Benchmarking Better World Books 401(K) Profit Sharing Plan in Mishawaka, IN against all plans
Better World Books 401(K) Profit Sharing Plan in Mishawaka, IN paid the 12th-highest contract administrator fees ($21,889) of the 86 plans whose industry group is Electronic Shopping and Mail-Order Houses and are self-administered by the plan sponsor. Those $21,889 compare to an average of $8,083 across the 86 plans.
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Peers
better than International Commerce & Marketing Corp. 401(K) Plan in Milwaukee, WI ($58,534), Moda Operandi, Inc. 401(K) Plan in Brooklyn, NY ($53,656), Shopperschoice/Blaze 401(K) Plan in Baton Rouge, LA ($41,701), and Heartland America 401(K) Plan in Chaska, MN ($41,586), and 7 others, ending with Trademark Global, LLC 401(K) Plan in Lorain, OH ($22,197).
exceeded Hoffman Media, LLC 401(K) Plan in Birmingham, AL ($21,606), Fun.com 401(K) Plan in North Mankato, MN ($18,904), Best Choice Products 401(K) Plan in Tustin, CA ($18,394), and Wantable, Inc. 401(K) Plan in Milwaukee, WI ($16,279), and 70 others, ending with Woodpeckers LLC 401k Plan in Strongsville, OH ($0).
exceeded Hoffman Media, LLC 401(K) Plan in Birmingham, AL ($21,606), Fun.com 401(K) Plan in North Mankato, MN ($18,904), Best Choice Products 401(K) Plan in Tustin, CA ($18,394), and Wantable, Inc. 401(K) Plan in Milwaukee, WI ($16,279), and 70 others, ending with Woodpeckers LLC 401k Plan in Strongsville, OH ($0).
References
- self-administered by the plan sponsor. 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.
- contract administrator fees. Lower values are better. From Line 2i(2), Schedule H. The total fees paid (or in the case of accrual basis plans, costs incurred during the plan year but not paid as of the end of the plan year) to a contract administrator for performing administrative services for the plan. For purposes of the return/report, a contract administrator is any individual, partnership, or corporation, responsible for managing the clerical operations (e.g., handling membership rosters, claims payments, maintaining books and records) of the plan on a contractual basis. Does not include salaried staff or employees of the plan or banks or insurance carriers. 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.
- 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.