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Benchmarking Belflex Staffing Network Retirement Savings Plan in Cincinnati, OH against all plans

 

Belflex Staffing Network Retirement Savings Plan in Cincinnati, OH has the 10th-highest total administrative expense per participant ($438.64) of the 321 plans within 50 miles. That $438.64 compares to an average of $132.91 across those 321 plans.

Reaching the average of $132.91 would imply a decrease of $54,725 in total administrative expenses.

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

Belflex Staffing Network Retirement Savings Plan has these standings among those 321 peer plans:

  • total administrative expense per participant = $438.64 (10th-highest)

  • total administrative expenses = $78,516 (11th-highest)

  • total participants = 179 (153rd-fewest, tied)

Visualize

 
 

Peers

better than Ritz Safety LLC 401 K Profit Sharing Plan Trust in Dayton, OH ($924.65), BMC Growth Fund, LLC 401(K) Plan in Miamisburg, OH ($758.54), The Phoenix Group Holding Company 401k Plan in Springboro, OH ($708.21), and Data Intensity LLC 401(K) Profit Sharing Plan and Trust in Covington, KY ($607.08), and 5 others, ending with Advanced Engineering Solutions, Inc. 401(K) Retirement Savings Plan in Springboro, OH ($443.77).

exceeded Day Air Credit Union, Inc. 401(K) Plan in Kettering, OH ($426.57), Miami Industrial Trucks, Inc. 401(K) Profit Sharing Plan in Dayton, OH ($422.89), Ashley F. Ward, Inc. Retirement Savings Plan in Mason, OH ($398.74), and Cincinnati USA Regional Chamber 401(K) Plan in Cincinnati, OH ($392.72), and 307 others, ending with Nisbet Investment Corp. 401(K) Plan in Cincinnati, OH (-$34.31).

References

  1. 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.
  2. within 50 miles.

    • The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
    • In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.

    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.