings among those 33 peer plans:
Reaching the average of $2,595 would imply an extra $251,511 in participant cash contributions.
Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants
Crown/Norfab Retirement Plan has these standings among those 33 peer plans:
- average participant cash contribution per active participant = $717.80 (the lowest)
- cash contributions from participants = $96,190 (the least)
- active participants = 134 (9th-fewest)
Visualize
Peers
trailed BRT Extrusions, Inc. 401(K) Plan in Niles, OH ($1,252), Eac Bargaining Unit 401(K) Plan in Belding, MI ($1,278), Scepter, Inc. 401(K) Plan in Waverly, TN ($1,342), and Elite Aluminum Corporation 401(K) Retirement Plan in Coconut Creek, FL ($1,466), and 28 others, ending with Champagne Metals, LLC 401(K) Plan in Glenpool, OK ($6,526).
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.
- average participant cash contribution per active participant. Higher values are better. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), 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.