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Benchmarking McGill, Power, Bell & Associates, LLP 401(K) and Profit Sharing Plan in Meadville, PA against all plans

 

McGill, Power, Bell & Associates, LLP 401(K) and Profit Sharing Plan in Meadville, PA has the 4th-highest total administrative expense per participant ($640.11) of the 1,105 Pennsylvania plans. That $640.11 compares to an average of $158.68 across those 1,105 plans.

Reaching the average of $158.68 would imply a decrease of $63,548 in total administrative expenses.

Note: total administrative expense per participant =
total administrative expenses รท total participants

McGill, Power, Bell & Associates, LLP 401(K) and Profit Sharing Plan has these standings among those 1,105 peer plans:

  • total administrative expense per participant = $640.11 (4th-highest)

  • total administrative expenses = $84,495 (17th-highest)

  • total participants = 132 (224th-fewest, tied)

Visualize

 
 

Peers

better than Urology of Central Pennsylvania Retirement Plan in Camp Hill, PA ($32,374), The Brownstein Group Profit Sharing 401(K) Plan in Philadelphia, PA ($713.58), and Pennsylvania Farm Bureau 401(K) Matched Savings Plan in Camp Hill, PA ($659.04).

exceeded Sampson Morris Group, Inc. 401(K) Plan in Monroeville, PA ($577.36), Pond Lehocky LLP 401(K) Profit Sharing Plan and Trust in Sanatoga, PA ($533.44), Hondru Dealerships 401(K) Plan in Manheim, PA ($529.96), and F. C. Young Co. , Inc. 401k Plan in Bristol, PA ($515.89), and others, ending with Elizur Corporation 401k Profit Sharing Plan in McDonald, PA (-$38.95).

References

  1. in state. 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. 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.